“These objectives are not only central to our national aspirations but are also aligned with the global development agenda-particularly the Sustainable Development Goals (SDGs).”
The Prime Minister emphasized that SEZs provide a strategic and spatially focused platform for structural reform, investment attraction, and infrastructure development.
By concentrating government efforts and resources in designated areas, SEZs can catalyze economic diversification and job creation—factors he argued are indispensable for a stable and resilient Solomon Islands.
Drawing connections between economic development and peace, Prime Minister Manele said, it is not a matter of speculation…it is well-documented that economic development is a vital ingredient in consolidating peace and preventing the recurrence of conflict.
He outlined the direct relevance of SEZs to several SDGs, including SDG 1: No Poverty, through job and income generation, SDG 8: Decent Work and Economic Growth, by promoting private sector involvement and sustainable business, SDG 9: Industry, Innovation and Infrastructure, via targeted investment in transportation, energy, and digital networks, SDG 16: Peace, Justice and Strong Institutions, by tackling economic root causes of conflict.
The Special Economic Zone Bill 2024, now under parliamentary scrutiny, seeks to establish a legal and institutional framework to operationalize SEZs across the country.
If passed, it will enable the government to designate specific zones with economic incentives and governance structures aimed at accelerating growth.
The Prime Minister stressed, the SEZ must be pursued with seriousness and strategic intent. It is not merely an economic tool but an instrument of peacebuilding, resilience, and long-term national development.
The Special Economic Zone Bill 2024 is now before the Committee of the Whole House.
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Prime Minister’s Press Secretariat
