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Poor infrastructure is a key constraint on the productive sectors that will drive economic growth in Solomon Islands as logging output continues to decline. These sectors include tourism, agriculture, fisheries, and mining. Estimates suggest that a 10 percent increase in a country’s infrastructure investment will contribute to an additional one percent of GDP growth over the long term.
The Solomon Islands Infrastructure Program (SIIP) supports the Solomon Islands’ national development objective of improving the social and economic livelihoods of all Solomon Islanders, and aligns with Australia’s Pacific Step-up, COVID-19 Development Response Plans, and the AIFFP. Governments, businesses, and the Solomon Islands community are expected to benefit from access to new and upgraded infrastructure that supports the local economy; provides opportunities for improved livelihoods; increases access to services; improves communication; and results in a more reliable, safer, and inclusive transport network.
The program uses economic infrastructure to contribute to broad-based, inclusive, and sustainable economic growth. In addition to economic infrastructure, SIIP focuses on transport (land, sea, and air), ICT, electricity, water and sanitation, and infrastructure-supporting rural development. These areas will help to drive growth and diversify the nation’s economy.
SIIP follows five guiding principles that form the foundation of the program and drive decision-making:
The program's goal is to improve the quality and accessibility of economic infrastructure to contribute to broad based, inclusive, and sustainable economic growth in Solomon Islands. Expected results include: