Private Sector Assessments | 1 July 2005 | Solomon Islands

Private Sector Assessment for Solomon Islands

about psdi

This private sector assessment for Solomon Islands—undertaken by ADB before PSDI was established—describes the macroeconomic background in the country, assesses challenges and opportunities for private sector development, and contains recommendations for long-term and operational priorities for the development of the private sector.

The report shows the business environment in the Solomon Islands is not conducive to economic growth. The ADB report notes the high costs of doing business there and mentions a pervasive culture of interference and control by the public sector in the Solomon Islands that exists along with weak public administration. A need for better infrastructure and reliable and less expensive electricity and telecommunications is also expressed in the private sector study.