If foreign investors have generally been wary of investing in Fiji since the 2006 coup, Papua New Guinea has been the exception.
Our Region
Papua New Guinea is expected to remain the standout economy in the Pacific over the coming year, with its success having a knock-on effect on neighbouring Solomon Islands. Business Advantage summarises the outlook for the region’s larger economies.
While Solomon Islands lies in the mineral-rich Pacific Ring of Fire, its mining sector has yet to mirror the success of Papua New Guinea, the region’s minerals powerhouse. But the obstacles are being removed.
Papua New Guinea firms are playing a key role in the Solomon Islands as investment floods in.
Less than a decade after its economy lay in ruins, the Solomon Islands is in remarkably good shape.