Hanoi [Vietnam], June 2: SI Group has signed a Memorandum of Understanding (MoU) with the Government of the Solomon Islands to serve as a strategic adviser and priority investor in the development and international promotion of the country's first Special Economic Zone (SEZ). This MoU establishes the foundation for collaboration, with a more detailed investment agreement to be finalized and presented to the Government Caucus for formal approval. Also Read | Pride Month 2025 Quotes: Inspirational Gay Pride Slogans, Powerful Sayings, Messages and Greetings To Celebrate and Support the LGBTQ+ Community. Solomon Islands - A Strategic Gateway in the Pacific Situated at the crossroads of Southeast Asia, Australia, and the South Pacific, the Solomon Islands holds a unique position on major maritime trade routes. With ongoing economic reforms and a commitment to inclusive development, the country is positioning itself as a new frontier for global investment and sustainable growth. Also Read | NEET UG 2025 Result Date: NTA Likely To Release Answer Key Today, Final Result Expected Next Week at neet.nta.nic.in; Know Steps To Check Scorecard Online. The Honourable Jaimie Lency VOKIA, Minister of Commerce, Industry, Labour and Immigration and Member of Parliament, stated: "This MOU marks the beginning of a strategic public-private partnership. SI Group's global reach and sector expertise will help attract serious international investors to the SEZ, aligning with our national goals for economic diversification and regional integration." A Government-Led SEZ for National Development The Special Economic Zone, officially launched by the Government of the Solomon Islands, is a flagship initiative aimed at stimulating broad-based economic transformation. Its goals include: * Establishing a globally competitive, well-regulated business environment * Attracting high-impact investment, advanced technology, and international expertise * Generating employment and enabling export-led growth across multiple sectors A Cohesive Structure for Sustainable Growth The SEZ will comprise a series of interconnected sub-zones, each with distinct strategic functions: 1. Marine Economy - Agriculture - Natural Resources * A 100-hectare, high-tech shrimp farm targeting premium export markets (e.g., Japan and EU) * Fisheries processing hub aligned with global safety and quality standards * Environmentally responsible mining operations (gold and bauxite) using ESG-aligned practices 2. Social Services - Education - Tourism * An international hospital serving both local and regional communities * Vocational training centers customized to SEZ workforce demands * A luxury resort, casino, and golf course targeting high-end eco-tourism 3. Infrastructure - Finance - Logistics * Financial services platform including a dedicated SEZ bank and investor support systems * A strategic logistics hub with cold storage and streamlined cargo processing * Integrated infrastructure to deliver reliable energy, water, and telecoms All sub-zones will be developed in accordance with a national master plan to ensure operational coherence and long-term sustainability. Implementation Roadmap: From Vision to Execution SI Group and the Solomon Islands Government have agreed on a structured implementation roadmap to realize the SEZ through phased development: Short-Term (0-6 months) * Formalization of the SEZ Investment Agreement and submission to the Government Caucus * Establishment of SI Group's office in Honiara* Launch of initial pilot projects in healthcare, aquaculture, and logistics * Engagement of anchor investors and technical consultants * Finalization of the SEZ's legal and regulatory frameworks Long-Term (1-3 years) * Full-scale development of SEZ sub-zones across targeted provinces * Infrastructure deployment and utility integration * Public-private partnerships for job creation and capacity building * Significant growth in FDI and economic diversification * Establishment of the Solomon Islands as a model for sustainable SEZ development in the Pacific SI Group - Strategic Adviser and Priority Investor Under the terms of the MOU, SI Group will serve as a strategic adviser and priority investor on major investment opportunities within the zone. SI Group's role includes: * Advising on SEZ development strategy, structure, and international best practices * Promoting the SEZ to global investors and multilateral institutions * Facilitating capital mobilization and technical partnerships * Supporting legal, financial, and regulatory alignment to attract long-term investment About SI Group Established in 2001 as ESPECO (H.K) Limited and now headquartered in Vietnam, SI Group is a global advisory and investment firm specializing in: * Investor migration and post-settlement solutions * Government advisory and international business development * Infrastructure, real estate, and hospitality investment * Strategic partnerships and trade facilitation With active operations in over 20 countries and a proven track record of delivering high-impact projects, SI Group is committed to supporting the Solomon Islands in realizing its SEZ ambitions through sustainable and inclusive development. MEDIA CONTACT Nguyen Huu Tri (Kannie) CMO & Director of Global Business Development - SI Group Email: kannie.nguyen@si.im Phone: +84 904 605 065 Website: www.sigroup.vn (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)