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Honiara gears up for MSG summit

Staff Reporter 9/19/2016 |
THE historic Private Sector Development (PSD) Week for the Melanesian Spearhead Group (MSG) will be held in the Solomon Islands capital Honiara this week.

Events during the week include workshops and meetings which will be attended by government officials responsible for business development as well as representatives of the private sector and civil society organisations.

Melanesian Spearhead Group director general Amena Yauvoli said the upcoming events are unparalleled as MSG officials responsible for small business development, including cooperatives, micro and informal enterprises will meet for the first time to work and share not only their good and replicable practices but also stories and individual national experiences that we can all learn from.

Officials representing the co-operatives and small business development centres, as well as small business representatives will also meet with the heads of investment promotion agencies which are usually mandated to attract foreign direct investment inflows.

"Potential linkages between these industry players at various levels are critical to explore and facilitate," Mr Yauvoli said.

Best practices from the global co-operatives movement to be shared by the International Co-operatives Alliance, which membership includes Papua New Guinea and Vanuatu, are expected to be benefit the participating Melanesian Spearhead Group co-operatives.

"The presence of the Alliance is testament to the significance of the Secretariat’s efforts to rejuvenate Cooperatives as a tool for sustainable development as also articulated in the Melanesian Spearhead Group and the private sector development strategy which leaders had endorsed during their special summit on July 14 in Honiara," Mr Yauvoli said.

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