A multi-million dollar tuna cannery and loin factory has been proposed for Doma, West Guadalcanal in the Solomon Islands.
The $250 million investment proposal by Korean fisheries company Dongwon Industries was revealed to the Solomon Star this week.
Company adviser, Ju-hyuk Daniel Kwon, is in Honiara this week to meet with finance and fisheries officials, as well as those from Guadalcanal Province, to the investment proposal. He said the Korean government and Dongwon Industries are willing to be partners in this investment to assist Solomon Islands develop its fisheries sector and build its economy.
He believes that investing in the project will benefit the people and the economy by providing more job opportunities, bring in foreign currency and improve the standard of living.
The investment includes the construction of a wharf, two cooler rooms and the cannery and loin factory, and will be similar to the Noro cannery (in Western Province) but will be bigger and will provide more opportunities and benefits to the local people and economy, reports the Solomon Star.
“Our company is ready to come in at anytime,” said Mr Kwon. “However, that will depend on the national government’s decision and the Guadalcanal provincial government on how quickly they respond and finalise the process.”
