Upcoming Tender: Solomon Island’s Strongim Bisnis - Investment Design Document
The Investment Design for a new proposed program in the Solomon Islands is provided for the information of the market and prospective tenderers.
The Solomon Islands Growth Program (SIGP) will be the flagship program for Australia's increased emphasis on economic growth in Solomon Islands, as described in the Aid Investment Plan.
The SIGP will complement DFAT's existing portfolio of investments that support economic growth in Solomon Islands, including bilateral and regional programs targeting infrastructure, market access, trade facilitation, governance, skills, private sector environment reform and women's economic empowerment.
The SIGP will:
- fund additional economic infrastructure projects that address constraints to business development or catalyse investment.
- continue existing Australian support for economic reform within the Ministry of Finance and Treasury; and
- through a new mechanism, "Strongim Bisnis" (Strengthen Business) work in selected markets (initially cocoa, coconut and tourism), primarily with the private sector, on business practice, market development, risks and resilience, and women's participation in the economy.
Only Strongim Bisnis (about 25% of the allocation) will be contracted as a result of this design. The other elements of the SIGP will be managed through existing partnerships and management arrangements.
Strongim Bisnis will work with the private sector to seed ideas, provide start up support and stimulate collaboration. It will aim to operate mainly through the provision of knowledge, ideas and encouragement, not by providing recurrent operational costs for business. Strongim Bisnis activities may include developing and testing new business models, reducing the risk to new investors through risk or information sharing arrangements, strengthening the capacity of the private sector to advocate for reform, and support for marketing and investment promotion.
Individual's/organisation's are reminded that any reference to proposed staffing of the project in the design is indicative only, may change, and may be left to the market to decide what is the optimal approach as part of Tenderer's submissions to the proposed tender.
Information is provided for planning purposes only and it does not represent solicitation or constitute a request for proposal, nor is it a commitment to purchase or tender for any described services. The scale, scope and focus of any proposed program may change at any time and is subject to formal approval by the Australian and Solomon Islands Governments before any procurement process will commence. This information is subject to delays, revision or cancellations.