Pacific Islands must have healthy private sectors to assist in addressing the high unemployment rate which is now rife in the Pacific Islands.The Executive Officer of Pacific Islands Private Sector Organization, PIPSO, Henry Sanday, in a press statement said it is the intention of PIPSO to see private sectors in the Pacific islands flourish.
He said PIPSO is aware of the very high rate of unemployment of youths in the Pacific and have recognized the need to provide some mechanisms to address the issue of unemployment.
Mr. Sanday said PIPSO is taking the initiative to empower the private sector so that they can venture into other business opportunities.
He said PIPSO is to empower private sector and the Government to establish dialogue with genuine investors to invest in Solomon Islands.
Mr. Sanday however stressed that the country needs to breed a favourable climate for private sector investment to help the government to create more employment opportunities for the youths.
He said that PIPSO is proactive in organizing seminars in Pacific Islands states to get the views of non government and government owned businesses.
"We want to hear their views so that PIPSO can establish effective dialogue regionally and internationally."
Mr. Sanday stressed on the need for private sectors to link with PIPSO "because [we] provide links at the regional level and this can help your business to be recognized by investors around the world."
He said that PIPSO is working with the Solomon Islands Chamber of Commerce and the Solomon Islands Medium Enterprise Centre with the purpose to improve business climate in Honiara to grow.
Mr. Sanday will be touring other Pacific countries to bring awareness on purpose of PIPSO and its fundamental policies and principles to the non-government and government sectors.
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