The Solomon Islands forestry sector has been the mainstay of the economy for over 40 years, providing up to 80% of foreign earnings over that period. Recent Solomon Islands Government (SIG) initiatives in collaboration with donor partners are aimed at refocusing the industry towards increased domestic processing and value-adding. The benefits of increased domestic processing include increased employment opportunities for Solomon Islanders, less reliance on imported goods and expansion of locally owned enterprises.
The Solomon Islands forestry sector has been the main contributor to the economy, providing up to 80% of foreign earnings for over 40 years. The government and donor partners aim to increase domestic processing and value-adding, leading to benefits such as more jobs for locals, reduced reliance on imports, and the expansion of local businesses.