AN estimated 20% of land in Solomon Islands is legally registered.
That’s according to International Finance Cooperation (ICF) Tourism Consultant Björn Svensson.
Mr. Svensson highlighted this in his presentation during the launching of the Western Province Investable Sites Report and Solomon Islands Tourism Investment guide on Friday at Heritage Park Hotel in Honiara.
The 20% figure of land registered is from the International Finance Cooperation, ‘A Creating Markets’ Approach to Tourism Investment in Solomon Islands’ report.
“An estimated 20% of land in Solomon Islands is registered.
“It is enough land to support the development of a healthy tourism industry,” Svensson said.
However, he added Western Province and Isabel have the largest proportion of registered land.
Meanwhile, IFC is a member of the World Bank Group – is a largest global development institution focused on the private sector in emerging markets.
IFC worked in more than 100 countries, using their capital, expertise and influence to create markets and opportunities in developing countries.
BY ESTHER NURIA