Solomon Islands taps Filipino SEZ experts

Three Special Economic Zone (SEZ) technical experts from the Philippines were engaged by the Solomon Islands in finalizing a SEZ bill in preparation for its tabling at the next Parliament sitting for this year in July.

A statement by the Democratic Coalition for Change Government said the three, who will assist the government task force on SEZs, are Josefina Ela Bueno, Antonio Rex Chan and Jesus Vicente Magsaysay II of the Josefina Ela Bueno Attorney at Law in Manila.

The three signed their 10-week contract of employment with the Solomon Islands Government with the Permanent Secretary for the Ministry of Commerce, Industries, Labor and Immigration, George Kosui, and the Permanent Secretary for Finance and Treasury, Harry Kuma.

The signing ceremony, held at the Prime Minister's Office, was presided over by John Muria from the Attorney General's Chambers, with the assistance of the National Consultant on Commerce and Tourism in the Prime Minister's Office, Martin Housanau.

Kosui told the Prime Minister's Press Secretariat that the government task force on SEZs, which he heads, is pleased with the engagement of the Filipino SEZ experts and is looking forward to their invaluable input to the important legislation.

He said the SEZ legislation is a flagship policy of the Democratic Coalition for Change Government.

Meanwhile, Chan told the Prime Minister's Press Secretariat that his team brings with it vast experience in SEZs legislation drafting and looks forward to assisting the Solomon Islands with its SEZs bill.

Chan said that from his personal experience in drafting certain SEZs legislations and as an operator of one of the biggest free port special economic zones in the Philippines, he understands the needs of foreign investors and how to structure foreign investment requirements in SEZs legislation to entice investors.

Source: Manila Time