The Solomon Islands government has welcomed a joint venture development involving a church and companies from Papua New Guinea and Israel to build a solar power farm and an agribusiness.
Israeli investor David Kalush, president of the Seventh Day Adventist Mission Silent Tovosia and chair of PNG's Mainland Holdings William Lamur yesterday announced plans for the development.
Mr Kalush will invest in an eight megawatt solar farm and a state of the art water processing plant on land provided by the church.
On the same land a poultry processing factory will also be developed in partnership with Mainland - a PNG agribusiness company.
The Solomons government said the foreign investment would boost the economy, providing employment.
