EU Lends A Helping Hand To Support Bina Harbor Project

A recent meeting held between the EU and Solomon Islands representatives concluded that the European bloc would support the Bina Harbor Tuna Processing Plant project. EU’s newly designated Ambassador to the Solomon Islands, Barbara Plinkert, met Rexon Ramofafia, the Minister for National Planning and Development Coordination of Solomon Islands on October 31. They discussed various topics including the much-anticipated project that aligns with the Pacific Island nation government’s “push for transformative economic infrastructure development,” reported Solomon Island news sites.

Ramofafia said that Bina Harbor will be the country’s second major tuna processing plant initiative and his government expects it to kick-start by 2027. He explained: “With the EU being a significant importer of our tuna products, this project holds strategic importance for us, particularly given that it targets one of the Solomon Islands’ largest provinces.” The project is expected to require an investment of up to USD 200 million. Several nations such as the US, China, Australia, and New Zealand are anticipated to team up with the Solomon Islands to make this a reality.