This was highlighted during a celebration to mark PNG’s 39th independence anniversary on Tuesday in Honiara, Solomon Islands.
Attending the ceremony was the country’s caretaker Deputy Prime Minister Manasseh Maelanga with other PNG nationals working there.
PNG High Commissioner Fred Yakasa said about 25 PNG companies have registered in Solomon Islands with a total investment of around SBD $500 million (K164.79 million).
He said the number of companies operating in the Solomon Islands signified the good and strong relationship with Solomon Islands in terms of trade and investment.
Following its investment programmes, the PNG government had made a commitment to the SI government to provide educational sponsorship for 800 tertiary level scholarships at the undergraduate level for four years. “PNG has continuously played a vital role in this country’s human resources development since the establishment of diplomatic relation between the two traditional friends,” Yakasa said.
The PNG government supported the country during the recent flood relief programmes with SBD$8.5 million (K2.8 million).
He said one of the important gestures that signified the two country’s relation was the construction of the PNG high commission’s chancery project.
“This project is anticipated to be completed by March 2015. The total cost of the project is approximately K20 million which equivalent to SBD$60 million,” Yakasa said.
“PNG is one of closest Melanesian brothers and neighbour to Solomon Islands.
“This relation has been nurtured and strengthened over the years through cooperative dialogues at bilateral, sub regional and international.”
He said both countries continued to maintain robust relations through close cooperation across the political, economic, social and cultural spectrum.