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Stimulating investment in pearl farming in ... - World Fish Center

Stimulating investment in pearl farming in ... - World Fish Center

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outcome is far from certa<strong>in</strong>. There have also been smaller acquisitions for privatedevelopment (via transfer by the Commissioner or the Prov<strong>in</strong>cial Assembly to localdevelopers). If all goes smoothly <strong>in</strong> such cases the process should take about six months,but here too the longer-term outcomes of exist<strong>in</strong>g acquisitions are not yet clear because ofquestions about the quality of the <strong>in</strong>vestigative process.As well as go<strong>in</strong>g through a ‘due diligence ‘check and the appropriate formal proceduresfor acquir<strong>in</strong>g a registered <strong>in</strong>terest <strong>in</strong> land, a prospective <strong>in</strong>vestor would want to bethoroughly assured of local acceptance of the proposed <strong><strong>in</strong>vestment</strong> through a pa<strong>in</strong>stak<strong>in</strong>gprocess of gett<strong>in</strong>g acqua<strong>in</strong>ted with local leaders and communities and read<strong>in</strong>g up localhistory. Commercial <strong><strong>in</strong>vestment</strong> on unregistered land by a non-Solomon Islander wouldbe <strong>in</strong>secure and is not recommended.3.3 Relevant location of government-owned and other exist<strong>in</strong>gregistered landsIn these circumstances it probably makes sense, at least while prov<strong>in</strong>g the commercialfeasibility of a <strong>pearl</strong> <strong>in</strong>dustry <strong><strong>in</strong>vestment</strong>, to explore the possibility of us<strong>in</strong>g land that isalready registered, and has been or is now <strong>in</strong> use for some form of economic activity.Such lands exist <strong>in</strong> the follow<strong>in</strong>g locations:− Shortlands (Ballalae airstrip), Gilbertese resettlement, close to Bouga<strong>in</strong>ville− Vaghena, Gilbertese resettlement, Kagau (airstrip), access to Mann<strong>in</strong>g Strait− Mann<strong>in</strong>g Strait islands− Suavanao (airstrip)− NW Isabel coastl<strong>in</strong>e, Allardyce Harbour− Reef islands southeast of Gizo, <strong>in</strong>clud<strong>in</strong>g Nusatupe (Gizo airport, <strong>World</strong><strong>Fish</strong> base)tourist resorts and Gilbertese resettlement− South Vona Vona lagoon (Munda airport)− NW Marovo lagoon reef islands (Ramata) (airstrip)− The major part of the Marovo lagoon appears to have been extensively affected bysediment run-off from logg<strong>in</strong>g on New Georgia and Vangunu− SW Marovo lagoon (Uepi, Seghe) (Seghe airstrip)− Russell Islands (Yand<strong>in</strong>a airstrip)− Sandfly Island and passage (Maravari)− Marau Sound, East Guadalcanal (airstrip) (shell jewellery, corals, Ian Gower)(Tavanipupu resort)− Santa Ana (East Makira)These locations will be <strong>in</strong>dicated on the map of SI <strong>in</strong>cluded <strong>in</strong> the brochure. Visits will bearranged to some of the most accessible sites where it is believed conditions may make<strong>pearl</strong> farm<strong>in</strong>g technically feasible.3.4 ReefsLand as def<strong>in</strong>ed <strong>in</strong> the Land and Titles Act <strong>in</strong>cludes land covered by water (though notm<strong>in</strong>erals or ‘substances <strong>in</strong> or under land’ that are usually obta<strong>in</strong>ed by m<strong>in</strong><strong>in</strong>g or surfacework<strong>in</strong>g). Most <strong>in</strong>terests <strong>in</strong> registered land are def<strong>in</strong>ed to end at the high-water mark, but11

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