Minister for Finance and Treasury and Minister for Infrastructure Development
Minister for Infrastructure Development
Board of Directors
|Stephen W Maesiola||Member||20/12/2021|
Solomon Islands Ports Authority (SIPA), is a State-owned Enterprise established under the Ports Act 1956 (amended in 1996) to operate the ports of Honiara and Noro. SIPA is subject to the State-owned Enterprises Act 2007 and State-owned Enterprises Regulations 2010.
SIPA is governed by a board of directors that is responsible to the Accountable Ministers, being the Responsible Minister and the Minister of Finance. The Responsible Minister is the Minister of Infrastructure Development.
Vision and Mission
SIPA’s mission is “to become the hub port of the South Pacific”.
|(SBD ‘000)||2013||2014||2015||2016||2017||5-yr Average|
|Net Profit After Tax||1,205||-6,549||26,327||122,653||84,741||45,675|
|Cash / Current liabilities||2.678||1.470||3.136||11.422||13.348||6.41|