Minister for Finance and Treasury and the Minister for Mines, Energy and Rural Electrification
Minister for Mines, Energy and Rural Electrification
Board of Directors
|Carson korowa||Chairman||Transition (2019)|
Solomon Islands Water Authority (SIWA), trading as Solomon Water, is a State-owned Enterprise created under the Solomon Islands Water Authority Act 1992 to provide water and sewerage services in urban areas of the country (currently Honiara and three provincial centres).
SIWA is governed by a board of directors that is responsible to the Accountable Ministers, being the Minister for Finance and Minister for Mines, Energy and Rural Electrification.
Vision and Mission
Solomon Water’s vision is “safe water for a healthy nation” and its mission is to “provide reliable and safe water supply and sewerage services within our area of operations in Solomon Islands”.
Community Service Obligations
Solomon Water received SBD3.1million and SBD4.6million in payments for the provision of community service obligations (CSOs) in 2014 and 2016, respectively. These CSOs are focused on provincial water supply and were subject to a contract with the Ministry of Finance. No CSO payment was received in 2015 and 2017.
|(SBD ‘000)||2013||2014||2015||2016||2017||5-yr Average|
|Net Profit After Tax||11,496||6,102||7,176||25,272||7,538||11,516|
|Cash / Current liabilities||0.561||0.579||1.165||1.817||1.653||1.155|