The Central Bank of the Solomon Islands has announced the start of the procurement phase for a new headquarters project. The new facility is intended to meet the bank’s expanding operational needs and support its monetary and financial stability mandate by replacing premises that no longer fully match current technology, security and operational requirements. The project is designed to deliver modern and secure banking and office facilities, stronger safety and access systems, climate-resilient and disaster-resistant infrastructure, and more flexible space for future growth. The bank also said the project will be governed through a Project Steering Committee, supported by professional consultants, technical specialists and independent quality assurance mechanisms, with sustainability measures such as energy-efficient systems, water conservation and environmentally responsible construction practices built into the design. The project will now move through procurement, construction and commissioning, with completion expected in the final quarter of 2030.