Earlier this week the Cook Islands Investment Corporation (CIIC) presented its Statement of Corporate Intent (SCI) 2025–2029, setting a clear and coordinated direction for how Crown assets, housing, and State-Owned Enterprises (SOEs) will be managed over the next four years.
The presentation, attended by representatives across MPs, ministers, SOE boards and management, featured opening remarks from CIIC Chair Tangata Fletcher Melvin and Deputy Chair Sharyn Paio, followed by concise updates from each of CIIC’s entities highlighting recent achievements, key goals, and emerging risks.
Prime Minister Mark Brown also addressed attendees, acknowledging the collective progress made across the CIIC Group and emphasising the importance of future-proofing the nation’s infrastructure, workforce, and services to meet the demands of a rapidly changing environment.
“The strength of our economy and our communities depend on how well we plan for the future,” said the Prime Minister. “CIIC’s role is central to ensuring our public assets are not only maintained but modernised – ready to serve the next generation.”
A Shared Vision: Quality Public Assets that Empower Our People
The Statement of Corporate Intent 2025–2029 articulates CIIC’s vision of “Quality public assets that empower our people, our places, our future” and a refreshed purpose to lead the delivery and stewardship of public assets and services that strengthen national resilience and wellbeing.
The plan outlines six strategic priorities that will guide CIIC and its group of 9 State-Owned Enterprises and two associates:
- Future-ready infrastructure – building climate-resilient, modern infrastructure that supports essential services.
- Secure and affordable housing – addressing housing pressures through public builds, partnerships, and asset repurposing.
- Sustainable investments and financial resilience – reducing reliance on Crown funding through stronger commercial performance and new investment models.
- Growing and retaining our people – developing leadership and technical capability across the CIIC group.
- Strengthening group governance and integration – enhancing collaboration and consistency across SOEs.
- Managing risk, smarter systems, and services – modernising systems through digital transformation and shared services
Building a Stronger Tomorrow
In his presentation, Chair Fletcher Melvin said the document reflects a major step in CIIC’s evolution from a project-based asset agency to a unified group leader delivering long-term value for the nation.
“Our focus is on quality public assets and strong governance that serve our people today and into the future,” said Melvin. “This plan ensures we are well-coordinated, transparent, and aligned with national development goals.”
Deputy Chair Sharyn Paio added that CIIC’s collective strength lies in its people and the partnerships it fosters across the public and private sectors.
“The SCI provides a roadmap for collaboration across our entities – bringing shared systems, smarter investment, and a stronger, more capable workforce.”
A Unified Effort
From energy and water to ports, telecommunications, and banking, each SOE presentation reinforced the group’s shared commitment to modernising infrastructure, improving service delivery, and supporting economic and social resilience throughout the Cook Islands
CIIC Chief Executive Officer Allan Jensen said the SCI marks a new chapter in how CIIC leads and delivers.
“We’re not just managing assets; we’re building a system that empowers our people and places. The SCI sets the framework for smarter investments, integrated governance, and long-term resilience. We’ve already started work on the SCI, about which we are excited.”
