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News

Statement of Corporate Intent 2025-2029 sets clear and unified direction for CIIC group

By Ruanoo Mose 

Cook Islands Investment Corporation (CIIC) has released its Statement of Corporate Intent (SCI) for 2025-2029.

Approved by the Government of the Cook Islands, endorsed by the CIIC Board of Directors and facilitated by CIIC Team, the SCI outlines CIIC’s vision, strategy, achievements, financial targets and performance areas, summarising what CIIC has been doing for the past year and looking ahead at what CIIC plans to do in the next four years.

CIIC Chairperson Fletcher Melvin says this Statement of Corporate Intent for 2025–2029, is a strategic roadmap that sets a clear and unified direction for the CIIC group and marks an important shift in how CIIC will lead.

The updated vision, “Quality public assets that empower our people, our places, our future,” reflects a deeper purpose, Mr Melvin says.

“It recognises that the infrastructure we build and manage today must serve generations to come, while supporting the wellbeing and resilience of our people today,” he says.

“Over the past year, we have worked closely with management, our SOEs, and stakeholders across government to define a group-wide strategy that reflects shared goals, integrated systems and strong governance.”

The six strategic priorities outlined in this plan are ambitious, but they are also achievable, Mr Melvin says.

“They reflect the critical enablers of public value: housing, infrastructure, talent, governance, financial resilience, and smarter systems,” he says.

“The public engagement session was invaluable in terms of contributing to the SCI’s content.

“We are focused on delivering value through strong governance, sustainable investment, and modern, people-centred infrastructure systems.”

Cook Islands Deputy Prime Minister and Minister responsible for CIIC, Hon. Albert Nicholas says the Cook Islands Government has very clear commitments to deliver better public services, support economic growth and invest in infrastructure that improves the lives of Cook Islanders, now and in the future.

“CIIC plays a critical role in the implementation of these national priorities. As the Crown’s asset manager and lead agency of Government assets and State-Owned Enterprise (SOE) oversight, CIIC is central to the Government’s broader public sector transformation,” Mr Nicholas says.

“This Statement of Corporate Intent outlines a refreshed strategy for CIIC.

“It positions the organisation not only as a builder of essential infrastructure, but as a group leader; coordinating, governing, and enabling a high-performing SOE network.”

People are invited to view the latest SCI 2025-2029 by clicking the link below and provide written submissions

CIIC Statement of Corporate Intent
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