Samoa and ADB
In the Spotlight
ADB’s interventions in the Pacific should help countries reduce the high cost of doing business and providing services, develop capacity to manage risks from economic shocks, natural disasters, and climate change, as well as promote the creation of competitive high value-added goods and services.
ADB has approved a $25 million grant for a submarine cable project which will support the development of a fiber-optic cable system linking Samoa to Fiji’s international submarine cable network, giving Samoa fast and affordable Internet access. Cofinance is being provided by the World Bank and the Government of Australia.
Samoa can further improve its competitiveness through reforms supporting private sector growth, focusing on primary constraints to investment and entrepreneurship.
Known as a reform-oriented country in the Pacific, Samoa has achieved significant development gains through ADB support in education, infrastructure, and other sectors.
Samoa continues to make progress in achieving its Millennium Development Goals. Poverty has fallen in urban centers, child mortality has been reduced, and the government has placed greater emphasis on environmental sustainability. Primary school education is now almost universal for children in Samoa, while gender disparity in both primary and secondary education has been eliminated.
With a narrow base, limited resources, and limited capacity, Samoa’s economy is extremely vulnerable to external shocks and natural disasters.
The country operations business plan, 2016-2018 for Samoa is aligned with ADB’s Interim Pacific Approach 2015, which extends the validity of its Pacific Approach 2010-2014; the midterm review of ADB’s Strategy 2020; and the Strategy for the Development of Samoa, 2012-2016.