Solomon Islands and ADB
In the Spotlight
The Solomon Islands’ growth forecast for 2015 is unchanged as the economy records strong export performance and progress in reconstruction following severe floods in April 2014.
The Government of Australia and ADB have established the Pacific Business Investment Facility, an advisory service for Pacific island businesses requiring commercial finance for growth, diversification, or consolidation of their businesses.
This brief provides representatives of national government and regional organizations—and other key decision makers in climate change, development, fisheries, agriculture, environment, and natural resource management in Coral Triangle of the Pacific (CTP) and similar countries—with policy advice to help rural communities adapt to climate change.
A group of women married to workers at the Guadalcanal Plains Palm Oil company in the Solomon Islands started making school uniforms for their children to save money. A thriving small business has emerged that is boosting confidence as well as local incomes.
Solomon Islands is one of the largest countries in Melanesia, and is spread across six large islands, dozens of smaller islands, and hundreds of islets and atolls. More than 80% of Solomon Islanders live in rural villages of several hundred people, and this widely dispersed population, along with a narrow economic base, makes the provision of public services challenging.
ADB’s strategic focus on infrastructure development - including transport and ICT - private sector development, public sector management, and renewable energy, remains relevant in the context of development challenges, government priorities, and the support provided by other development partners.
Projects in Solomon Islands
- Solomon Islands Flood Disaster Response Project
- Second Road Improvement (Sector) Project
- Strengthening Country Safeguard Systems in the Transport Sector
- Provincial Renewable Energy Project (formerly Outer Island Renewable Energy Project)
- Supporting the Implementation of the National Development Strategy
0.58(2014) Population in millions
2.3%(2009-2014) Average annual population growth rate
22.7%* Population living below the national poverty line (*Preliminary/interim figure; or refers to period before 2009.)