Private Sector Engagement Boosts Performance of State-Owned Enterprises

Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB. Read More

A Broader View of Asian Poverty

Food insecurity and economic vulnerability should be included in a broader definition of poverty that could help policymakers develop more effective approaches, says new ADB report. Read More

ADB Helps Rebuild Flood-Damaged Transport Infrastructure in Solomon Islands

The $15.58 million project will help rebuild and upgrade roads and other transport infrastructure damaged by severe flooding from Tropical Cyclone Ita in April 2014. Read More

Aviation Safety and Security - ADB's Take

Developing safe air transport systems and airports is a critical task for all nations. The complex work requires that small and developing countries work together to pool their resources and expertise. Read More

Overview

Solomon Islands is a sprawling country comprising six large islands, dozens of smaller islands, and hundreds of islets and atolls. More than 80% of the population of 553,000 is rural and lives in widely dispersed villages of several hundred people. These factors, along with a narrow economic base, make 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.

Fast Facts

0.57 (2013)
Population in millions

2.3% (2008-2013)
Average annual population growth rate

22.7% (2006)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
20.22 / 22.51
Agriculture (4)
 
8.91 / 9.92
Energy (2)
 
4.00 / 4.45
Finance (2)
 
26.00 / 28.95
Public Sector (2)
 
18.53 / 20.63
Transport and ICT (4)
 
1.65 / 1.84
Water Supply (1)
 
10.50 / 11.69
Multisector (2)
 
89.81 / 100.00
TOTAL (17)
Cumulative as of 31 December 2013