Solomon Islands and ADB
In the Spotlight
The women benefited from a series of business law reforms in Solomon Islands that introduced the concept of community companies. These consist of groups, such as farmers, landowners, or women’s organizations, which use community assets in the form of handicrafts, fishing boats, or local crops.
Pacific economies are looking to overcome their remoteness through telecommunications technology, improved transport networks, and greater private investment and competition, says a new ADB report.
Solomon Islands Electricity Authority is working with ADB to increase the uptake of grid-connected renewable power, and to extend access to modern electricity services.
Solomon Islands covers about 28,000 square kilometers of Melanesia. Around 85% of the population of 528,000 lives in widely dispersed villages of just a few hundred people each.
A key development challenge for the government is controlling recurrent expenditure amid modest growth in revenues. The economy is based on primary commodities, and alternative opportunities to generate income are scarce. Economic growth prospects rest on the private sector and on developments in mining, agriculture, and fishing, with some potential for tourism.
ADB’s focus on energy, information and communication technology, private sector development, public sector management, and transport remains relevant in the context of government priorities and the support provided by other development partners
Projects in Solomon Islands
Average annual population growth rate in Solomon Islands (2011-2016)
Population in Solomon Islands, in millions (2016)
Population living below the national poverty line in Solomon Islands (2013)
Maternal mortality ratio in Solomon Islands, per 100,000 live births (2015)