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Cook Islands and ADB

ADB assistance to the Cook Islands focuses on increasing electricity generation from renewable energy sources, improving internet connectivity, enhancing information and communication technology, and strengthening resilience to natural disasters.

Overview

ADB has been supporting the Cook Islands since 1976, having committed loans totaling $97.6 million, grants of $24.3 million, and technical assistance worth $12.1 million. Cumulative loan and grant disbursements to the Cook Islands amount to $76.0 million.

ADB Membership

Joined 1976

Shareholding and Voting Power

Number of shares held:
282 (0.003% of total shares)

Votes:
39,396 (0.296% of total membership, 0.455% of total regional membership)

Overall capital subscription:
$3.90 million

Paid-in capital subscription:
$0.19 million

In the Spotlight

News Release

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

The economies of the Cook Islands, Fiji, Palau, Samoa, and Vanuatu are the Pacific countries likely to feel the brunt of the COVID-19 pandemic, according to a new report by ADB released today.

News Release

Kacific1 Satellite Launch to Bring Affordable Internet to Remote Parts of Asia and Pacific

Kacific Broadband Satellites International Limited (Kacific) has launched the Kacific1 satellite to expand high-speed broadband internet access across Asia and the Pacific. 

Institutional Document

Pacific Energy Update 2019

ADB will invest over $1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable and sustainable electricity in the subregion.

Publication

Effectiveness of Foreign Development Assistance in Mitigating Natural Disasters’ Impact: Case Study of Pacific Island Countries

While natural disasters greatly hinder economic growth in the South Pacific region, official development assistance significantly mitigates such adverse effects.

Data: Cook Islands

The Cook Islands economy is expected to be severely affected by a collapse in tourist arrivals from March 2020, with economic activity projected to contract by 2.2% in FY2020.

Projects Cofinanced, 2014-2018

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.

Project Performance, 2000-2018

Projects in Cook Islands   View all projects

Proposed

No projects in this category were found.

Approved/Active

Flickr Photostream

50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific50110-001: Improving Internet Connectivity for the South Pacific46453-002: Renewable Energy Sector Project46453-002: Renewable Energy Sector Project46453-002: Renewable Energy Sector Project

Funding Information

Contact

Pacific Subregional Office (SPSO) - Asian Development Bank (ADB)

91 Gordon Street
Suva, Fiji

  Office Hours: 8:00 a.m. to 5:00 p.m. (Monday to Friday)

  Tel +679 3318101
  Fax +679 3318074
  E-mail

Cook Islands Pacific Country Office

Ngamata P. TUARA (Ms)
Coordination and Administration Officer (Consultant)
Kaititera Part Section 105, Avarua, Rarotonga, Cook Islands
  Tel +682 22697
  E-mail

About Us

The Pacific Subregional Office (SPSO) is located in Suva, Fiji and performs a full range of resident mission functions:

  • government, civil society, and private sector relations
  • policy dialogue
  • country reporting
  • aid coordination
  • external relations and information dissemination

As ADB's regional representative in the Pacific, SPSO undertakes strategic planning, country programming, and economic sector work, overall portfolio management and project administration of selected projects, support for the development of knowledge products, and capacity building and regional cooperation activities. The office has close access and relations with the Pacific developing member countries it serves:

  • Cook Islands
  • Fiji
  • Kiribati
  • Niue
  • Samoa
  • Tonga
  • Tuvalu

The Cook Islands Pacific Country Office supports the government in implementing its national development strategy. The office, which serves as extensions of SPSO and ADB headquarters, enhances the effectiveness and impact of ADB assistance in country.

Staff

Masayuki TACHIIRI (Mr)Regional Director  E-mail
Erik AELBERS (Mr)Head, Economics and Programming  E-mail
David FAY (Mr)Head, Project Administration Unit  E-mail
S. Beatrice OLSSON (Ms)Senior Country Coordination Officer  E-mail

Holidays 2020

The Cook Islands Pacific Country Office is closed on these dates.

New Year's Day January 1 (Wednesday)
The Day After New Year’s Day January 2 (Thursday)
Good Friday April 10 (Friday)
Easter Monday April 13 (Monday)
Queen's Birthday June 1 (Monday)
Ra O Te Ui Ariki July 3 (Friday)
Constitution Day August 4 (Tuesday)
National Gospel Day October 26 (Monday)
Christmas Day December 25 (Friday)
Boxing Day December 28 (Monday) in lieu of December 26

Last updated: 13 January 2020