fbpx Solomon Islands and ADB | Asian Development Bank

Solomon Islands and ADB

ADB works closely with the Government of Solomon Islands on development strategy, transport infrastructure, private sector development, promotion of renewable energy sources, and public finance management reforms and macroeconomics.

Overview

ADB has been supporting Solomon Islands since 1973 and has committed $174.4 million in loans, $219.0 million in grants, and $32.3 million in technical assistance. Cumulative loan and grant disbursements to Solomon Islands amount to $169.1 million.

ADB Membership

Joined 1973

Shareholding and Voting Power

Number of shares held:
708 (0.007% of total shares)

Votes:
39,822 (0.299% of total membership, 0.460% of total regional membership)

Overall capital subscription:
$9.79 million

Paid-in capital subscription:
$0.48 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.

Project Result / Case Study

Reconnecting Solomon Islands After the Cyclone Ita Floods

ADB’s Transport Sector Flood Recovery Project helped reinstate bridge approach roads, culverts, and stream crossings and rebuilt three elevated bridges, reestablishing a seamless east–west road link on Guadalcanal and within Honiara. All works incorporated climate- and disaster-proof design.

Institutional Document

Pacific Energy Update 2019

This document highlights how ADB technical assistance and energy sector projects are helping to build resilient, low-carbon economies, while increasing access to clean, reliable power in the Pacific.

Publication

Asian Development Bank and Solomon Islands: Fact Sheet

ADB works closely with the Government of Solomon Islands on development strategy, transport infrastructure, private sector development, promotion of renewable energy sources, and public finance management reforms and macroeconomics.

Data: Solomon Islands

Economic growth in Solomon Islands is expected to slow again in 2020, as exports fall under COVID-19, before recovering in 2021 as construction on large infrastructure projects offsets a continuing decline in logging. Trade and travel disruption caused by COVID-19 is expected to delay construction on some infrastructure projects that rely on imports and foreign labor, contracting industry. Public administration services will remain the main contributor to growth. Expenditure on health care and COVID-19 preparedness are expected to expand.

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 Solomon Islands   View all projects

Proposed

Approved/Active

Flickr Photostream

43381-012: Second Road Improvement (Sector) Project in the Solomon Islands43381-012: Second Road Improvement (Sector) Project in the Solomon Islands43381-012: Second Road Improvement (Sector) Project in the Solomon Islands43381-012: Second Road Improvement (Sector) Project in the Solomon Islands43381-012: Second Road Improvement (Sector) Project in the Solomon Islands40263-022: Domestic Maritime Support (Sector) Project in the Solomon Islands40263-022: Domestic Maritime Support (Sector) Project in the Solomon Islands40263-022: Domestic Maritime Support (Sector) Project in the Solomon Islands40263-022: Domestic Maritime Support (Sector) Project in the Solomon Islands42291-024 and 42291-026: Higher Education in the Pacific Investment Program in Solomon Islands42291-024 and 42291-026: Higher Education in the Pacific Investment Program in Solomon Islands42291-024 and 42291-026: Higher Education in the Pacific Investment Program in Solomon Islands

Funding Information

Contact

Pacific Liaison and Coordination Office (PLCO) - Asian Development Bank (ADB)

Level 20, 45 Clarence Street
Sydney, NSW Australia 2000

  Office Hours: 8:30 a.m. to 5:00 p.m. (Monday to Friday)

  Tel +61 2 8270 9444
  Fax +61 2 8270 9445
  E-mail

Solomon Islands Pacific Country Office

Dalcy L. TOZAKA (Ms)
Senior Country Coordination Officer
Level 1, Heritage Park Commercial Building, Mendana Avenue, Honiara, Solomon Islands
  Tel +61 2 677 23333
  E-mail

About Us

The Pacific Liaison and Coordination Office (PLCO) is ADB's representative office in Sydney, Australia, and also acts as a focal point for New Zealand. It allows ADB to be more responsive to the development needs of the Pacific and further strengthens its relations with governments, the private sector, and nongovernment organizations (NGOs) in the region.

It is involved in programming, processing, and administration of assistance in Nauru, Solomon Islands, and Vanuatu.

PLCO’s responsibilities include:

  • promoting private sector development across all 15 of ADB's Pacific developing member countries
  • hosting joint activities and holding consultations with academic and research institutions, and civil society
  • coordinating and hosting high-level visits from ADB Headquarters to Australia, New Zealand, and countries of responsibility
  • facilitating country reporting and updating, aid coordination, external relations and information dissemination

Staff

Lotte SCHOU-ZIBELL (Ms)Regional Director  Email
Sally SHUTE-TREMBATH (Ms)External Communications Specialist  Email
Matthew HODGE (Mr)Deputy Regional Director and Senior Country Specialist  Email

Holidays 2020

The ADB Extended Mission Solomon Islands is closed on these dates:

New Year's Day January 1 (Wednesday)
Good Friday April 10 (Friday)
Easter Monday April 13 (Monday)
Whit Monday June 1 (Monday)
Queen's Birthday June 12 (Friday)
Independence Day July 7 (Tuesday)
Labour Day October 5 (Monday)
Christmas Day December 25 (Friday)
National Day of Thanksgiving December 28 (Monday)
New Year's Eve December 31 (Thursday)

Last updated: 10 December 2019