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Tuvalu and ADB

ADB’s program of assistance in Tuvalu focuses on improving outer-island port facilities, enhancing information and communication technology, building disaster resilience, promoting renewable energy sources, and sustaining good fiscal management.

Overview

ADB has been supporting Tuvalu since 1993, committing $7.9 million in loans, $52.3 million in grants, and $8.6 million in technical assistance. Cumulative loan and grant disbursements to Tuvalu amount to $29.1 million.

ADB Membership

Joined 1993

Shareholding and Voting Power

Number of shares held:
150 (0.001% of total shares)

Votes:
39,264 (0.295% of total membership, 0.453% of total regional membership)

Overall capital subscription:
$2.07 million

Paid-in capital subscription:
$0.11 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: Tuvalu

Tuvalu can expect growth to be affected by Tropical Cyclone Tino, which struck in January 2020. Rehabilitation largely financed by contingent budget support from multilateral organizations should, joined by a renewable energy project in the latter half of 2020, provide some stimulus, but growth is still projected lower at 2.7% in 2020 and 3.2% in 2021. COVID-19 is likely to drag on construction growth.

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 Tuvalu   View all projects

Proposed

Approved/Active

Flickr Photostream

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Funding Information

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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

Tuvalu Pacific Country Office

Letasi IULAI (Mr)
Partnership House, Vaiaku, Funafuti, Tuvalu
  Tel +688 20610
  Mobile +688 7004595
  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
  • Samoa
  • Tonga
  • Tuvalu

The Tuvalu 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 Tuvalu Pacific Country Office is closed on these dates:

New Year's Day January 1 (Wednesday)
Commonwealth Day March 9 (Monday)
Good Friday April 10 (Friday)
Easter Monday April 13 (Monday)
Te Aso ote Tala Lei (Gospel Day) May 18 (Monday)
Queen's Birthday June 22 (Monday)
National Children's Day August 10 (Monday)
Independence Day October 1 (Thursday)
Christmas Day December 25 (Friday)
Boxing Day December 28 (Monday) in lieu of December 26

Last updated: 13 January 2020