Vanuatu and ADB
In the Spotlight
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How can the Pacific tackle the challenges of isolation?
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.
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Pacific Energy Update 2017: Vanuatu
The Vanuatu Energy Access Project will increase electrification rates on the country’s two largest islands (Malekula and Espiritu Santo), and add renewable power generation capacity on Malekula.
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Pacific Growth to Pick Up in 2017 — ADB Report
Pacific economies face gradually improving growth prospects in the next 12 months on the back of stronger economic fundamentals, says a new ADB report.
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Vanuatu: Country Operations Business Plan, 2017-2019
The Vanuatu country operations business plan (COBP) 2017–2019 is aligned with the strategic priorities of the Pacific Approach, 2016–2020; the Midterm Review of Strategy 2020; and the government’s Priorities and Action Agenda, 2006–2015, along with Vanuatu’s infrastructure strategic investment plan and national energy road map.
Overview
Vanuatu has posted strong economic performance in recent years, driven primarily by tourism, construction, and aid inflows from development partners. However, key constraints to implementing assistance programs persist. These include the country’s remoteness, small market size, underdeveloped institutions, and limited absorptive capacity. The rural economy is primarily agrarian, with largely subsistence farming, aside from some copra, beef, cocoa, and kava produced for export.
The country operations business plan (COBP), 2017-2019 for Vanuatu is aligned with the government’s Priorities and Action Agenda, 2006-2015, infrastructure strategic investment plan, and national energy road map. ADB operations support energy, transport, water and other urban infrastructure and services, and public sector management.
Latest
New Septage Treatment Plant Improves Port Vila's Environment, Sanitation
A new and pioneering septage treatment facility was officially opened today by the Minister of Infrastructure Jotham Napat, Australian High Commissioner Jenny Da Rin, Port Vila Lord Mayor Ulrich Sumptoh, and ADB Director Emma Veve.
ADB Provides Additional Funds to Repair Roads Affected by Cyclone Pam
ADB's Board of Directors is providing $8.2 million in total additional financing to continue the reconstruction, rehabilitation, and climate-proofing of roads affected by Cyclone Pam.
Boosting Connectivity Will Strengthen Services, Lift Growth in Pacific — ADB
Enhanced connectivity through ICTs and transport infrastructure development are some of the efforts needed to increase economic opportunities, among others, says the latest issue of ADB's Pacific Economic Monitor.
Projects in Vanuatu
Proposed
No projects in this category were found.
Approved/Active
- Cyclone Pam Road Reconstruction Project Additional Financing
- Port Vila Urban Development Project (additional financing)
- Supporting the Vanuatu Project Management Unit and the Ministry of Infrastructure and Public Utilities
- Cyclone Pam Road Reconstruction Project
- Cyclone Pam School Reconstruction Project
Funding Information
Fast Facts
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12.7%
Population living below the national poverty line in Vanuatu (2010)
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2.4%
Average annual population growth rate in Vanuatu (2011-2016)
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0.28
Population in Vanuatu, in millions (2016)
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78
Maternal mortality ratio in Vanuatu, per 100,000 live births (2015)