Vanuatu and ADB
In the Spotlight
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Our Work in the Pacific
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
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Encourage Private Sector Development to Boost Growth in Vanuatu — ADB
Efforts to support private sector development should be stepped up to boost Vanuatu’s economy, with growth expected to moderate to 3.2% in 2018 and 3.0% in 2019, says a new ADB report.
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Pacific Transport Update 2017
This document provides an overview of ADB’s transport projects in the Pacific region. It highlights the impacts and outcomes of initiatives completed in 2016 and active in 2017.
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Climate Change Could Derail Economic Progress in the Pacific — ADB
Countries in the Pacific should step up their efforts to adapt to more extreme weather conditions and mitigate disaster risks to improve the region’s economic growth prospects, according to ADB's latest Pacific Economic Monitor.
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
For almost half a century, the Asian Development Bank (ADB) has been partnering with Pacific developing countries to help them grow and prosper.
Our Work in the Pacific
28th Pacific Developing Member Countries Governors and ADB Management Meeting - Takehiko Nakao
Remarks by ADB President Takehiko Nakao at the 28th Pacific Developing Member Countries Governors and ADB Management Meeting on 2 May 2018 in Manila, Philippines
ADB Signs Agreements to Help Kiribati, Nauru Access High-Speed Internet
ADB today signed agreements to help deliver high-speed internet to Kiribati and Nauru through a submarine cable project.
Projects in Vanuatu
Proposed
No projects in this category were found.
Approved/Active