The Asian Development Bank (ADB) aims to support renewable energy, develop infrastructure and reduce poverty in Solomon Islands through a five-year Country Partnership Strategy that includes US$38 million in loan assistance.
10 May 2012: The Asian Development Bank (ADB) and Solomon Islands have agreed to a five-year Country Partnership Strategy that includes US$38 million in grant and concessional loan assistance and an annual US$1 million in technical assistance, the ADB has announced.The Partnership Strategy will promote inclusive growth in the country through improvements in transport, information and communications technology, renewable energy, and public sector management. The ADB aims to boost economic opportunities, connect communities and reduce poverty in Solomon Islands. [ADB Media Release]