Improving infrastructure services in Pacific Island Countries
The Pacific Region Infrastructure Facility (PRIF) is a multi-partner investment coordination and technical facility that builds on the successful activities of six donor partners in the Pacific. The initiative encourages a coordinated approach to infrastructure planning and development through harmonised support and improved project prioritisation. Read more...
European Investment Bank Pacific Office in Sydney
The European Investment Bank (EIB) is pleased to announce the nomination of Mr Adam Bruun as the new Head of Regional Office for the Pacific Region (pictured with Ms Katrin Bock, EIB Business Analyst), both based in EIB’s Sydney office. Adam, who replaced Jean-Philippe de Jong, comes from a position with the Asian Development Bank in Manila, where he worked in the Private Sector Operations Department covering the Pacific, Central Asia, and Thailand. Adam has over 20 years of experience in finance and development and was previously employed by the EIB in various capacities including project finance in the ACP countries, structured finance in the Nordic countries, and lending operations in the Balkans. Adam is looking forward to working with EIBs development partners in addressing the development challenges in the Pacific island states, including the EUs Overseas Countries and Territories.
The EIB was set up in 1958 as the long-term lending Bank of the European Union. In line with priorities set by the Cotonou mandate and in close cooperation with the European Commission, financing of private sector and infrastructure projects, with a special focus on environmental projects, will remain center stage in future EIB activities. The EIB is committed to close coordination and cooperation with the partners of the multi-partner infrastructure coordination and financing mechanism of the Pacific Region Infrastructure Facility (PRIF) in order to provide effective and facilitated delivery and financing of infrastructure to the Pacific Islands countries.
PRIF Director Sanjivi Rajasingham
PRIF Members welcome Sanjivi Rajasingham, who succeeds John Austin as the Director of the PRIF Coordination Office. Sanjivi, a UK citizen, educated in India and the USA, has spent much of his career with the World Bank as a Project Finance Specialist. With extensive experience in structuring complex infrastructure and transportation projects involving multiple financing partners, he brings to PRIF a thorough understanding of international donor relations, innovative financing mechanisms, strong leadership qualities and a track record of building strategic relationships with key stakeholders. Read More..
Japan latest development partner to join PRIF membership
The Japan International Cooperation Agency (JICA) has joined the Asian Development Bank (ADB), Australia and New Zealand governments, World Bank Group, European Commission, and European Investment Bank in supporting the Pacific Region Infrastructure Facility (PRIF), which aims to improve infrastructure and services in the Pacific region. At a high level meeting in Sydney on 25 November 2013, Mr Takashi Toyama, Director of JICA’s Southeast Asia and Pacific Department, endorsed the PRIF Charter, which outlines principles and the partners’ commitment to increasing the quality and effectiveness of infrastructure assistance in the region.
Tonga launched its second NIIP, sets new course on major infrastucture investment
NUKU’ALOFA, TONGA, (9 September, 2013) –The Government of Tonga has released its second National Infrastructure Investment Plan (NIIP). “This plan sets out our country’s future infrastructure needs and is the roadmap we will use with our development partners to meet the Tongan people’s future development needs,” said The Hon. Samiu K. Vaipulu, Acting Prime Minister and Minister for Infrastructure, at the official launch of the plan in a ceremony in the capital Nuku’alofa. The 2013 report builds on the success of the first NIIP that was developed in 2010, which has contributed to a peak in infrastructure investments in Tonga during the past three years with an estimated value of some T$300 million. It outlines major initiatives in economic infrastructure (energy, transport, water, telecommunications and solid waste management) over the next five to ten years.
The 2013 NIIP also continues the focus on sustainable investments and improved asset management, and includes a funding strategy for the “whole of life costs” of the proposed investments and a special section on resilience against climate change and natural disasters. The priority investments are complemented by a range of measures to improve institutional and regulatory environments that support infrastructure investment.
The 2013 NIIP was prepared by the Government of Tonga with technical support from the Pacific Region Infrastructure Facility (PRIF).
An executive summary and the full report are available for download here.
OTHER RECENT REPORTS
It is estimated that assistance from PRIF development partners alone will lead to approximately $1.7 billion of investment in core economic infrastructure between 2008-09 and 2016-17. Effective asset management is necessary for economic benefits of new infrastructure investments to be maximised.
The Infrastructure Maintenance in the Pacific report investigates maintenance practices in core economic infrastructure sectors, focuses on the main challenges and best asset management practices in Pacific Island Countries (PICs), and explores the impact of assistance from PRIF development partners on infrastructure maintenance.
The full report is available for download:
The current PRIF Partner countries are: Cooks Islands, Federated States of Micronesia, Kiribati, Nauru, Niue, Palau, Republic of the Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu