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Innovative Financing Mechanisms, such as small-scale offers regimes and investment-geared crowdfunding, can help bridge the financing gap for small and medium-sized enterprises (SMEs) in the Pacific region, says a new PSDI report.
PORT MORESBY, PAPUA NEW GUINEA (23 January 2024) — The Asian Development Bank (ADB) welcomes a new framework for public–private partnerships (PPPs) in Papua New Guinea (PNG) aimed at unlocking private investment and know-how, and allowing PNG to expand and improve infrastructure service delivery.
FDI can be a powerful driver of economic growth and human capital development. A strategic approach and targeted reforms can support Pacific countries to attract, retain, and assess FDI effectively, according to a comprehensive study of the FDI frameworks in five Pacific countries.
The passage of significant reforms in PNG will empower Kumul Consolidated Holdings to effectively monitor SOEs and promote better transparency and accountability, according to new ADB PSDI report Finding Balance 2023.
The Pacific region’s largest investment funds will establish minimum standards on gender-related data collection and reporting after an annual meeting of the Pacific Islands Investment Forum’s “Women in Super” working group.
The absence of a clear commercial focus and monitoring framework for Palau’s SOEs has complicated efforts to improve their financial performance, according to ADB PSDI's Finding Balance 2023 report.