EIB to deepen Pacific footprint

Pacific investment
EIB opening.

The newly opened European Investment Bank office in Suva will build on pipeline projects, including a planned hydropower plant in Fiji, a major water and sanitation project in Timor-Leste, rehabilitation and greening of port infrastructure in Papua New Guinea, and a multipurpose port in Kiribati.

Fiji’s Deputy Prime Minister and Minister for Finance, Biman Prasad told Islands Business that the setting up of the EIB office sends a strong message to the private sector about the commitment of the Fiji government and its development partners to develop and improve infrastructure.

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