Kiribati, an island republic in the Central Pacific, has recorded 2.9% economic growth between 2011 and 2015 – thanks to continued finance by development partners. New projects include roads, airports, solid waste management and sanitation.
According to the Asian Development Outlook 2017, growth will be even bigger in 2018. This is spurred by Solomon Airlines launching a new route in between Kiribati’s capital Tarawa and Brisbane (via Honiara in Solomon Islands).
Two additional major projects include a $50 million water supply project in South Tarawa and a further $30 million will be injected into developing roads, marine landings and airfields on surrounding islands. Read More