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Palau's economy expanded strongly, with real gross domestic product (GDP) rising 5.3% in 2014 and 8.2% in 2015. Per capita GDP also increased; at the end of fiscal year 2015 it was in excess of $16,000---the highest among Asian Development Bank developing members in the Pacific. This strong performance, however, masks urgent issues threatening the sustainability of Palau's economy. This private sector assessment is based on in-depth consultation with...
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This private sector assessment reviews Fiji's private sector environment in 2006-2012, against recommendations made in the Asian Development Bank (ADB) publication "2005 Promise Unfulfilled: Private Sector Assessment for Fiji". While Fiji has made considerable reform progress in a number of areas (including tax reforms, encouraging telecommunications competition, and reducing barriers to foreign investment), it still faces considerable challenges...
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This sector assessment, strategy, and road map highlights the Government of Viet Nam's plans and strategies for addressing priority needs for the financial sector and identifies possible preliminary areas of international assistance. It assesses key sector development needs by analyzing strengths, constraints and weaknesses, various risks, potential threats, as well as opportunities. This knowledge product serves as a basis for further dialogue on...
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Cambodia's transport sector plays a critical role in the country's economic development by supporting growth in key sectors such as agriculture, tourism, manufacturing, and construction. This publication examines Cambodia's transport sector performance, major development constraints, and the government's strategy and plans. It also reflects on lessons learned from past Asian Development Bank (ADB) assistance and identifies potential areas for future...
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This report critically analyzes the complex environment for private sector development in Papua New Guinea, showing the country's potential to capitalize on its vast wealth well into the coming decades. However, to ensure sustainable and inclusive growth, Papua New Guinea needs ongoing reform so that the benefits of future resource exports benefit the entire economy. This report was produced by the Pacific Private Sector Development Initiative, a...
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The Cook Islands is among the best performing Pacific island economies, with many structures in place that support private sector investment, including an internationally competitive tax regime, an open trade regime, and good standards of education and health care. Future prospects are positive due to the growing tourism sector, and potential resource revenues from seabed minerals prospecting activities are another favorable development. The Government...
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This study provides an overview of the water security situation in the People's Republic of China. It assesses the policy and institutional requirements for addressing issues and recommends strategic areas for strengthening and reform. The five dimensions of water security covered in the research are domestic water security, economic production water security, environmental water security, ecological water security, and resilience to water-related...
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A business environment that supports private sector-led growth is the key to long-term sustainable poverty reduction. This has been recognized by successive Solomon Islands' governments who have implemented fundamental reforms that have modernized the environment for doing business in the country with some far-reaching reforms. This private sector assessment (PSA) analyzes the reforms to date and suggests further policy actions and priorities in the...
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This publication details the rapid assessment of the urban sector in Georgia to understand key urbanization trends and patterns of growth and to analyze challenges and opportunities. It gives a snapshot of the state of urban affairs at the national level with an urbanization profile, governance and urban management profile, capacity needs assessment, urban finance matrix, and a "3E" assessment covering economic, environmental, and social equity profiles....
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This publication explains the evaluation and strategic investment priorities of the Government of the Lao People's Democratic Republic and the Asian Development Bank (ADB) in the agriculture, natural resources, and rural development sector. It highlights sector performance, priority development constraints, government plans and strategy, other development partner support, and ADB's past experience and future sector strategy. The country partnership...
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This publication provides an overview of key development successes and constraints in Indonesia's energy sector. It reviews the support extended by the Asian Development Bank (ADB) and other development partners together with an update on the government's energy plans and strategies. In line with ADB's 2020—2024 country partnership strategy for Indonesia, an outline of strategic initiatives and background information for energy investments and technical...
12) Tourism Sector Assessment, Strategy, and Road Map for Cambodia, Lao People's Democratic Republic
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This report documents tourism sector investment priorities of the Asian Development Bank (ADB) and the governments of Cambodia, the Lao People's Democratic Republic, Myanmar, and Viet Nam. It highlights sector performance, priority development constraints, government plans and strategies, past ADB support and experience, and other development partner support. The report provides sector background information for ADB's investment and technical assistance...
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This publication helps guide investment planning and financing across key urban infrastructure sectors of Azerbaijan to improve the performance of cities with a focus on economy, equity, and environment. The National Urban Assessment for Azerbaijan is among a series prepared by the Asian Development Bank for selected developing countries under its Urban Operational Plan 2012–2020.
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