Project Description
IFC’s Solomon Islands, Vanuatu and Pacific Islands Tourism Project will support existing SMEs that are working to increase the value proposition of emerging destinations, target opportunities to scale and increase the economic contribution of tourism in these locations, and identify investment potential for public and private sector sponsors (at a local and regional level). A country-specific combination of SME development, market creation and investment pipeline activities will respond to the specific challenges and opportunities of each. IFC will provide support to both public and private sector entities, to help them understand new market opportunities available for tourism, the value of these opportunities, and how to actualize them in a cost-effective manner. The work is supported by Australia’s Department of Foreign Affairs and Trade (DFAT) and New Zealand’s Ministry of Foreign Affairs and Trade (MFAT).