PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602286

Primary Business Area

Other

Disclosure Date

Jun 6, 2018

Country

Solomon Islands

Region

East Asia and the Pacific

IFC Approval Date

Jul 18, 2017

Status

Completed

Estimated Total Budget

$2,860,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 8, 2022

Project Estimated Start Date

Jul 1, 2017

Project Estimated End Date

Jun 30, 2021

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).

Development Results

E&S Risks / Impacts and Mitigation