The FINANCIAL — The Asian Development Bank welcomed the United States as the newest member of the Pacific Region Infrastructure Facility (PRIF) during a PRIF agency member leaders meeting.
The United States joins ADB; the governments of Australia, New Zealand, and Japan; the European Union; the European Investment Bank; and the World Bank Group in supporting the facility, which aims to improve infrastructure and services in the Pacific subregion.
The PRIF Coordination Office is based in ADB’s office in Sydney, Australia and is funded through grants from ADB and the governments of Australia and New Zealand.
Since 2008, PRIF partners have worked closely with Pacific governments to coordinate development partner assistance to improve the quality, reliability, and availability of critical infrastructure in both rural and urban areas to boost economic growth, create jobs, and provide access to public services.
The PRIF Coordination Office provides Pacific governments with comprehensive and coordinated support and technical advice on infrastructure development and investment and supports national development goals of Pacific nations by helping to ensure infrastructure investments are well-designed and managed.
The PRIF uses research, technical assistance, and advisory services to support 13 Pacific island countries to make improvements in energy; telecommunications; road, aviation, and maritime transport; urban development and waste management; and water and sanitation services.