about psdi
TRANSCRIPT
ADB’s vision: an Asia and Pacific free of poverty
Based in Manila, ADB is owned by 67 members, including 48 from the region. ADB’s main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.
Find out more:
Contact Andrea C. I�and, Regional Director
Pacific Liaison and Coordination O)ce, Asian Development Bank.
Level 20, 45 Clarence Street, Sydney, NSW 2000, Australia.
Tel +612 8270 9444 • Fax +612 8270 9445
Email:::: [email protected]
Visit us online: Visit us online: Visit us online: Visit us online: www.adbpsdi.org www.adb.org/plco/psdi
facebook.com/adbpsdi @ADB_Sydney_PSDI
Doing business in the Pacific is hard... ...due to outdated company laws, underdeveloped
financial markets, ine)cient state-owned
enterprises, inadequate competition, and barriers
that prevent women from participating fully in the
economy. PSDI helps governments and the pri-
vate sector overcome these challenges, setting
Pacific countries on the path to sustainable and
inclusive economic growth.
© Asian Development Bank Publica�on Stock No. ARM146552-2 June 2014
The Pacific Private Sector Development Initiative The Pacific Private Sector Development Initiative The Pacific Private Sector Development Initiative The Pacific Private Sector Development Initiative (PSDI) is a regional technical assistance facility cofinanced by the Asian Development Bank, Australian Aid, and the New Zealand Aid Programme.
Pacific Pacific Private Sector Private Sector Development Development
InitiativeInitiative
PSDI helps the private sector PSDI helps the private sector
to drive inclusive economic growth, to drive inclusive economic growth, create jobs, and lift create jobs, and lift
Pacific people out of poverty.Pacific people out of poverty.
Technology is a key driver of business
formation and economic growth.
PSDI has assisted six Pacific countries to install online
secured transactions registries, unlocking the value in
movable property. And in Samoa and Solomon Islands,
PSDI has helped to establish online company registries,
leveraging the digital revolution to make it easier to start
formal businesses.
When the Solomon Islands installed its “Company Haus”
online registry in 2010, it slashed the time it takes to
license a business from 45 days to 1.5 days resulting in a
doubling in the rate of business formation.
In Samoa, the rate of business registrations doubled after
launching its online companies registry in 2013.
Launched in 2007, PSDI has been
helping Pacific countries to…
• Develop better financial markets and services
• Modernize business laws
• Reform state-owned enterprises
• Encourage public–private partnerships
• Promote competition and protect consumers
• Advance economic empowerment of women
Connect with us online: Connect with us online: Connect with us online: Connect with us online: facebook.com/adbpsdi facebook.com/adbpsdi facebook.com/adbpsdi facebook.com/adbpsdi twitter.com/ADB_Sydney_PSDI www.adb.org/plco/psdi blog: www.adbpsdi.org [email protected] twitter.com/ADB_Sydney_PSDI www.adb.org/plco/psdi blog: www.adbpsdi.org [email protected] twitter.com/ADB_Sydney_PSDI www.adb.org/plco/psdi blog: www.adbpsdi.org [email protected] twitter.com/ADB_Sydney_PSDI www.adb.org/plco/psdi blog: www.adbpsdi.org [email protected]
PSDI works with:
• Cook Islands • Fiji • Kiribati • Marshall Islands • Federated States
of Micronesia • Nauru • Palau • Papua New Guinea • Samoa • Solomon Islands • Timor-Leste • Tonga • Tuvalu • Vanuatu
Operating out of ADB’s Sydney
o)ce, PSDI works with 14 Pacific
developing member countries.
PSDI experts conduct in-depth analysis
of the Pacific business environment.
We identify business constraints and opportunities
and publish independent country-level private sector
assessments. Our evidence-based approach feeds
into a policy dialogue with both government and
the private sector, resulting in policies targeted at
overcoming challenges and improving the business
climate to support inclusive economic growth.
Business Law Reform
Economic Empowerment of Women
Mobile Money
Access to
Finance
SOE/PPP Reform
Electronic Business Registries
ICT Drives Economic Growth