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Focus on agriculture, not planes: IFC tells Samoa
The World Bank’s private sector arm has pointed Samoa toward agricultural supply chains, including copra, coconuts, and poultry supply as a more relevant investment pathway after issuing a “frank” warning about the financial risks of Pacific Island airline ownership. The advice came during a meet...
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Timeline cronologica
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ADB warns Samoa airline plan could be “financially devastating”
A fact-finding mission by a Samoan delegation exploring the government’s proposed national airline was met with what has been described as a “direct” warning from the Asian…
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Focus on agriculture, not planes: IFC tells Samoa
The World Bank’s private sector arm has pointed Samoa toward agricultural supply chains, including copra, coconuts, and poultry supply as a more relevant investment pathway after…
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Govt committed to airline relaunch despite warnings
Despite “frank” and “direct” warnings from the World Bank arm, the International Finance Corporation (IFC), and the Asian Development Bank (ADB), the Government of Samoa said…