13 Feb 2013

US$40m urban development project launched for Vanuatu capital

4:28 pm on 13 February 2013

A huge redevelopment of Port Vila has been launched by the Vanuatu Prime Minister Sato Kilman, Australia's Foreign Minister, Bob Carr, and the Director General of the Asian Development Bank's Pacific Department, Xianbin Yao.

The Port Vila Urban Development Project is worth 40 million US dollars.

The Australian Government is providing about half the money with the balance from the ADB in the form of a soft loan.

The project involves the modernisation of the sewerage system and the redevelopment of Port Vila Wharf to cater for the increasing number of visiting cruise ships.