Development assistance in the Pacific
Pacific Regional—Australian Infrastructure Financing Facility for the Pacific
The Australian Infrastructure Financing Facility for the Pacific
On 1 July 2019, the Minister for Foreign Affairs and Minister for Women, Senator the Hon Marise Payne and the Minister for Trade, Tourism and Investment, Senator the Hon Simon Birmingham announced the new Australian Infrastructure Financing Facility for the Pacific (AIFFP) operational.
The Facility is housed within the Office of the Pacific within the Department of Foreign Affairs and Trade.
This $2 billion infrastructure initiative is actively engaging with countries in the region to significantly boost Australia's support for infrastructure development in Pacific countries and Timor‑Leste. The Facility uses grant funding combined with loans to support the development of high priority, quality infrastructure.
The Pacific region is estimated to need US$3.1 billion in investment per year to 2030. As a partner and friend, Australia has a long track record of supporting critical infrastructure in the Pacific region. For many years, the Australian aid program has worked to build the capacity of Pacific governments to construct and maintain critical infrastructure.
To learn about how the AIFFFP operates, our principles and policies visit Australian Infrastructure Financing Facility for the Pacific
The Australian government continues to work with our Pacific partners to identify projects that support transformative and sustainable economic growth.
The AIFFP invests in high priority infrastructure across the Pacific, including in areas such as telecommunications, energy, transport, water and other essential infrastructure. Here is a list of AIFFP Investments
The AIFFP looks for opportunities to work with bilateral and multilateral partners and the private sector.
Australia is engaging closely with governments across the Pacific, including through our diplomatic missions, to ensure the AIFFP supports the development priorities of Pacific countries.
For further information, please contact the AIFFP team email@example.com