Description
The Asian Development Bank (ADB) wanted to support the Pacific Region Infrastructure Facility (PRIF) - a multi-partner coordination and technical assistance facility for improved infrastructure in the Pacific - in conducting a midterm review of the Cook Islands National Infrastructure Investment Plan (NIIP) 2015, updating the NIIP to prioritize infrastructure investments; and preparing a funding strategy for the proposed priority investments.
Service Provided
DHInfrastructure reviewed the NIIP, country development strategy, investment programs, and policy and strategy documents to assess the implementation and performance of the NIIP. We analyzed the demand for infrastructure and related services, taking into consideration policies and sector plans in education, transport, renewable energy, solid waste management, water supply, and other infrastructure sectors; alignment with development partner strategies; and long-term expanded settlement and town planning. We also assessed economic recovery and job creation post COVID-19, resilience of infrastructure to climate change and natural disasters, and opportunities for climate finance and private sector investments. We assessed the amount of funding available for capital and recurrent costs related to the proposed priority investments and developed a funding strategy that would ensure financial sustainability.