ADB Joins Fiji Government in Landmark Waste Management Project
Deal News | Feb 05, 2025 | Asian Development Bank
The Asian Development Bank (ADB) has entered into a Transaction Advisory Services Agreement with Fiji's Ministry of Local Government (MLG) to tackle the country's urban waste management challenges. The agreement, which falls under a public-private partnership (PPP) framework, focuses on developing a sanitary landfill and revamping four open dumpsites in Fiji's Western District. The initiative aims to merge innovative waste solutions with necessary public health and environmental protections. Key stakeholders, including the Permanent Secretary for the Ministry of Local Government, Seema Sharma, and ADB's Cleo Kawawaki, formalized the agreement. ADB's commitment underscores its wider mission to enhance sustainable and inclusive development in Asia and the Pacific region.
Sectors
- Environmental Services
- Public-Private Partnerships
- Infrastructure Development
Geography
- Fiji – The country where the project is set to take place, specifically within the Western District.
- Asia and Pacific Region – ADB operates within this region, emphasizing its focus on sustainable development and poverty alleviation across Asia and the Pacific.
Industry
- Environmental Services – This industry focuses on solutions for environmental management, including waste handling and sustainable practices. The project directly deals with urban waste management, making this classification relevant.
- Public-Private Partnerships – The article details a collaborative agreement between a public body and a private entity, signifying involvement in the development and management of public assets or services.
- Infrastructure Development – The initiative involves constructing infrastructure facilities, such as a sanitary landfill, aimed at improving urban waste management systems.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Asian Development Bank (ADB) | PE Firm/Advisor | Company | An international financial institution that provides loans and grants for development projects in Asia and the Pacific. |
| Fiji's Ministry of Local Government (MLG) | Target Company | Government | The government entity responsible for local governance in Fiji, acting as the implementing body for the waste management project. |
| Cleo Kawawaki | Head of ADB's Office of Markets Development and Public-Private Partnerships | Person | ADB official involved in the formal signing of the agreement. |
| Seema Sharma | Permanent Secretary for the Ministry of Local Government | Person | Government official representing the Ministry of Local Government in Fiji for the project. |
| Aaron Batten | Regional Director of ADB's Pacific Subregional Office | Person | ADB official commenting on the significance of the project. |
| Sivendra Michael | Permanent Secretary for the Ministry of Environment and Climate Change | Person | Government official involved with the project's environmental and climate change aspects. |