National transport fund lifeline for development: Fuo’o

Date:

BY NED GAGAHE

Minister for Infrastructure Development Ricky Fuo’o has welcomed a major boost of SBD60 million from Australian Government towards the National Transport Fund (NTF), describing it as critical support for Solomon Islands’ infrastructure sector.

Speaking at the official handover ceremony last week, he said the funding arrives at a vital time as the country faces mounting economic pressures and the increasing impact of climate change on infrastructure.

“This fund will support the lifeblood of our infrastructure sector. At a time when government budgets are stretched, when climate shocks increase infrastructure wear, and when economic pressure is high — this funding from Australia is a lifeline,” said Fuo’o.

He said the NTF continues to serve as a trusted platform where government and development partners pool resources to support vital road rehabilitation and bridge construction projects across the country.

“This support allows us to address urgent road repairs, enables us to meet our Pacific Islands Forum hosting responsibilities and helps us to plan and deliver in a coordinated and accountable way,” the Minister added.

He also stressed that the funding directly aligns with the GNUT government’s commitment to boost economic development through improved infrastructure and connectivity.

“It will boost commerce, connect rural communities and improve access to basic services,” he said.

Importantly, Minister Fuo’o confirmed that the new funding will go directly to local companies tasked with delivering projects identified as national priorities.

“I am extremely proud to announce that this funding will be directed to local companies delivering on Solomon Islands-identified priorities,” he said.

The National Transport Fund, established to improve infrastructure across the country, remains a key driver of national development.

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