Infrastructure is a critical driver of economic growth and stability in the Pacific region.
It enables the movement of people and goods, and provides access to local and global markets, as well as health, education, water, energy and communications services.
Without adequate infrastructure, countries are unable to fulfil their economic potential and benefits of growth are not spread to poorer and more remote areas.
AIFFP Design Document
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The stability and economic progress of Pacific island countries and Timor-Leste is fundamental to Australia.
The 2017 Foreign Policy White Paper notes the ‘massive and wide-ranging’ infrastructure needs of our region. Australia has an interest in this infrastructure being developed responsibly in line with agreed international principles, consistent with robust social and environmental safeguards and maximising development impact.
Contributing to Australia’s International Development Policy
Australia’s international development policy sets the long-term direction for Australia's development program.
The policy is centred on listening, respect and genuine partnership. It is guiding how Australia's development program supports a peaceful, stable, and prosperous future for Australia and our region – ensuring it is fit for complex times.
The AIFFP forms an important part of Australia’s international development policy by financing high-quality, sustainable infrastructure projects that support economic growth and local content and employment.
Objectives
The AIFFP’s overarching objective is to partner with the Pacific and Timor-Leste to finance and deliver strategic infrastructure that drives economic and social development in their communities. These efforts will support Australian and regional shared national interests by contributing to a peaceful, stable, and prosperous Pacific region. The AIFFP has two high-level outcomes which together contribute to this objective.
- Pacific and Timor-Leste partners and people increasingly have access to sustainable quality infrastructure assets financed by the AIFFP in priority sectors.
- The AIFFP and Pacific and Timor-Leste partners optimise local content and equity benefits, and mitigate the risks associated with infrastructure development for local communities.
For information on monitoring and evaluation against these objectives, see further information here.