high-speed internet

ADB signs submarine cable deal for Nauru

The agreements were signed by ADB Vice-President Stephen Groff, Finance and Finance Minister of Nauru David Adeang ahead of ADB’s 51st Annual Meeting in Manila, Philippines this week.

“The cable projects will boost the connectivity of these Pacific countries to the rest of the world,” said Mr. Groff. “Faster and more affordable internet will improve peoples’ access to economic and social development opportunities.”

ADB, World Bank support High-Speed Internet for Micronesia

This project will benefit around 75,000 people.

The assistance, comprised of a $21.6 million grant to Kiribati and a $15 million grant to Nauru, is part of the Improving Internet Connectivity for Micronesia Project supported by ADB. The project will help install a submarine cable connection between Kiritimati Island to a proposed transpacific cable system connecting Australia and Hawaii, while financing Nauru’s share of the East Micronesia Cable (EMC) System. The EMC system will be cofinanced by the World Bank and ADB.

Faster internet under proposal for Nauru

Through its ongoing partnership with the Asian Development Bank (ADB) and recent induction to the World Bank, Nauru intends to participate in this multi-million dollar project which will transform the nation, bringing an end to the overreliance on current, unreliable digital satellite systems.