By Radio New Zealand
June 2, 2017
Parts of Kiribati and the Federated States of Micronesia will soon have access to broadband internet thanks to $US36 million worth of grants approved by the World Bank this week.
The grants, including $US20 million for Kiribati and $US16.26 million for FSM, will finance the installation of a submarine cable system connecting Tarawa to Nauru, and Kosrae state to Pohnpei state.
The Asian Development Bank is preparing finance to support Nauru’s participation in the cable system.
The World Bank’s Pacific director Michel Kerf said the connections would play a crucial role in linking families, creating economic and employment opportunities, reducing transaction costs, providing options for remote education and healthcare, and boosting national and international co-ordination.