by Richard Butler | 29 May 2014 | Invest
10 reasons to get excited about Efate, Vanuatu
15 May, 2014 Anne Majumdar
Hungry for adventure
Efate’s mix of mountains and coastline offers a varied and vast range of activities for adventurous types in Vanuatu.
Just 15-minutes outside Port Vila, visitors can climb the spectacular Mele Cascades with Evergreen Tours or instead abseil down the waterfall’s 35 metre face with Edge Vanuatu.
Not high enough? Then tackle the six ziplines and two suspension bridges hanging 80 Read more [...]
by Richard Butler | 10 May 2014 | Invest
Japan launches US$50m Vanuatu wharf project
The Japanese government has launched a 50 million US dollars project to expand Lapetasi Wharf in Vanuatu to improve the archipelago’s international shipping capabilities.
The president of Japan International Cooperation Agency, Akihiko Takana, says Vanuatu depends on maritime transport to sustain its economy.
Dr Takana says because the volume of international cargoes is increasing, Vanuatu urgently needs to improve its handling Read more [...]
by Richard Butler | 08 May 2014 | Invest
Vanuatu has a new Fiber Backbone
Sydney, Australia, May 7th, 2014 - SpeedCast, a leading global satellite telecommunications service provider, today announced a further extension of its TIER 1 IP Backbone into Vanuatu. SpeedCast acquired significant fiber capacity on the new ICL-1 submarine cable, which will enable local service providers to supply high-speed connectivity across the island. This comes as the Pacific Island market is increasingly moving to fiber connectivity as demand grows Read more [...]
by Richard Butler | 01 May 2014 | Invest
Vanuatu ’s Tourism efforts back on track with national road shows
Vanuatu Tourism Office claims to be unfazed by the recently ramped up marketing efforts of rival Tourism Fiji, promising a revitalised push of its own.
In Sydney for Vanuatu’s national roadshow series, VTO general manager Linda Kalpoi told Travel Today that although Fiji is Vanuatu’s main competitor, it is a “very different animal”.
“We’re not comparing apples and apples here,” she said. “We know that Read more [...]
by Richard Butler | 26 Apr 2014 | Invest
Vanuatu borrowing from China to build roads
Updated at 1:02 pm on 24 April 2014
Vanuatu is to borrow 53 million US dollars from China to pay for road construction.
The Minister of Finance, Maki Simelum, signed an agreement earlier this week with the EXIM Bank of China. The loan is over 20 years, with a two percent interest rate and a seven-year grace period before payments start. Mr Simelum says it will be used to develop roads and put in bridges on Tanna and Malekula.
“As Read more [...]