Bilateral Relations » Japan's Economic Cooperation between Japan and Tuvalu » Past Assistance Projects to Tuvalu» General Grant Aid and Grant Aid for Fisheries » Press Release

Japan Provides Grant Assistance for Improvement of Funafuti Port

Embargo: Tuesday, 3rd July 2007, 10.00 a.m.

The Government of Japan will provide grant assistance in the amount of approximately JPY 932,000,000 (approx. US $ 8.0 million) to the Government of Tuvalu for improvement of Funafuti Port through its Official Development Assistance (ODA).

The ceremony will be held in Funafuti, at 10.00 am, on 3rd July 2007, whereby Hon. Taukelina Finikaso, Tuvalu’s Minister for Communication, Transport, Works and Energy, and H.E. Mr. Masashi Namekawa, the Ambassador of Japan, will sign and exchange notes formalising Japan’s commitment towards this assistance.

This grant assistance has materialised from the request by the Government of Tuvalu.  The main purpose of this assistance is to develop local economies of Tuvalu such as the fisheries sector through improvement of the distribution of goods and products in the country by constructing a new jetty to replace the old infrastructure. The new jetty will improve port facilities on land and procure loading and unloading equipment for secured, safe and efficient cargo handling activities at Funafuti port.

This grant assistance is an added milestone in Japan’s ongoing support and cooperation towards development in Tuvalu.

Bilateral Relations » Japan's Economic Cooperation between Japan and Tuvalu » Past Assistance Projects to Tuvalu» General Grant Aid and Grant Aid for Fisheries