1. Pacific Regionalism and Stronger Regional Institutions: Paving Opportunities for ADFIP
Presentation by the Pacific Islands Private Sector Organization (PIPSO) at the 30th ADFIP Annual General Meeting at Sofitel, Nadi, Fiji

2. About PIPSO…….
Pacific region private sector organization whose members comprises of national private sector organizations, chamber of commerce and industry and/or business councils
Membership includes 17 Pacific Islands which includes American Samoa, New Caledonia and French Polynesia
Established in 2005 – Forum Economic Ministers decision ; operational in 2007
Core functions include
-Supporting NPSOs to be strong and responsive organisations
- Assisting Pacific businesses to enhance their business competitiveness and growth
- Championing the interests of private sector in the appropriate fora’s
Ensuring the sustainability of PIPSO’s resources and enhancing its capabilities
Since 2010 – disseminate more than FJD 7M in assistance to PS

3. Pacific Regionalism and Stronger Regional Institutions
Opportunities for ADFIP
Building a Strong Association
Membership – Extend coverage to include other financial institutions
Benefits to Members
Consultation – national, regional, international
Research and Market Intelligences
Data
Voice of the Financial Institutions in the Pacific
Facilitation
Regional Policy

4. Pacific Regionalism and Stronger Regional Institutions
Opportunities for ADFIP
Lead New Developments in the Economy
Initiate new development ideas to tackle challenges in the Pacific
Initiate, Facilitate & Collaborate
Work is more than just giving out loans
Example African Development Bank
Tackling Youth Unemployment
Create 50 Million Jobs
Use an ecosystem approach (integration, innovation & investment)
Agriculture, Industrialization & ICT
Capital, training & mentoringship, incubators, connection with employers, digital literacy, complex problem-solving curricula in secondary schools
develop premier coding academies and match graduates directly with ICT employers

5. Pacific Regionalism and Stronger Regional Institutions
Opportunities for ADFIP
Development of MSMEs
Important for the Pacific
Need for innovative ways to development the sector
Need for an ecosystem development approach
MSMEs skill and entrepreneurship development:
MSMEs Competitiveness
Technology development and Transfer
Marketing assistance and market information
Business financing
Small Industrial Development Bank of India (SIDBI) catalyzes MSME start-ups in India
set-up an online platform (stakeholders connection, incubators, mentors, angel networks, venture capital, financing options and training)
Setting fund for fund start-ups

6. Pacific Regionalism and Stronger Regional Institutions
Opportunities for ADFIP
ICT Developments
Huge Potential in using ICT Tools
Use of mobile applications & drones

7. Pacific Regionalism and Stronger Regional Institutions
Opportunities for ADFIP
Intra ACP Funding EU ACP Private Sector Development Strategy
Programme Title
Indicative Budget
Improve the business environment and the development of regional value chains
Euro 130M
Increase financial inclusion
Euro 50M
Strengthen Access to financing MSMEs
Euro 400M
Development of Knowledge Management
Euro20M
TOTAL
Euro 600M

8. Pacific Regionalism and Stronger Regional Institutions
Role ADFIP can play……
Coordination – with PIPSO , PIFSP Secretariat
Facilitation – facilitate the work with its members
Building Networks – increase membership of Pacific Financial Institutions
Spearhead the developments to prepare DFIP to receive the funding

9. Thank You