Find Economic Development expertise in Vanuatu

The Vanuatu Investment Promotion Authority (VIPA) was established in the late 1990s to encourage foreign investment with an open and transparent investment environment, with an emphasis on the tourism industry. The Vanuatu Commodities Marketing Board regulates the cocoa, copra and kava industries, setting commodity prices, issuing licenses and works with investors to develop industries based on Vanuatu’s natural commodities. The Department of Co-operatives and Ni-Vanuatu Business Development Services (DCNVBDS) provides training and management consultation for small businesses and manages a small-loan scheme for local businesses. Other key economic development agencies include the Biodiversity Advisory Council which promotes regulated and licensed bioprospecting for new investment, the Metenesel Cocoa Estates Limited (MEL) on the island of Malekula which is a government-owned company that focuses on cocoa production but is diversifying to include other crops and livestock, and the Enterprise Challenge Fund (ECF), sponsored by AusAID, which provides funding for commercialising business projects in Vanuatu.

Economic Development Agencies organisations in Vanuatu
Vanuatu Investment Promotion Agency