AGP Executive Report
Last update: 6 hours agoForeign Investment Amendment Bill: Samoa’s Foreign Investment Amendment Bill 2026 cleared its second reading, tightening rules for foreign investors with new definitions, a registration certificate requirement, and added disclosure for beneficial owners and trust structures (including trustee updates within 14 working days), plus regulations for activities reserved for Samoans. World Bank Partnership: Deputy Prime Minister and Finance Minister Mulipola Anarosa Ale Molioo met World Bank Division Director Tatiana Proskuryakova’s delegation to review Samoa’s development priorities and World Bank project progress, including the Samoa Climate Resilient Transport Project aimed at strengthening road resilience and emergency response (closing March 31, 2027). Climate Risk: A new report warns El Niño is back and could be among the strongest since 1950, with major temperature and disruption risks across the Pacific and beyond. Digital & Skills (Regional): Eaton and Singapore Polytechnic signed an MoU to build skills for next-gen power infrastructure for AI-ready data centres, including 800VDC systems—useful context for Samoa’s future energy and engineering workforce planning. Food Systems (Regional): Fiji highlighted its heavy reliance on imported food and launched its Horizon 2030 food pathway to cut import dependence and boost local resilience.
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