AGP Executive Report
Last update: 3 hours agoForeign Investment Amendment Bill: Samoa’s Foreign Investment Amendment Bill 2026 cleared its second reading, proposing tighter rules for foreign investors, including registration certificates, disclosure of beneficial owners, and extra reporting for investments held through trusts (with trustees required to notify material changes within 14 working days). Development Finance & Jobs: Deputy Prime Minister/Finance Minister Mulipola Anarosa Ale Molioo met a World Bank delegation to discuss Samoa’s development priorities, progress on current projects, and the draft Samoa Country Growth and Jobs Report, with consultations involving business and civil society groups. Climate-Resilient Transport: The World Bank talks also highlighted the Samoa Climate Resilient Transport Project, aimed at strengthening the road network’s resilience and improving emergency response, with a stated closing date of 31 March 2027. Regional Business Links: Samoa’s wider Pacific context includes the Maldives hosting major SIDS business and investment forums (Aug 23–25) with 200+ participants from 30+ countries, continuing the SIDS business network tradition that traces back to Samoa in 2014. Skills for Industry: Eaton and Singapore Polytechnic signed an MoU to build next-generation power infrastructure training, including 800VDC systems—relevant to future energy and engineering capacity across the region.
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