Region’s development potential huge, Kerf says

Business

MICHAEL Kerf, the new World Bank country director for Papua New Guinea, Timor-Leste and the Pacific Islands, says potential for the region is huge for development and economic growth.
Kerf will oversee the World Bank’s regional portfolio of 55 projects across 13 countries worth more than US$1 billion (K3 billion), supporting Pacific island governments in sectors such as information, communications and technology, climate change adaptation and disaster risk reduction, fisheries, aviation, education, health and infrastructure.
“The coming years are set to be an extraordinary time in the Pacific region,” Kerf said.
“The Pacific Islands, PNG and Timor-Leste all have huge opportunities for transformation development – opportunities we are now exploring through our future-focused report series Pacific Possible.” Kerk, who took up his role on September 1, brings more than 22 years of World Bank experience to the role, including four years in the Pacific where he was most recently Transport Practice Manager for East Asia and Pacific Region.
Kerf had been actively involved in transport and infrastructure projects in the region, including road rehabilitations in Fiji, Kiribati,
PNG and Samoa, and aviation works in Kiribati, Samoa, Tonga and Tuvalu.
Kerf has held the roles of sector manager sustainable development for PNG, Timor-Leste and the Pacific Islands.

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