Tonga
PSDI is supporting reforms that address private-sector challenges and help the Tongan economy fulfill its long-term growth potential.
PSDI is working with the Government of Tonga to:
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Strengthen the governance and operations of Tonga’s public- and private-sector retirement funds.
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Simplify and modernize business and investment laws, including foreign investment laws, and streamline business registration processes.
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Improve the performance of state-owned enterprises (SOEs) and assess public-private partnership (PPP) and privatization opportunities.
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Support strong competition and consumer protection legislation and policy development, including the establishment of a multi-sector regulator.
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Analyze and work to remove constraints to women’s full economic participation.
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Support resilience in the tourism sector.
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Support reforms through advocacy and analytical work.
For detailed information on PSDI activities in Tonga, download the 2024 PSDI Country Overview here.
Tonga at a glance
Simplified and modernized business laws
Secured transactions framework
12,500 securities registered
South Pacific's largest solar plant
Ports public-private partnership.
Supporting women business owners
Supporting gender mainstreaming in tourism
Latest News
PSDI is supporting Tonga to improve competition and consumer protection, facilitate foreign investment, and simplify business registration processes.
PSDI attended the Tonga National Business Conference last week to present and discuss research findings on women’s role in Tonga's private sector.
Tonga now has an upgraded online business, foreign investment, and personal property securities registry, developed by the Ministry of Trade and Economic Development, with the support of the Asian Development Bank's Pacific Private Sector Development Initiative.
PSDI and MTED held consultations in Vava'u, Tonga in September 2024 to discuss strengthening Tonga's consumer protection framework.
Renewable energy can bring cost savings for Pacific utilities, but achieving these benefits requires strategic planning, careful integration of storage systems, and appropriate regulatory frameworks, according to PSDI SOE/PPP Expert, Laure Darcy, speaking at the Pacific Power Association Conference.
PSDI has been working with the Ports Authority of Tonga since 2018 to improve port operations and increase private sector participation, culminating in a public– private partnership that is making the port’s cargo handling more transparent and efficient.
Key Publications
