Samoa

In Samoa, PSDI is supporting reform initiatives that make the country an increasingly enabling place to do business and an attractive place to invest.

PSDI is working with the Government of Samoa to:

  • Increase access to finance through secured transaction reform and the procurement, design, and implementation of an accompanying online registry;

  • Support the commercial strengthening of the government-owned Development Bank of Samoa;

  • Simplify business laws and registration processes, including providing support for an update of Samoa’s Companies Act Regulations, and assisting with the procurement and installation of a new electronic registry. PSDI has also commenced implementation of a business law simplification package;

  • Strengthen competition and consumer protection by reviewing Samoa’s competition and consumer protection policy and law needs;

  • Strengthen state-owned enterprise policy, performance, governance and transparency; and

  • Support reform through advocacy and analysis, including a private sector assessment published in October 2015.

Resources and Spending

Each PSDI work area, bar economic empowerment of women, is represented in the allocations of the $2.83 million spent in Samoa to date, indicative of the wide range of reforms the country has pursued to improve its business environment. Financing growth initiatives have received 29% of this funding, enabling the procurement of a personal property securities registry. Business law reform has received the second most funding, with the $641,741 allocated going towards creation of an online companies registry and recent evaluations of the company law and registry expansion opportunities. 

Samoa2007 2019 web2

On this website, $ refers to US dollars unless otherwise stated.

Samoa at a glance

Faster business registrations

The time needed to register a new company fell from 21 days to 1.5 days following PSDI-supported reform and the implementation of an online registry

38% average increase

in new company registrations per year since PSDI supported the implementation of an electronic registry in 2013.

Private sector assessment

Reform Renewed: A Private Sector Assessment for Samoa was published in October 2015.

Secured transaction reform

Samoa’s Personal Property Securities Bill was enacted in February 2013, and amended in 2015, with an accompanying online registry launched in February 2017.
Latest News
27 February 2017
Secured Transactions Registry Launched in Samoa

Lending institutions in Samoa will be able to provide credit to more businesses following the launch of an online registry that makes it easier to accept movable property — such as machinery, accounts receivable, or inventory — as collateral.

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27 February 2017
Online Registry Makes Lending Against Movable Property Easier in Samoa

APIA, SAMOA (27 February 2017) — Lending institutions in Samoa will be able to provide credit to more businesses following the launch of an online registry that makes it easier to accept movable property — such as machinery, accounts receivable, or inventory — as collateral.

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27 November 2016
Win-Win-Win for Samoa SOE reform

Reforms to state owned enterprises (SOEs) can unleash productivity and efficiencies in an economy. However, such reforms can bring pain and controversy—so-called “adjustment costs”.

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3 November 2016
PSDI Case Study: How Engaging the Private Sector Invigorated Samoa’s Construction Industry

A new PSDI case study examines Samoa’s success in contracting out its road building and maintenance work. In 2002, Samoa’s Public Works Department was radically restructured, changing from a public construction agency to a contract manager with private sector. As Creating Jobs in Samoa through Public-Private Partnerships identifies, the results of this reform have been dramatic. They include: • the development of a dynamic and competitive construction industry; • the creation of more than...

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29 January 2016
Enhancing Competition and Consumer Protection in Samoa

When shopping for fresh produce at Apia’s fish or fruit markets, the new competition act will help consumers get quality produce at a fair price. Samoa is set to become a fairer and safer place to do business and to purchase goods and services after the government passed the Competition and Consumer Act 2016 in January. “An effective competition framework with appropriate protections for consumers sets the stage for sustainable growth and...

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16 October 2015
PSDI Publishes Private Sector Assessment for Samoa

PSDI's Samoa private sector assessment, Reform Renewed, has been launched in Apia.  The report looks at constraints to investment and entrepreneurship. It recommends reforms that will benefit the private sector by improving productivity, through which it projects a return for Samoa to sustained high rates of economic growth.  “ADB, through its Pacific Private Sector Development Initiative in particular, has recently partnered with the Government of Samoa on a number of reforms, including secured transactions, electronic...

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Key Publications
PSDI Annual Progress Report 2018–2019
PSDI Annual Progress Report 2018–2019
This report gives an overview of PSDI activities from July 2018 to June 2019.
Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific
Finding Balance 2019: Benchmarking the Performance of State-...
This report profiles the roles, performance, market context, and regulatory frameworks of 13 state-owned banks in 10 Pacific countries.
Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific
Finding Balance 2019: Benchmarking the Performance of State-...
This report profiles the roles, performance, market context, and regulatory frameworks of 13 state-owned banks in 10 Pacific countries.
PSDI Annual Progress Report 2017–2018
PSDI Annual Progress Report 2017–2018
This report gives an overview of PSDI activities from June 2017 to June 2018.
Women and Business in the Pacific
Women and Business in the Pacific
This book provides a comprehensive analysis of the context in which Pacific women engage in the private sector, and strategies to increase their participation in business.
Tourism as a Driver of Growth in the Pacific
Tourism as a Driver of Growth in the Pacific
Tourism in the Pacific is increasing and will be a key driver of economic growth in the coming decade. Yet despite more visitors to the Pacific, tourism growth is not inevitable for all countries in the region.