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Pacific Possible launched at Pacific Islands Forum in Samoa

Pacific Possible launched at Pacific Islands Forum in Samoa
Pacific Islands Forum opening summit in Samoa (Photo: Tipi Autagavaia).

A new report from the World Bank has found Pacific countries could create half a million jobs and lift average incomes by more than 40% within 25 years by targeting several key industries.

The document, 'Pacific Possible', has been launched at the Pacific Islands Forum in Samoa.

The Bank said the document had been three years in the making, and was the culmination of extensive consultations with Pacific Island and Pacific Rim governments, non‑governmental organisations, academics and individuals across the region.

It has identified tourism, fisheries, the knowledge economy and labour mobility as key areas offering opportunities.

According to the World Bank estimates, more than 100,000 jobs could be created in tourism alone by tapping into China's growing middle class, attracting retirees from countries like Australia and New Zealand.

Source: Radio NZ

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