'Impossible': China denies planning military base in Vanuatu Read moreTacitly at least, officials from all interested nations recognise Vanuatu’s strategic importance. For more than a decade, this tiny island nation has leveraged regional rivalries to drive infrastructure development. Infrastructure projects worldwide face budget overruns, scope creep and delays. Australia, meanwhile, signed on to fund a US$30m urban infrastructure development project in the capital. The World Bank has already committed US$60m to the nation’s airports, and is reportedly considering upping the ante to US$150m.

Source: The Guardian April 11, 2018 00:31 UTC