This publication describes further progress of ongoing and recently undertaken initiatives for the Pacific Private Sector Development Initiative (PSDI). It highlights the issues and many of the encouraging outcomes resulting from earlier efforts. It also explores issues expected to emerge in the future, and how they will be dealt with. PSDI is a regional technical assistance facility cofinanced by the Australian Agency for International Development. It supports and encourages inclusive, private sectorled, sustainable economic growth among Pacific developing member countries of the Asian Development Bank. PSDI focuses on improving access to financial services, business law reform, and state-owned enterprise reform and publicprivate partnerships in the region.