The Solomon Islands government has allocated five million US dollars this year for preparations toward hosting the 11th Festival of Pacific Arts next year.
The Solomon Times reports that a third of the money has been given by Taiwan.
The funding will reportedly be used for preparatory work on performance and accommodation facilities, as well as public amenities, for the July 2012 event in Honiara.
More than 3,000 artists and cultural practitioners from 27 Pacific Countries are expected to converge on Honiara to showcase their work.
The national organising committee is hoping to obtain extra direct funding for 2011 from the government in the upcoming supplementary budget.