Speaking at a Business Advantage PNG webinar, two of the region’s largest infrastructure investment funds – the Asian Development Bank and the new Australian Infrastructure Finance Facility for the Pacific – have announced major support for road and electricity projects in Papua New Guinea, with more to come.
Papua New Guinea could see more than K2.5 billion from regional infrastructure funds
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21 Sep 2020 by 4 Comments
In brief: Ok Tedi to reopen in September and other business stories
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31 Aug 2020 by Leave a Comment
Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.
K4.96 billion Australian fund starts to invest in Papua New Guinea infrastructure
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6 Aug 2020 by 4 Comments
At a time when private sector investment is stalling, the A$2 billion [K4.96 billion] Australian Infrastructure Financing Facility for the Pacific is ramping up and targeting projects that will help drive Papua New Guinea’s economy.
Boardroom briefing: overlooked SME marketing tool, cheaper power on the way and networking done right
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19 Feb 2020 by Leave a Comment
LinkedIn could be the tool you need for your SME marketing, Australia set to announce investment in Papua New Guinea power infrastructure and how to ace a networking event. Readings from around the world on business, leadership and management.
Analysis: How aid in the form of risk sharing might serve to stimulate Australian private sector investment in Papua New Guinea
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27 Mar 2018 by 1 Comment
Given that there is no investment currently, what is needed to get Australian institutional investors involved in Papua New Guinea? Stephen Nash, former Chief Investment Officer for Nambawan Super, examines one possible initiative: risk sharing.
In brief: Fiji lifts ban on import of Papua New Guinea food products, and other business stories
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28 Mar 2017 by Leave a Comment
Fiji’s trade Minister lifts ban on PNG food products, K65 million sought to contain coffee berry borer, and O’Neill warns of crackdown on companies not paying taxes. Your weekly digest of the latest business news
People moves: Australian government
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23 Sep 2015 by Leave a Comment
Australia upgrades Pacific Minister position.
Outsourcing of road design and construction paying off, says Papua New Guinea’s roads chief
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21 Sep 2015 by 5 Comments
Major road works in Papua New Guinea are now outsourced to the private sector, under a design-and-build model. The result, says the Secretary of the Works Department David Wereh, is improved performance.
Lae is doing well, but land and town planning issues remain: McLay
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30 Jul 2014 by 3 Comments
With a new port, a new hospital and plans to redevelop Nadzab Airport, things are looking up for Lae, Papua New Guinea’s second-largest city. However, says Alan McLay, these developments highlight a shortage of land, and a need for more effective town planning.
People moves: NBPOL, InterOil and other senior appointments
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29 Jan 2014 by
A new, independent director at New Britain Palm Oil, two new executives at InterOil, and other appointments.
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