People moves: Coca-Cola Amatil

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A new country manager for Coca-Cola Amatil

In brief: Deal to purchase Motukea for port relocation signed, and other business stories

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State Solicitor refuses approval for purchase of Motukea island land for port relocation, Confusion over Ok Tedi compensation payments, report says PNG state-owned enterprises under performing compared to Pacific counterparts. Your weekly digest of the latest business news.

PNG Manufacturers look to the future

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There is no question that Papua New Guinea’s manufacturers-which account for about 9% of the country’s GDP – have been caught up in the general downturn in the country’s economy, with a combination of lower investment in the mining and petroleum sectors, lower commodity prices and a stronger currency slowing growth and reducing domestic demand.

People moves: Coca-Cola Amatil

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Peter Carey will leave the position of General Manager PNG for Coca-Cola Amatil Limited at the end of July.

Lae: Papua New Guinea’s manufacturing hub

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PNG’s second-largest city is the focal point for the nation’s downstream processing industries. Although it plays second fiddle to the national capital Port Moresby, Lae in Morobe Province is PNG’s industrial capital and boasts considerable activity in manufacturing, trading, agribusiness and, more recently, fisheries. Lae: the facts Despite being the second city in a country […]

PNG’s manufacturers: adding value, adding skills

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Despite being overshadowed by the natural resources sector, manufacturing adds tremendous value to the Papua New Guinea economy, as Rod Myer discovers. With PNG experiencing economic growth of above five per cent in recent years and manufacturing employing up to 25% of the nation’s formal workforce, the country’s factories are perhaps the unsung heroes of […]

Sector profile: Manufacturing

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The range of products manufactured in Papua New Guinea is growing all the time. The range of goods made in PNG is quite impressive. Much of PNG’s manufactured produce is aimed at a domestic consumer market that is growing so rapidly—albeit from a low base—that many local manufacturers are struggling to meet demand. Many producers […]

Profile: Coca Cola Amatil

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Coca-Cola Amatil (CCA) is spending up big in Papua New Guinea because Papua New Guineans are buying its products like never before. So strong was the PNG performance in the 2011 financial year that CCA Chairman David Gonski singled it out in the annual report, saying ‘CCA’s record 2011 profit result was driven by strong […]

Manufacturing: Made in PNG

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Papua New Guinea isn’t just a producer of mineral and agricultural commodities. As its economy grows, so does a substantial manufacturing sector. Many PNG manufacturers are undergoing strong growth and expansion. South Pacific Brewery opened its new K8.6 million (US$4.1 million) raw material warehouse in Port Moresby in September 2011, the latest step in a […]

The changing face of investment in Papua New Guinea

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With PNG expected to grow faster than China in 2011, Business Advantage examines just who is investing in PNG and in what sectors, and asks where the best opportunities lie in the future. ‘We’re at the start of a very long term growth period—the outlook long-term is extraordinary,’ says Rod Mitchell, the joint-CEO of PNG […]