Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.
More capacity, more efficiency: Papua New Guinea’s ports get a makeover
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1 Apr 2023 by Leave a Comment
In brief: Papua New Guinea to explore free trade agreement with China and other business stories
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12 Sep 2022 by Leave a Comment
Free trade agreement with China to be explored, Papua New Guinea’s Immigration and Citizenship Authority reactivates instant visas, and Port Moresby to get new tower development. The business news today.
Prime Minister to open Papua New Guinea’s prestigious international investment conference
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3 Sep 2021 by Leave a Comment
Papua New Guinea’s Prime Minister, the Hon. James Marape MP, will make the opening address at the 2021 Business Advantage Papua New Guinea Investment Conference on the morning of Tuesday 7 September.
Papua New Guinea’s PM signals ‘honest and transparent’ economic repair
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13 Jan 2021 by 10 Comments
Papua New Guinea’s Prime Minister, James Marape, has outlined his government’s goals for 2021, including building up infrastructure, undertaking ‘Budget repair’ and exploring ways to invest in domestic businesses.
‘Economic lifelines’: Connect PNG outlines key road projects to help boost Papua New Guinea’s COVID recovery
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30 Sep 2020 by 4 Comments
Connect PNG has a five-year plan to establish a single, unbroken highway network for Papua New Guinea. David Wereh, Secretary of the Department of Works and Implementation, takes Business Advantage PNG through the challenges.
Papua New Guinea could see more than K2.5 billion from regional infrastructure funds
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21 Sep 2020 by 4 Comments
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.
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.
New K500 million plan to boost Papua New Guinea’s coffee industry
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29 Jul 2020 by 1 Comment
Papua New Guinea’s coffee industry has failed to reach its full potential, but a new plan aims to fix that.
In brief: Horizon Oil clears its name and other business stories
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15 Jun 2020 by Leave a Comment
An investigation has cleared Horizon Oil of any wrongdoings in Papua New Guinea, PNG amends Oil and Gas Act and NASFUND revamps its image. The business news you need to kickstart your week.
How to unlock funds to invest in Papua New Guinea’s infrastructure
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26 Feb 2020 by 1 Comment
Commercial banks call for collaboration, communication and an awareness of risk if they are help finance what could be an infrastructure boom in Papua New Guinea.
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