After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
‘Transformative’ Port Moresby port redevelopment ready for investors
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24 Sep 2024 by Leave a Comment
Port Moresby’s former port facility has been rezoned, had its masterplan approved, and is now ready for investors’ expressions of interest. Business Advantage PNG takes a closer look at the project.
Private sector investment targeted to redevelop Papua New Guinea state assets
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13 Sep 2023 by 4 Comments
Some key Papua New Guinea state assets, including the site of Port Moresby’s old port, are being readied for redevelopment, with private sector investment being sought. The move is being guided by a new investment strategy from state holding company, Kumul Consolidated Holdings.
People moves: Kumul Consolidated Holdings, Papua New Guinea Government
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27 Oct 2021 by Leave a Comment
Kumul Consolidated Holdings announces new head, and changes in seven Papua New Guinea statutory bodies.
What is Fortescue Metals Group doing in Papua New Guinea?
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25 Aug 2021 by 2 Comments
Earlier this month, Papua New Guinea’s government announced a ‘deed of agreement’ with Australian iron ore giant, Fortescue Metals Group, to develop renewable energy projects in PNG. Business Advantage PNG learns more about its plans from Julie Shuttleworth, CEO of subsidiary Fortescue Future Industries.
People moves: Kokoda Track Foundation, KTHL, NCSL, Save the Children Australia, World Bank
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14 Jul 2021 by Leave a Comment
The Kokoda Track Foundation names new Director, Kumul Telikom Holdings Ltd (KTHL) announces changes, Nasfund Contributors Savings and Loan Society welcomes a Chief Operating Officer, Save the Children Australia announces Pacific representative and the World Bank to welcome new Country Economist.
In brief: vaccine rollout announced for Papua New Guinea and other business stories
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3 May 2021 by 2 Comments
Vaccine rollout announced for Papua New Guinea’s 22 provinces, Enga Electrification Project gets funding and Kumul Petroleum to seek funding for gas fields overseas. The news in brief.
In brief: Wafi-Golpu licence expected by the end of July or August and other business stories
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25 Jan 2021 by Leave a Comment
Mining Minister is optimistic about Wafi-Golpu mining project, Police Commissioner must vacate office before the end of the month and Australia’s Seasonal Worker Program is back.
In brief: Kumul Petroleum awards contracts for a new power generation facility and other business stories
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13 Jan 2021 by Leave a Comment
Kumul Petroleum Holdings advances plans for a new power generation facility, new Australian new travel requirements and Ok Tedi Mining announces final dividend. Your round-up of the latest business news.
In brief: Papua New Guinea announces plans for ‘partial privatisation’ of state-owned enterprises and other business stories
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2 Mar 2020 by 1 Comment
Papua New Guinea’s Minister for State Enterprises announces plans for ‘partial privatisation’ of state-owned enterprises, P’nyang negotiations between ExxonMobil and PNG could resume and company reporting season. The business news you need to kickstart your week.
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