Forestry

PNG Forest Products plans fourth hydro power station as it diversifies

Forestry and timber company PNG Forest Products is expanding its diversification program as it prepares to build a fourth hydro power station. CEO Tony Honey tells Business Advantage PNG that its plan to build timber bridges and decking for export and domestic clients is also starting to get traction.
Read More

Papua New Guinea economy showing positive signs says James Lau, MD of RH Group

James Lau, Managing Director of Rimbunan Hijau Group tells Business Advantage PNG that he sees positive developments with hotels, agriculture, gold and the country’s preparations for the 2018 APEC meeting. But he says continuing weakness in commodity prices will limit Papua New Guinea’s growth in the short to medium-term.
Read More

Papua New Guinea’s forestry sector confronts China weakness

The Chief Executive of the Papua New Guinea Forest Industries Association, Bob Tate, claims that PNG’s forestry sector is coming under increasing pressure. He points to a drop in demand from China, lower foreign capital investment and moves by the PNG government to lift industry turnover taxes.
Read More

Five questions for James Lau, Managing Director of R H Group

Malaysia's diversified Rimbunan Hijab Group is a major investor in Papua New Guinea. Managing Director James Lau talks to Business Advantage PNG about the company's current construction projects, how its retail, agribusiness and forestry subsidiaries are performing, and the economic outlook for 2016.
Read More
advertisment

Papua New Guinea forest industry leaders call for ‘affordable housing’ project to be completed locally

It’s critical for the future of Papua New Guinea's forestry and manufacturing sectors that the Government's planned 40,000 ‘affordable houses’ be built in PNG by local suppliers, industry leaders tell Business Advantage PNG.
Read More