Infrastructure

Port Moresby Governor to consider offering settlement residents title

The National Central District has launched an urban development program, which will run into the middle of next year. Governor of Port Moresby, Powes Parkop, said he will be looking to upgrade Port Moresby’s settlements and explore ways to offer residents title.
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Papua New Guinea businesses should expect APEC-related income streams from this October

Papua New Guinea businesses should expect income streams from October, 2017, as momentum builds towards the APEC summit in November, next year. The Director-General of the PNG APEC Authority, Sir Charles Lepani, told the Business Advantage Investment Summit in Sydney, towns outside Port Moresby will also benefit.
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Kumul Telikom urgently looking to build undersea cable to Sydney, says Chairman

Mahesh Patel, the chairman of Kumul Telikom, told the Business Advantage Papua New Guinea Investment Conference that the newly formed entity is urgently looking to build an undersea cable to Sydney. He said the aim is to reduce wholesale price by two-thirds
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Unitech’s new ‘Uni-City’ development to get underway next year, says Vice-Chancellor

A new development on the Papua New Guinea University of Technology's campus in Lae will give PNG's second city its first shopping mall. Vice-Chancellor Dr Albert Schram tells Business Advantage PNG the plan includes housing, shops, banks and business offices.
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Business Council encourages new Papua New Guinea government to broaden industry and tax bases

Papua New Guinea’s foreign exchange problems are a symptom of an overly narrow industry base, according to a new report by the Business Council of PNG. It says the new government also needs to look at widening the tax base and improving infrastructure.
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Ten-year project to repair and maintain Papua New Guinea’s critical Highlands Highway to start by year’s end, says Wereh

Work on the ‘most critical’ 90-kilometre section of the Highlands Highway will begin later this year, under an ambitious 10-year repair and maintenance program, funded by the Asian Development Bank. Works Secretary David Wereh tells Business Advantage PNG, he is already looking to use the funding model to ‘fix’ 16 High Priority roads in other parts of the country.
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