After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
Posts by Tony Jordan
Papua New Guinea’s property developers have been busy renovating properties and putting the finishing touches to new projects, including Marriott- and Hilton-branded executive apartments, as the sector gears up for greater economic activity.
A slew of new satellite technologies promise a future of faster connections and lower prices, especially in Papua New Guinea’s most remote regions. Tony Jordan previews what’s ahead.
Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy’s operations in the country. Meanwhile, short-term solutions are being put in place.
How do landowner groups in remote parts of Papua New Guinea conduct their banking without the internet and without a bank branch in sight? Microfinance business MiBank has come up with an award-winning solution.
A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
GoFood PNG started its food delivery service in 2016 with a single car and a website. After explosive growth during the COVID-19 emergency, it’s now preparing to expand into new markets, including Lae and Mount Hagen.
The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.