Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
Industry sectors
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.
As telecommunications connectivity reaches 80 per cent of Papua New Guinea’s population, Business Advantage PNG looks at how the country’s telecommunications wholesaler, PNG DataCo, is working to encourage greater adoption of the internet by business and consumers.
The Paga Hill Estate site is underway, with aims to attract cruise traffic and change how people experience Port Moresby. Gudmundur Fridriksson, Chairman, Paga Hill Development Company, tells us how he plans to make waves in PNG’s tourism sector.
Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.
Wapu Sonk, Managing Director of Papua New Guinea’s state-owned oil and gas company Kumul Petroleum Holdings Limited, spoke about the way forward with the TotalEnergies-led Papua LNG project and the “unexpected blessings” its delay could bring at this month’s 2024 Business Advantage PNG Investment Conference. Watch his exclusive fireside chat.
Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.
Port authority PNG Ports Corporation is “re-conceptualising” Papua New Guinea’s ports into business and logistics hubs, beginning with the signature Westside project in Lae. A bullish Chief Executive Neil Papenfus outlines its plans to upgrade ports across the country.
George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company’s past, present and future at this week’s 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI’s Andrew Wilkins.
Air Niugini’s next generation of planes will deliver a raft of benefits, including increased passenger comfort. Roderick Eime profiles the new A220 aircraft that will be introduced into service from 2025.