Chey Scovell, head of the Papua New Guinea Manufacturers Council, talks to Business Advantage PNG about how his sector is confronting the challenges of the new normal and an uneven playing field.
Industry sectors
In a development that will give heart to the country’s mining sector, Papua New Guinea’s government has granted a 20-year mining lease to Mayur Resources’ US$350 million (K1.125 billion) Central Cement and Lime Project in Papua New Guinea’s Central Province.
Secretary of the Department of Land and Physical Planning, Benjamin Samson, talks to Business Advantage PNG about how his department’s move into e-government might increase revenue and make life easier for business.
Cashed-up Kingston Resources is expecting to complete a pre-feasibility study later this year for the Misima gold project in Papua New Guinea’s Milne Bay Province. With the gold price riding high, investors believe the project is a promising one.
Fintech company NiuPay is making headlines with its e-government solutions and a recent partnership with Kina Bank. Business Advantage PNG meets its Director, James Inglis, to learn more about the business.
Getting the right advice can be critical when you run your own business in Papua New Guinea, but it can be hard to find at an affordable price. That’s where Business Link Pacific comes in.
At a time when private sector investment is stalling, the A$2 billion [K4.96 billion] Australian Infrastructure Financing Facility for the Pacific is ramping up and targeting projects that will help drive Papua New Guinea’s economy.
Peter Graham, Chairman of Papua New Guinea’s state-owned mining company Kumul Minerals Holdings, talks extensively about its plans for the future.
Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG’s investment laws.
Invest In Me is the first crowdfunding platform developed by Papua New Guineans exclusively for Papua New Guineans.