Growth in the resources sector in Papua New Guinea is driving parallel growth in the businesses that provide mining operations with the services they need to function.
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Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market.
Business Advantage speaks to the man responsible for delivering the PNG LNG Project, Peter Graham, managing director of ExxonMobil subsidiary, Esso Highlands.
IFC, the private sector development arm of the World Bank Group, has increased its presence in Papua New Guinea. Business Advantage talks to IFC’s Resident Representative in PNG, Carolyn Blacklock, about taking PNG’s private sector to the next level.
Papua New Guinea’s oil and gas sector continues to attract new entrants as its ExxonMobil-led PNG LNG liquefied natural gas project moves inexorably towards a production stage.
The sky is the limit as Papua New Guinea’s remotest province sets off on a remarkable course of sustainable development.
Farming expertise, rich soil and high rainfall are behind Papua New Guinea’s organic strength.
After strong performances in 2009 and 2010, the Port Moresby Stock Exchange (POMSoX) experienced a tough 2011, as did many bourses around the world.
The 28 million kina (US$12.7 million) Western Province Sustainable Aquaculture Project is the first sustainable fisheries project to be delivered in Papua New Guinea’s Western Province and it incorporates public, private and community partnerships with a strong regional development focus.
This comfortable 12-room lodge, built of local materials, has established a reputation for spectacular barramundi fishing (other species include ox eye herring and saratoga).