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PNG: overcoming the challenges

As Business Advantage’s PNG 100 CEO Survey reveals, leading companies are performing exceptionally in spite of facing an array of severe impediments. We take a closer look at some of the daily challenges faced by companies doing business in Papua New Guinea and find out how they are overcoming them. At the beginning of 2011, […]
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PNG’s infrastructure challenge

Papua New Guinea requires significant investment in infrastructure. Deloitte’s Lutz Heim examines the opportunities and challenges in this sector. PNG’s infrastructure needs a substantial and urgent upgrade, in anticipation of increased stress and after a number of years of underinvestment, particularly during the lean years before 2004, and this is recognised by government and business […]
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Manufacturing: Made in PNG

Papua New Guinea isn’t just a producer of mineral and agricultural commodities. As its economy grows, so does a substantial manufacturing sector. Many PNG manufacturers are undergoing strong growth and expansion. South Pacific Brewery opened its new K8.6 million (US$4.1 million) raw material warehouse in Port Moresby in September 2011, the latest step in a […]
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Landowner Companies Aiming High

Papua New Guinea’s landowner companies have been around for a while, but the current resources boom—particularly the PNG LNG Project—has significantly increased their opportunities. Perhaps the best-known landowner business is NCS, owned by landowners on Lihir Island (home to the Lihir gold mine). NCS has established a profitable core business of catering and mining camp […]
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Profiles: Laba Holdings and Hides Gas Development Company

The PNG LNG Project has led to the creation of new landowner companies. During the construction phase the Hides Gas Development Company (HGDC) (upstream in the Southern Highlands), and Laba Holdings (downstream in the area around the processing plant close to Port Moresby), have exclusive rights to carry out certain key activities such as labour hire, […]
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Interview: James Lau, Rimbunan Hijau PNG

Rimbunan Hijau PNG (R H) is Papua New Guinea’s largest forestry business, accounting for about 45% of the country’s timber exports. Business Advantage spoke with Managing Director James Lau about his company’s strategy for growth and the sector’s future. As PNG’s largest forestry operator, what is the strategy for your forestry division going forward? R […]
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Boost for service providers

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. LCR Group has been operating in PNG since 2009, providing crane services for engineering group Clough on the gas processors and docks that will service the PNG LNG […]
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Reaching out to the unbanked

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. ‘PNG continues to have a very, very strong banking sector. We are very lucky here to have the banks that we do. Investors want that, and they often don’t expect that there’s […]
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Big Year for PNG LNG Project

Business Advantage speaks to the man responsible for delivering the PNG LNG Project, Peter Graham, managing director of ExxonMobil subsidiary, Esso Highlands. Do you foresee any issues with meeting the posted completion date for the PNG LNG project? What will be the major challenges and milestones over the next 12 months? 2012 is a big […]
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