Kumul Petroleum’s plan to manufacture large-scale infrastructure components for major resources projects in Papua New Guinea has taken a major step forward, following the signing of construction contracts for a US$100 million (K358 million) fabrication facility outside Port Moresby.
The role and revenues of state-owned Kumul Minerals Holdings are set grow significantly as it prepares to add a major stake in the Porgera gold mine to its portfolio. Business Advantage PNG asks recently-appointed Managing Director Sarimu Kanu about his vision for the company.
After over three years’ closure, the final formalities required to reopen the Porgera gold mine in Papua New Guinea’s Enga Province are now being processed under the supervision of the Mineral Resources Authority. Business Advantage PNG spoke to the MRA’s Managing Director, Jerry Garry, for an update.
Ahead of registrations for early works contracts on Papua LNG closing, the Institute of Banking and Business Management’s CEO Susil Nelson-Kongoi walked Business Advantage PNG through recent developments
Air Niugini’s ambitious 15-year fleet plan will improve efficiency, reliability and allow new international routes to be added.
Cybercrime is as alive in Papua New Guinea as it is in the rest of the world. Happymabel Ketias-Zingunzi, Associate Director, Advisory Services at KPMG PNG, analyses some common cybersecurity risks and provides advice to protect sensitive data.
With rice farming expanding in Papua New Guinea, the country’s largest rice supplier, Trukai Industries, is partnering with tertiary institutions to help upskill farmers on the basics of irrigation rice farming.
Tim Ayres, Assistant Minister for Trade in Albanese Labor Government, recently caught up with Business Advantage PNG to explain the growing nexus between Australia and Papua New Guinea, and what future opportunities it presents.
Trade commissioners in overseas posts and a new online portal for exporters are among the measures being undertaken to try to increase Papua New Guinea’s international trade.
With its funding now legislated, we asked David Wereh, Secretary of the Department of Work and Highways in Papua New Guinea, what’s next for the ambitious 20-year Connect PNG road-building program.