The growth of Papua New Guinea’s non-resources economy is giving major developers the confidence to invest in projects outside of Port Moresby, an expert panel told the recent Business Advantage Papua New Guinea Investment Conference.
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Entrepreneur Janet Sios told the recent Business Advantage PNG Investment Conference about the secret of her success and what sectors might provide the best new opportunities.
If its two mining ‘mega projects’ – Wafi-Golpu and Frieda River – are delivered on schedule, Papua New Guinea will become one of the world’s major copper producers over the next thirty years, according to Jerry Garry, Managing Director of the country’s Mineral Resources Authority. However, he warns, PNG’s dependence on mining exports looks set to come to an end shortly thereafter.
Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.
The broadband satellite operator Kacific Broadband Satellites Group was created to deliver affordable and reliable internet to the Pacific and South East Asia. Business Advantage PNG spoke with CEO & Founder Christian Patouraux to discuss the future of satellite connectivity in the Pacific.
The Asian Infrastructure Investment Bank highlights China’s collaborative approach, but who’s benefiting from the bank? What’s its footprint in the Pacific? and what does a ‘greener’ future look its current and new projects? Devpolicy’s Senior Researcher, Cameron Hill, provides an overview.
Green hydrogen has been touted as the next big move to lower carbon emissions and Papua New Guinea is well positioned to develop this resource. Devesh Singh, the International Finance Corporation’s Operations Officer (Climate & Energy) – South Asia and Pacific, tells Business Advantage PNG what green hydrogen could mean for PNG and other developing nations.
Better infrastructure and a higher volume of onshore processing are the key tenets of Papua New Guinea’s new Fisheries Strategic Plan, which aims to transform the industry over the coming decade. Business Advantage PNG speaks with National Fisheries Authority Chairman Ango Wangatau to find out more.
While the number of Chinese businesses in Papua New Guinea has increased significantly over the past two decades, more recently direct investment from China has flagged. A pioneering new study is taking a closer look.
The progress of Papua New Guinea’s next major gas project, Papua LNG, appears on schedule as operator TotalEnergies announces the project is entering its front end engineering and design (FEED) stage. The company is promoting the project’s low carbon credentials.