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 […]
Landowner Companies Aiming High
Welcome,
1 May 2012 by 1 Comment
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 […]
Reaching out to the unbanked
Welcome,
1 May 2012 by Leave a Comment
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 […]
Recent readers’ comments