Richard Andrews recounts events around the proclamation of independence in PNG in 1975.
Australian Government
Speaking at a Business Advantage PNG webinar, two of the region’s largest infrastructure investment funds – the Asian Development Bank and the new Australian Infrastructure Finance Facility for the Pacific – have announced major support for road and electricity projects in Papua New Guinea, with more to come.
Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.
At a time when private sector investment is stalling, the A$2 billion [K4.96 billion] Australian Infrastructure Financing Facility for the Pacific is ramping up and targeting projects that will help drive Papua New Guinea’s economy.
LinkedIn could be the tool you need for your SME marketing, Australia set to announce investment in Papua New Guinea power infrastructure and how to ace a networking event. Readings from around the world on business, leadership and management.
Given that there is no investment currently, what is needed to get Australian institutional investors involved in Papua New Guinea? Stephen Nash, former Chief Investment Officer for Nambawan Super, examines one possible initiative: risk sharing.
Fiji’s trade Minister lifts ban on PNG food products, K65 million sought to contain coffee berry borer, and O’Neill warns of crackdown on companies not paying taxes. Your weekly digest of the latest business news
Australia upgrades Pacific Minister position.
Major road works in Papua New Guinea are now outsourced to the private sector, under a design-and-build model. The result, says the Secretary of the Works Department David Wereh, is improved performance.
With a new port, a new hospital and plans to redevelop Nadzab Airport, things are looking up for Lae, Papua New Guinea’s second-largest city. However, says Alan McLay, these developments highlight a shortage of land, and a need for more effective town planning.
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