Banks vie to renew government’s loan for shares in Oil Search, structural faults in Phase One of new Lae port, OK Tedi to resume operations next month. Your weekly roundup of the latest business news.
China Harbour Engineering Company Ltd
Work on Lae’s Huon Industrial Park has been accelerated while stage two of the Lae Port development is on track to start by mid-2016, says Stanley Alphonse, the CEO of PNG Ports Corporation.
The International Court for the Settlement of Investment Disputes has declined to hear PNG Sustainable Development Program’s claims against the Government of Papua New Guinea. PNGSDP was seeking restitution of the 63.4 per cent…
Despite being overshadowed by the natural resources sector, manufacturing adds tremendous value to the Papua New Guinea economy, as Rod Myer discovers.
Papua New Guinea requires significant investment in infrastructure. Deloitte’s Lutz Heim examines the opportunities and challenges in this sector.