In brief: O’Neill puts tax reform on the agenda, and other business stories

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Business’ failure to pay taxes prompts tax reform review, SABL files go missing in Lands Department, and 30 companies face licence cancellations. Your weekly digest of the latest business news.

Ten-year project to repair and maintain Papua New Guinea’s critical Highlands Highway to start by year’s end, says Wereh

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Work on the ‘most critical’ 90-kilometre section of the Highlands Highway will begin later this year, under an ambitious 10-year repair and maintenance program, funded by the Asian Development Bank. Works Secretary David Wereh tells Business Advantage PNG, he is already looking to use the funding model to ‘fix’ 16 High Priority roads in other parts of the country.

In brief: Dual citizenship a reality by March, and other business stories

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Dual citizenship almost a reality, Wereh outlines the impact of climate change on road design and funding, and the cost to business of family violence revealed. Your weekly digest of the latest business news.

In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories

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Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.

Outsourcing of road design and construction paying off, says Papua New Guinea’s roads chief

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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.

Papua New Guinea road investment to total K7 billion over the next five years, but maintenance ‘the challenge’

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Scheduled road projects in Papua New Guinea will cost around K7 billion over the next five years, according to David Wereh, Secretary of the Department of Works and Implementation, with almost K2.6 billion of works currently under way. But PNG’s poorly-maintained existing roads represent a ‘time bomb’ for the country.

Interview: Peter Graham, Esso Highlands Ltd

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With gas production from the US$19 billion PNG LNG project due to start next year, Peter Graham, Managing Director of Esso Highlands Limited, talks exclusively to Business Advantage PNG about the long-term impact of the project on the economy.