Diversification critical to success in Papua New Guinea, says Hornibrook NGI MD

Vertical integration is the key to growth in Papua New Guinea, according to Hornibrook NGI Managing Director Matthew Lewis. He tells Business Advantage PNG the steel fabrication and construction company is leveraging its in-house capacity to diversify into property and hospitality.

Why many Papua New Guinea companies become conglomerates

Conglomerates have become rare in developed economies; the strategy of diversifying across different industry sectors tends to be punished by investors who prefer specialized players. But in Papua New Guinea industry diversification is commonly used as a way to grow.

State-of-the-art equipment strengthens Lae International Hospital

By introducing a range of specialty services Lae International Hospital has emerged as a leading private health facility in Papua New Guinea’s Morobe Province.

Newly upgraded hotel in Lae

The newly-upgraded Crossroads Transit Hotel aims to address a shortage of hotel rooms in Lae, Morobe Province.

Private companies boost Papua New Guinea’s health sector

The private involvement in healthcare has expanded substantially in Papua New Guinea as foreign investment, particular into the country’s mining and petroleum sectors, has grown. We present a brief overview of the sector.

Case study: Hornibrook Ngi

Papua New Guinea’s largest steel fabricator, Hornibrook NGI, provides of a wide range of products and services to the country’s mining and petroleum industry. Hornibrook’s 6,400 square metre workshop in Lae has manufactured processing tanks for Tolukuma, conveyors for Porgera, pipe spooling for Kutubu, and what Managing Director Mal Lewis calls ‘probably our biggest job: […]