‘There is no more state-owned land left in Lae city,’ Morobe Province Administrator Kemasang Tomala told a World Vision meeting in Lae last week, according to The National.
Lae
The long-awaited project to expand Lae’s port is ‘ahead of schedule’, according to the Asian Development Bank’s Vice President (Operations 2) Stephen Groff, who visited Papua New Guinea last week to inspect progress.
2012 marks 25 years of successful manufacturing in Papua New Guinea for global food giant, Nestlé.
PNG’s second-largest city is the focal point for the nation’s downstream processing industries.
K K Kingston, one of Papua New Guinea’s largest manufacturers, turns 40 in 2012. Paying a visit to its HQ in Lae, Robert Hamilton-Jones found the company evolving at a furious pace.
Laga Industries is a big name in Papua New Guinea manufacturing, producing, blending and importing a wide range of foodstuffs, condiments and beverages. Originally formed in 1975, a merger with Trade Winds Liquor in 2008 dramatically broadened its suite of products.
The forestry industry in Papua New Guinea has bounced back since the global financial crisis. Our two biggest markets remain Australia for sawn and processed products and China for round logs.