MRDC subsidiary Dirio Power is best known for its 45MW gas-fired power station in Central Province. But its focus extends well beyond gas – from solar mini-grids across Gulf and Southern Highlands provinces to developing infrastructure for other nation-building projects, as CEO James Nelson tells Business Advantage PNG.
New Chief Risk Officer at MRDC, new directors at BSP and Nasfund, new General Manager at Pacific Palms Property, new PNG High Commissioner to Fiji, and new UN Resident Coordinator in Papua New Guinea.
Arrivals into Port Moresby are expected to grow substantially in the coming years. Business Advantage PNG provides a roundup of the big investments being made by PNG’s hotel operators in anticipation of this growth.
Progress is being made on a planned expansion of the Ramu nickel-cobalt mine, but regulatory approvals may take some time, the Head of Asia-Pacific for Ramu joint-venture partner, Nickel 28, explains to Business Advantage PNG.
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
Papua New Guinea’s Mineral Resources Development Company is one of the country’s largest institutional investors, with more than K12 billion in assets under management. Its Chief Investment Officer and Deputy CEO John Tuaim revealed five areas where more investment is needed at this month’s 2025 Business Advantage PNG Investment Conference.
Speakers at this year’s 2025 Business Advantage PNG Investment Conference touched on a range of key themes, including the need to strengthen the country’s institutions and its ‘human capacity’, and provided updates on key projects such as PNG Power’s turnaround plan, major resources projects and the strategies of leading banks and financial institutions.
Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.
This year, Mineral Resources Development Company (MRDC) will mark 50 years as the manager of the benefits paid to landowners and provinces from Papua New Guinea’s resources projects. In this exclusive interview with Business Advantage PNG, Managing Director Augustine Mano provides an update on the flagship Star Mountain Plaza project and other investment plans.
Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID.