Wafi-Golpu project set for production by end of decade

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The Wafi-Golpu gold-copper project in Morobe Province is a bright spot in an otherwise tight mining environment. The Morobe Mining Joint Venture partners believe it will be one of the world’s lowest cost gold projects, and expects production to begin in 2020.

Newly upgraded hotel in Lae

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

Lae Chamber of Commerce favours asylum-seeker deal

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The Lae Chamber of Commerce (LCCI) says the Rudd–O’Neill asylum seeker deal ‘will be positive for business’, according to chamber president, Alan McLay.

Lae airport highway upgrade begins this month

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Construction of the long-awaited Lae-Nadzab Road upgrade to a four-lane highway begins this month, after Prime Minister Peter O’Neill launched the project last week.

Frabelle plans expansion beyond tuna processing

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Lae-based Frabelle Fishing Corporation is one of the major partners behind the Majestic Seafood venture, which opened earlier this year. But, as Frabelle’s James Johnston tells Business Advantage PNG, the company has big expansion plans of its own too.

Four-lane airport highway in Lae gets go-ahead

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Work to upgrade 40-kilometre stretch of road between the port of Lae and Nadzab Airport into a four-lane highway is expected to begin in June 2013, according to the Lae Chamber of Commerce and Industry.

First step towards direct flights between Lae and Cairns?

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Business people in Morobe Province are hoping a new timetable, which sees Air Niugini flying between Lae and Cairns via Port Moresby, is the first step towards direct flights between Australia and PNG’s second city.

First public-private hydro plant opens in Morobe

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PNG’s first privately-built hydro electricity power station has opened in Bulolo, Morobe Province.

Twenty-five years of Nestlé in PNG

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2012 marks 25 years of successful manufacturing in Papua New Guinea for global food giant, Nestlé. Nestlé is one of the world’s leading food and nutrition companies, employing more than 330,000 people worldwide and with more than 460 factories across 83 countries. From its humble beginnings in PNG in the late 1970s, Nestlé operations have […]

Lae: Papua New Guinea’s manufacturing hub

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PNG’s second-largest city is the focal point for the nation’s downstream processing industries. Although it plays second fiddle to the national capital Port Moresby, Lae in Morobe Province is PNG’s industrial capital and boasts considerable activity in manufacturing, trading, agribusiness and, more recently, fisheries. Lae: the facts Despite being the second city in a country […]