Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises

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First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.

Port Moresby’s next growth corridor

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Major industrial projects underway or in the pipeline north-west of Port Moresby look likely to create an industrial and logistics corridor over the next five years. Business Advantage PNG examines the progress in Central Province, just outside Papua New Guinea’s capital.

In brief: PNG Power price increase postponed and other stories

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PNG Power price increase postponed, InterOil timeline to be set and Rabaul needs visas on arrival. Your quick digest of the week’s business news.

Interview: Stanley Alphonse, PNG Ports

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Business Advantage PNG spoke with PNG Ports’ Chief Executive Officer, Stanley Alphonse, about PNG Port’s return to profitability and its ambitious plans for the future.

People Moves: executive moves and changes relevant to Papua New Guinea

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Ross Garnaut resigns from Ok Tedi Economist Ross Garnaut resigned this month as Chairman of OK Tedi Mining Ltd, citing the difficulties of fulfilling his duties following the travel ban to PNG imposed on him by PNG’s PM Peter O’Neill in November 2012. Former PM Sir Mekere Morauta has been nominated to take over the position. He […]

Improving PNG’s business environment

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Many of the success stories in this publication have occurred against significant odds. Papua New Guinea’s producers face many challenges in developing their businesses, although things are looking up. As a developing country, Papua New Guinea lacks much of the infrastructure that businesses in developed nations take for granted: ubiquitous and well-maintained roads, reliable power […]

Key investment organisations in Papua New Guinea

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Two organisations worth knowing about if you’re looking to invest in Papua New Guinea. Investment Promotion Authority (www.ipa.gov.pg) The IPA is the first point of contact for any potential investor considering doing business in PNG. Not only is the IPA responsible for promoting PNG as a business and investment destination, including the facilitation of trade visits, […]