The construction sector in PNG has been booming over the past half-decade, driven by major initiatives such the PNG LNG project. The wealth of contracts available has fostered healthy competition between Australian firms, traditionally dominant in the local market, and newly arrived Western companies. Hoever, the influx of money and workers has created a bubble in office and residential prices...
Papua New Guinea Construction
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Chapter | Construction & Real Estate from The Report: Papua New Guinea 2012
Economic update | Papua New Guinea: Roads to growth
13 Apr 2012
Plans for a major highway upgrade deal with China and progress in transport development schemes underline Papua New Guinea’s (PNG) determination to tackle infrastructure deficits that have thus far inhibited the island’s economic growth.