Although Papua New Guinea’s construction sector contracted in 2014 after a four-year boom from the massive PNG liquefied natural gas project, industry growth is expected to pick up again in 2015. New petroleum revenues are set to support the government’s sizeable infrastructure investment programme, which is seeing major improvements to roads, ports and airports in preparation for the 2015...
Papua New Guinea Construction
Displaying 49 - 54 of 68
Chapter | Construction & Real Estate from The Report: Papua New Guinea 2015
Articles & Analysis | Efforts to maintain vital road links in rugged terrain and harsh weather from The Report: Papua New Guinea 2014
The Highlands region of Papua New Guinea is not merely the nation’s geographical heart; it is also a crucial contributor to the economy, yielding agricultural products, minerals and energy exports. Home to roughly 40% of the country’s 7m people, this region, PNG’s most densely populated, is comprised of the provinces of Simbu, Eastern...
Articles & Analysis | Increased public spending aims to keep the sector on an even keel from The Report: Papua New Guinea 2014
Roused by an adrenaline shot from the $19bn Papua New Guinea liquid natural gas (LNG) project that kicked the country’s construction sector into overdrive from 2009, the industry must now prove it has the staying power to sail smooth in the years after the boom, when the sector made up as much as one-fifth of real GDP.
Articles & Analysis | After a roaring half-decade, the industry is gradually slowing down from The Report: Papua New Guinea 2014
After a wildly successful five-year run on the back of heavy investment that came with the global economic recovery, the real estate sector in Papua New Guinea is moving out of the fast lane. Growth in property values is slowing and demand is starting to cool. The unprecedented demand spike linked to ExxonMobil’s $19bn PNG liquid natural gas (...
Articles & Analysis | Efforts to reform the country’s land title system from The Report: Papua New Guinea 2014
The recent influx of people and investment into the National Capital District (NCD) has sent demand for housing through the roof, changing the area’s social and economic climate in ways that have severely tested the regulatory framework that currently governs the construction and real estate sector.
Interviews & Viewpoints | OBG talks to Stuart Bowman, Country Manager & Director, Leighton PNG from The Report: Papua New Guinea 2014
How can the local construction industry benefit from increasing competition in order to bring its standards to international levels?