Papua New Guinea is poised for change, as the country’s mineral riches are providing a major opportunity for economic development through the exploitation of natural resources. The government’s five-year strategic plan focuses on key development enablers such as free education, improvements to health services, the strengthening of law and order, rural development projects and infrastructure construction.
As Papua New Guinea prepares to enter an unprecedented resource boom fuelled by massive resource investments, retailers are optimistic the influx of investment dollars and subsequent revenue streams will translate into a corresponding rise in consumption. Proceeds from the $15.7bn liquefied natural gas (LNG) project are expected to be as high as $...
How can manufacturing in PNG remain competitive while production costs remain relatively high?
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