Papua New Guinea Industry

Displaying 73 - 78 of 79

As is the case in many mineral-rich countries that are economically dependent on raw material exports, the development of Papua New Guinea’s domestic manufacturing base has lagged behind that of the dominant mineral and petroleum sectors. While there are some notable success stories of local producers, efficient production of high-quality local...

What are the top priorities as far as domestic economic reform is concerned?

Already a showcase for downstream growth of one of Papua New Guinea’s valuable natural resources, the seafood processing industry is looking to capitalise on its success through the creation of a new Pacific Marine Industrial Zone (PMIZ). Located near the town of Vidar on the north-eastern coast, the project is expected to serve as a catalyst for...

With a wealth of natural and mineral resources complemented by a rapidly expanding labour force, Papua New Guinea possesses the crucial building blocks required to develop its fledgling industrial base into a strong economic contributor. After years of robust growth, and with substantial new revenues on the horizon, the time to purse the government’...

The largest of the Pacific Island nations, Papua New Guinea (PNG) occupies the eastern half of New Guinea and hundreds of nearby islands. A mountainous and forested terrain has led to astonishing cultural and linguistic diversity, even as it inhibited development. 

Chapter | Industry and Manufacturing from The Report: Papua New Guinea 2012

Most of PNG’s industrial strength derives from its abundant minerals, hydrocarbons and agricultural products. Export markets are, however, naturally constrained by the country’s remoteness and its weak infrastructure, suggesting that PNG will be importing many of its finished goods for the indefinite future. The most successful industries, like food and beverages, cater to domestic consumption....

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