The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
Key industries across the Highlands region are set to see major improvements as extensive transport upgrades take shape. The poor condition of the Highlands Highway is a major constraint on inclusive growth, exacerbated by the lack of logistics facilities for perishable and high-value goods. While significant investment is still needed, the 10...
The government of Papua New Guinea has ramped up connectivity efforts, with strategic agreements and infrastructure investments expected to increase international arrivals in the coming years.
Although Papua New Guinea’s macroeconomic slowdown, challenging business climate and falling global commodity prices have weighed on trade and investment in recent years, the country continues to offer high-potential opportunities to investors.
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