After a number of challenging years, PNG is starting to hit its equilibrium point again. It has largely passed through the period of difficult adjustments, and now some balance has returned. A number of long-planned projects are progressing and new areas of opportunity are being explored.
New investment in airport infrastructure should help drive growth in Papua New Guinea’s aviation sector ahead of the Asia-Pacific Economic Cooperation (APEC) summit the country is scheduled to host next year, helping offset a recent drop in earnings.
A country of extraordinary diversity, spread across some of the world’s most spectacular, and often inhospitable, terrain, Papua New Guinea today is a country once again at a crossroads. A major economic boom driven by a massive liquefied natural gas project has been swiftly followed by a sharp slowdown as global oil prices fell, and as a result the government has come under some pressure.
The economic targets of the country’s Development Strategic Plan (DSP), as well as upcoming international attention in the form of the FIFA Under-20 Women’s World Cup in late 2016 and APEC in 2018, are calling for immediate and drastic improvements to the national road network’s coverage and quality. This growth is unlikely to be realised...
Located on the eastern half of the island of Papua, Papua New Guinea is home to a rich supply of natural resources. However, with a geography characterised by tall peaks and deep ravines, miles of challenging coastline and a climate that encourages year-round vegetation, infrastructure can be difficult to place, install and maintain. While...
In Papua New Guinea, more than in many other countries, airplanes are a critical component of transport infrastructure for economic development. Port Moresby, for instance, is not linked to any other major centre by road, and access to some remote villages is only possible by air. The country therefore needs a healthy and efficient airline...
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