What new incentives were introduced in the 2014 budget that may attract further investment?
What new incentives were introduced in the 2014 budget that may attract further investment?
The Papua New Guinea liquefied natural gas (LNG) investment agreement with ExxonMobil has certainly raised PNG’s profile among global investors. However, while interest has broadened, investors remain cautious of potential policy inconsistencies. Indeed, several government moves over the past year have elicited concern – even if the...
Comprising the eastern half of the largest tropical island on Earth, as well as hundreds of smaller adjacent islands, Papua New Guinea is home to a huge diversity of peoples, languages and cultures, and important biodiversity. In less than 0.5% of the world’s landmass, the island of New Guinea shelters 6-8% of global species, hosts one-sixth...
How is the economy likely to respond to liquefied natural gas (LNG) coming on stream in Papua New Guinea for the very first time?
While it is a country of great cultural and geographical diversity, Papua New Guinea (PNG) has also long been a country facing great challenges. Covering roughly half of the world’s largest island, PNG’s tropical climate has ensured this mountainous territory is known around the globe for its thick jungles and often-inaccessible highland...
This chapter features useful information for visitors to Papua New Guinea, including a suggested hotels listing, contact information for government ministries, business associations, foreign missions and other important resources, as well as facts about languages, visas, etiquette and other tips. It also includes a features piece about coral conservation efforts in the waters of PNG.
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