Papua New Guinea

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A decade of solid growth on the back of high commodity prices, strong financial institutions and ExxonMobil’s $15.7bn investment in a liquefied natural gas (LNG) production facility have transformed Papua New Guinea’s economy. Confidence remained high ahead of elections in 2012, despite the political volatility, and the property market, a weather...

With a largely untouched environment and rich biodiversity, alongside a rich, varied tribal heritage, Papua New Guinea is a perfect fit for community-based ecotourism. Under the auspices of the 2006 Tourism Master Plan (TMP), budgeted for full implementation in 2013, protection and sustainable management of these cultural resources is enshrined as...

Boosting access to education and its facilities in PNG’s remote rural communities is an ongoing challenge. Roughly 85% of the population resides outside of urban centres, many in small villages and hard-to-reach areas. PNG’s notoriously rough terrain and underdeveloped transport networks mean that many communities do not have easy access to schools...

With a strong agrarian culture and a population still highly involved in the farming sector, agriculture in Papua New Guinea is one of the country’s largest economic contributors. While mining revenues have dominated exports since the 1970s, farming and forestry sustained the country in previous decades and are still the country’s largest employers...

While few in the transport sector expected Papua New Guinea’s transport modalities to adjust in time to the rapid acceleration in demand precipitated by the $15.7bn ExxonMobil-led liquefied natural gas (LNG) project, delays and cost increases estimated at between 40% and 60% by the World Bank, are the source of continued frustration. Capacity...

What, in your view, does PNG need to be able to compete on the international stage?

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