What are the immediate priorities for Air Niugini in the current economic environment?
As one the Pacific Ocean’s largest fishery zones, encompassing some 2.4m sq km of exclusive water territory, PNG is home to more than 10,000 identified species of fish, molluscs and crustaceans. The country currently operates six primary fisheries, the most productive being the tuna catchments, along with prawn, lobster, sedentary, inshore and...
In 2011 Papua New Guinea’s economy was expected to experience 8.9% growth, driven primarily by the development of the $15.7bn ExxonMobil-led PNG Liquefied Natural Gas (LNG) project and its knock-on effects in the construction and related economic sectors. Further growth in 2012 will represent 12 years of uninterrupted economic expansion, and PNG’s...
Although it has 470,000 sq km of territory, just 5% of Papua New Guinea’s land is available for economic development, according to the National Research Institute (NRI). This long-standing paradox has impeded economic progress. However, a recent amendment issued in 2012 to the 2009 Incorporated Land Group (Amendment) Act (ILGA) provided the catalyst...
How you would assess the latest developments and investments taking place in the telecoms sector?
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