Although lower international commodity prices are impacting the pipeline of projects in the traditionally dominant mining sector, Papua New Guinea’s emergence as a major liquefied natural gas (LNG) exporter in 2014 has attracted global attention, with a second landmark LNG project moving towards a final investment decision in 2016. Construction of the PNG LNG project has increased the country’...
Papua New Guinea
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Chapter | Trade & Investment from The Report: Papua New Guinea 2014
Chapter | Country Profile from The Report: Papua New Guinea 2014
Some 80% of Papua New Guinea’s population lives in rural areas, which includes huge rain forests, rugged mountains and steep river valleys. Indeed, the difficulty of the terrain is a major reason why there are some 850 different native languages in the country, as clans and tribes have inhabited territories that are often close, but largely inaccessible, to each other. Comprising the eastern...
Papua New Guinea is poised for change, as the country’s mineral riches are providing a major opportunity for economic development through the exploitation of natural resources. The government’s five-year strategic plan focuses on key development enablers such as free education, improvements to health services, the strengthening of law and order, rural development projects and infrastructure construction.
The largest of the Pacific Island nations, Papua New Guinea (PNG) occupies the eastern half of New Guinea and hundreds of nearby islands. A mountainous and forested terrain has led to astonishing cultural and linguistic diversity, even as it inhibited development.
This section includes an article about the historic Kokoda Trail, as well as information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.
Chapter | Legal Framework from The Report: Papua New Guinea 2012
In partnership with Leahy Lewin Nutley Sullivan Lawyers, OBG takes a look at PNG’s legal system. Key points include investment incentives for foreign companies and the special status of much of PNG’s land. John Leahy, Partner, Leahy Lewin Nutley Sullivan Lawyers, shares a viewpoint on the origin of PNG’s legal code.