Papua New Guinea

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How successful do you feel the mining laws are at balancing the competing interests of the state and private sector developers?

What challenges do you foresee with the development of the stock exchange?

What are the major challenges in securing investments for Pacific Island countries?

What developments do you anticipate in the capital markets sector in 2012?

Australia’s relationship with Papua New Guinea must be one of the government’s highest foreign policy priorities. It is long past time for the relationship to mature and transition from aid donor and aid recipient status. Australia and PNG must now engage as full economic partners.

Papua New Guinea is at a crossroads today: the country is poised to enter a period of unprecedented economic prosperity, led by the PNG liquefied natural gas (LNG) project that is being developed by ExxonMobil. Revenue from this project is expected to double PNG’s GDP growth, and a second LNG project in the Gulf province, being developed by...

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