The World Bank estimates that improving internet access in Papua New Guinea could boost GDP by $5bn and create an additional 300,000 jobs by 2040. The completion of the Coral Sea Cable System and the National Transmission Network is integral to ushering in a new era in which digital technology can help address PNG’s development and financial inclusion challenges. This is...
An increasing share of commercial transactions are moving online, while digital technology continues to expand its reach into every facet of the traditional economy. This has provided businesses with new channels through which to reach existing clients, as well as new opportunities to expand their market share by developing a competitive digital offering. For consumers, the...
The Coral Sea Cable System (CSCS), backed by Australia, appears to be on track for completion by the end of 2019, bringing an additional 20 Tbps of capacity to Papua New Guinea as of 2020. Several project milestones have been completed, with all but the system commissioning stage of the project under way as of September 2019. At present PNG relies on two subsea optical cables...
Global food demand is expected to increase by anywhere between 59% to 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agricultural production will keep up with these challenges. In recent years climate-induced water shortages in urban areas have brought water scarcity to the...
Prime Minister James Marape is intent on putting agriculture, forestry and fisheries at the forefront of the government’s development agenda, with an eye to boost downstream processing of farmed resources. As attempts to galvanise the sector spur the development of Papua New Guinea’s key crops and catches, reforms are under way to ensure the country maximises the potential of...
Papua New Guinea’s efforts to establish special economic zones (SEZs) began in 2000 with the passing of the Free Trade Zones Act. However, PNG has yet to develop its first SEZ due to conflicts between the central and provincial governments, resulting in policy inconsistency and land disputes. For example, in February 2018 Allan Bird, governor of East Sepik Province, issued a...
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