Sustained foreign direct investment has been flowing into Papua New Guinea’s (PNG’s) real estate sector ever since the $15.7bn ExxonMobil-led liquefied natural gas (LNG) project was announced. In...
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Economic Update | Papua New Guinea: Revising building projections
5 Nov 2012
Economic Update | Papua New Guinea: Balancing the budget
22 Oct 2012
The new government has targeted post-electoral stability with pledges to tame the budget deficit, boost infrastructure and curb expenditure. However, Papua New Guinea’s (PNG’s) opposition says Port...
Economic Update | Papua New Guinea: Construction eyes new horizons
2 Oct 2012
The construction sector in Papua New Guinea (PNG) has enjoyed rapid growth in recent years. The industry, worth just PGK265.6m ($126.38m) in 1994, is now one of the economy’s largest contributors to...
Economic Update | Papua New Guinea: Unlocking agriculture’s potential
19 Sep 2012
In addition to the environmental benefits, a focus on sustainable agriculture in Papua New Guinea (PNG) is expected to generate healthier sales of the country’s biggest products − palm oil and coffee...
Economic Update | Papua New Guinea: Transport overhaul
4 Sep 2012
The $15bn Exxon-Mobil-led liquefied natural gas (LNG) project has provided the catalyst for Papua New Guinea’s (PNG’s) transport sector’s first major overhaul since gaining independence 37 years ago...
Economic Update | Papua New Guinea: Expanding tourism
6 Aug 2012
With visitor arrival numbers and tourism spend both up in recent years, Papua New Guinea’s (PNG) tourism sector is showing solid signs of consistent growth. A renewed focus on niche markets,...
