What role should development partners play in the context of the Papua New Guinea economy?
Construction
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Interviews & Viewpoints | Marcelo Minc, Country Director, Asian Development Bank’s (ADB) Papua New Guinea Resident Mission: Interview from The Report: Papua New Guinea 2015
Articles & Analysis | Government projects promote construction sector growth in PNG from The Report: Papua New Guinea 2015
Although Papua New Guinea’s construction sector contracted in 2014 after a four-year boom from the massive PNG liquefied natural gas (LNG) project, industry growth is expected to pick up again in 2015. New petroleum revenues are set to support the government’s sizeable infrastructure investment programme, which will see major improvements to roads, ports and airports,...
Articles & Analysis | PNG gets to work building affordable housing from The Report: Papua New Guinea 2015
First-time and low-income homebuyers in Papua New Guinea face significant obstacles to property market entrance. A five-year construction boom due to the recently completed PNG liquefied natural gas (LNG) project placed upward pressure on inflation, rents and property prices, while the nation remains one of the poorest in the Pacific, putting homeownership out of reach...
Chapter | Construction & Real Estate from The Report: Papua New Guinea 2015
Although Papua New Guinea’s construction sector contracted in 2014 after a four-year boom from the massive PNG liquefied natural gas project, industry growth is expected to pick up again in 2015. New petroleum revenues are set to support the government’s sizeable infrastructure investment programme, which is seeing major improvements to roads, ports and airports in preparation for the 2015...
Articles & Analysis | Gabon overcomes challenges to investing in construction from The Report: Gabon 2015
While the construction sector in Gabon has seen a slowdown compared to the boom in the years prior to co-hosting the 2012 Africa Cup of Nations (Coupe d’Afrique des Nations, CAN), construction remains central to the state’s economic development plans. As part of an overarching goal to diversify the economy through the Emerging Gabon strategy,...
Articles & Analysis | Gabon starts spending big on affordable real estate from The Report: Gabon 2015
According to a report published by the French Ministry of Finance in 2014, more than 75% of the urban population in Gabon currently live without a land title in dwellings with limited access to basic services. With continued urban growth at an average rate of around 30,000 new city residents per year, the gap between housing supply and demand...