While Papua New Guinea remains a relative newcomer to the global tourism stage, international arrivals to the country have risen steadily over the past decade, from just over 69,200 in 2005 to more than 198,600 in 2015, according to data compiled by the PNG Tourism Promotion Authority. Although notable, most of the increase has been driven by the influx of business travellers and workers that...
Home to a remarkable amount of biodiversity, rich volcanic soil, bountiful waterways and a moist tropical climate, Papua New Guinea possesses all the elements to fashion itself into a thriving agricultural exporter. These native assets have supplied the basic natural building blocks providing nourishment to country’s population throughout history, and more recently to the agribusiness industry...
Building on the momentum generated by the successful launch of the Papua New Guinea Liquefied Natural Gas project, the government continues to take the lead in stimulating construction activity in PNG, with various opportunities across the board from ports and road projects to a range of residential and commercial developments open to both domestic and foreign companies for participation and...
Often overshadowed by the extractive industries, Papua New Guinea’s industrial manufacturing, down¬stream processing and value-added sectors in fact serve as the largest formal employer in the country and continue to attract investment despite fiscal challenges presented by the current operating environment. Beyond employment, sustained long-term growth for PNG industry will be crucial for the...
Located on the eastern half of the island of New Guinea, Papua New Guinea is home to a rich supply of natural resources. However, with a geography characterised by tall peaks and deep ravines, miles of challenging coastline and a climate that encourages year-round vegetation, infrastructure can be difficult to place, install and maintain. While these topographical challenges sometimes make it...
The Papua New Guinea telecoms market is set to enter a new phase. After nearly a decade of rapid expansion, largely the consequence of Jamaica-based Digicel’s market dominance on the mobile side, and given state-run Telikom’s virtual lock on essential infrastructure, credible and effective competition may soon be arriving. A restructuring has been proposed that promises to combine Bmobile, the...
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