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Articles & Analysis | PNG seeks to attract adventure tourists from The Report: Papua New Guinea 2017

 

With an increase in international sporting events in recent years attracting a growing number of visitors, Sports tourism has emerged a potential growth market for Papua New Guinea. Valued at $600bn a year, and expected to grow annually at around 6% for the next five years, sports tourism is a major contributor to the global travel industry....

Articles & Analysis | PNG investing to showcase tourism appeal from The Report: Papua New Guinea 2017

 

As one of the world’s most culturally diverse nations, Papua New Guinea offers visitors the chance to experience a country with unique appeal. Surrounded by coral reefs and volcanic islands, the natural beauty of PNG has seen the country gain international recognition as an increasingly popular tourist destination.

 

Papua New Guinea’s retail sector remains in its nascent stages, with the majority of the population remaining outside of the formal economy and low rates of urbanisation. The recent construction of the $19bn PNG LNG natural gas project provided significant support for retail expansion, although retailers have since grappled with a host of...

 

Although smaller than its petroleum, mining and agricultural sectors, Papua New Guinea industry and manufacturing are major contributors to the nation’s revenue base, and hold significant potential for future investment and development.

 

GOVERNMENTS & THEIR POWERS: There are three levels of government in Papua New Guinea: the national, provincial and local-level governments. The Constitution and the Organic Law on Provincial Government and Local-Level Government (Organic Law) regulate the legislative powers of the national,...

 

ETIQUETTE: “For every village a different culture” is the expression that best describes the social norms, cultures and languages of Papua New Guinea’s population. Most locals will greet you with a warm smile, and the salutation “monin tru”(“a very good morning”) is considered the polite...

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