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New operators and reforms in Papua New Guinea set to transform telecoms sector
OBG
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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,…

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Multi-modal transport plan targets nationwide connectivity in Papua New Guinea
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Located on the eastern half of the island of Papua, 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 problematic…

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Papua New Guinea retailers streamline operations to boost efficiency
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The retail sector in Papua New Guinea is coming off perhaps the biggest boom cycle in the country’s history after years of sustained investment in capital-intensive infrastructure and a long run of strong “supercycle” commodity prices, which the government depends upon as a foreign currency earner. While an economic slowdown and its ripple effects on the retail segment were expected following…

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Falling demand and commodity prices coupled with rising production costs challenge industry in Papua New Guinea
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Often overshadowed by the extractive industries, Papua New Guinea’s industrial manufacturing, downstream processing and value-added sectors in fact serve as the largest formal employer in the country and continue to attract investment in spite of fiscal challenges presented by the current operating environment. Beyond employment, sustained long-term growth of the industrial sector in PNG…

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Investors see potential in Papua New Guinea's affordable housing projects
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With only 3% of land available to the government to build on and develop, the real estate sector in Papua New Guinea operates in a unique environment. Despite the majority of land being under customary ownership, with ownership rights held by extended family groups, there are still a number of opportunities for foreign investors and development in the sector, with more on the horizon if government-backed…

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Private investment key to executing Papua New Guinea's construction pipeline
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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 on 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…

Overview

OBG talks to Allan Bird, Agricultural Development Consultant; Ilan Weiss, Chairman and Executive Director, Innovative Agro Industry; and Sir Brown Bai, Chairman, Rural Industries Council.
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Interview:Allan Bird With commodity prices down, is it time for agriculture to play a bigger role in Papua New Guinea? ALLAN BIRD: The general attitude of subsistence farmers can be constructive when needed but the important part is to understand and identify all the players in the sector. The landscape sector is the visible one because its stakeholders are taxable organisations and therefore…

Overview

Agriculture remains key growth driver as plans to add value get under way in Papua New Guinea
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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 the country’s population throughout history, and more recently to the agri-business…

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Papua New Guinea steps up tourism campaign for overseas visitors
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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 (TPA). Although notable, most of the increase has been driven by the influx of business travellers and workers that…

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How new laws may affect foreign enterprises in Papua New Guinea
OBG
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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 law-making powers of the national, provincial and local-level governments. Each level has its own distinct law-making powers. The law-making…