Construction & Real Estate

PNG Construction 2012
The construction sector in PNG has been booming over the past half-decade, driven by major initiatives such the PNG LNG project. The wealth of contracts available has fostered healthy competition between Australian firms, traditionally dominant in the local market, and newly arrived Western companies. Hoever, the influx of money and workers has created a bubble in office and residential prices and will almost certainly lead to oversupply when the major projects wrap up. At the same time, the anticipated increase in wealth will fund construction projects around the country, including urban developments outside of the big cities that will hopefully staunch urban migration. This section features an interview with Keith Fletcher, Managing Director, Fletcher Morobe Construction.
Cover of The Report: Papua New Guinea 2012

The Report

This chapter is from the Papua New Guinea 2012 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Keith Fletcher, Managing Director, Fletcher Morobe Construction
OBG talks to Keith Fletcher, Managing Director, Fletcher Morobe Construction

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