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investment

PNG Government willing to support investors in tourism development projects

PNG Government willing to support investors in tourism development projects

The tourism sector is a significant economic pillar for Papua New Guinea. Prime Minister Peter O’ Neil said that his administration is keen on developing the tourism industry. Significant investment steps have already been undertaken by the PNG government to develop the tourism industry. Prime Minister O’ Neil recently commented that there was a need […]

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PNG looks to APEC and new energy developments to spur real estate market

PNG looks to APEC and new energy developments to spur real estate market

After a period of slow economy and rising costs, Papua New Guinea is expecting exciting changes in the residential property market for next year boosting both rentals and sales. Direct support from the government through investments in housing and infrastructure developments as well as indirect support through state spending to boost economy growth, will probably […]

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