The Minister for International Trade and Investment, Hon. Richard Maru, after his visit to Finschhafen in Morobe Province today says he is impressed with the proposed Finschhafen Integrated Special Economic Zone (SEZ).

Minister Maru visited the proposed hydro sites and the locations for the proposed limestone mining project and cement production, and the deep-sea port in Finschhafen.

Minister Maru said: “Finschhafen is blessed with God-given endowments in terms of their rivers for electricity generation, lime for limestone mining to produce cement to supply the needs of our country, and their location on the sea where they can build deep-sea port and export to the world. Our country needs cheap power and limestone for cement production. Finschhafen have the resources. They have the raw potential so the Government must support them to unlock that potential.”

Minister Maru emphasized on the importance of hydro and said: “Electricy is a big problem in the country. Counties like Indonesia are attracting more investments because they have cheap power (4 US cents per megawatt hour). We cannot compete with the rest of the world because the cost of our electricity is too high and unreliable. We need hydro. It is the mechanism to attract investment. Finschhafen have a lot of rivers. One day they will supply power to the nation and will be an asset to Papua New Guinea (PNG).”

Minister Maru thanked the local MP and Minister for Mining, Hon. Rainbo Paita and his Finschhafen District Development Authority (DDA) for their initiative and vision to transform their district by using the proposed SEZ.

“For six year they have been working towards this project. Unlike other districts and provinces, Finschhafen DDA has been the first to bring in world-class companies and experts to carry out investigation, feasibility studies and master plan for their proposed SEZ and align it with their 5-year District Development Plan and with our country’s agenda to replace imports and grow our economy,” said Minister Maru.

After visiting and appreciating the sites, Minister Maru will now be taking a Submission to the NEC next week for concept approval of the proposed SEZ.

“Finschhafen DDA has invested K6 million over the last 6 years to develop the proposed SEZ. The country needs this project. This project will replace imports, create jobs and will transform Finschhafen into a major industrial hub for PNG in the future,” said Minister Maru.

Meanwhile, the officers from the Department of Lands and Physical Planning are on the site for the proposed deep-sea port at Busega to complete the Land Investigation Report.

Minister Maru was very impressed with the support of the local people and their excitement to have work started on their proposed SEZ.

“The landowners, the Finschhafen DDA and the people of Finschhafen are keen for this project to take off after waiting for six years. I will make sure the SEZ License is granted this year for the proposed SEZ,” said Minister Maru.

Mayur Resources Limited is pleased to provide an update on the construction progress at the Central Lime Project (CLP), located in Papua New Guinea. Development activities continue, with significant milestones achieved in wharf construction, site preparation, and early infrastructure works.

The Company continues to de-risk the Project through strategic Engineering, Procurement, and Construction (EPC) contract negotiations, reinforcing cost certainty ahead of major construction activities.

Highlights:

• Wharf Stage 2 – Sheet piling installation complete at Roll-On/Roll-Off (Ro/Ro) ramp; finger wharf with forecast completion in early Q2 2025.
• Wharf Stage 3 – Operability study finalised; concept design completion targeted for early Q2 2025.
• Early Works – Construction is underway for a fuel storage area, site accesses, and community infrastructure.
• Civil Design Complete – Bulk earthworks scheduled to commence following Final Investment Decision (FID).
• Service Road – 27.6km design concept finalised; bridge abutment geotechnical investigations planned for Q2 2025.

Wharf Construction Progressing as Planned

Stage Two of wharf construction is underway, and all sheet pile materials have been delivered to site. Installation of the Ro/Ro ramp and the finger wharf is progressing well and is forecast to be completed early Quarter 2 2025.

Following the Wharf Stage 3 operability study, the concept design phase is progressing as planned, with finalisation expected this month. This marks another key milestone in establishing a multi-purpose bulk and containerised cargo wharf ensuring its long-term capacity.

Early Works and Site Preparation Continue

Early construction activities continue across multiple infrastructure areas, including:

• Development of the fuel storage facility;
• Upgrades to internal site access routes; and
• Relocation of the community recreational facilities.

With site civil design works now complete, the Project is positioned to commence bulk earthworks immediately following FID.

Service Road and Bridge Engineering Advancing

The design of the 27.6km service road, a vital logistics corridor for the Project and a critical transport link for the Kido community, has been finalised. Geotechnical investigations for the two bridge abutments are scheduled for Q2 2025, with findings to guide detailed engineering and construction works later in this calendar year.

Next Steps

With multiple workstreams advancing in parallel, the Project is well-prepared to transition to full-scale construction. Further updates will be provided as and when key milestones are achieved.

The Papua New Guinea Chamber of Resources and Energy (PNG CORE) provides further details on its Climate Change Policy initiative to address the challenges and opportunities of climate change in Papua New Guinea (PNG).

This policy aligns with the International Standard for Sustainable Development and emphasises PNG CORE’s commitment to collaboration and sustainability, as well as its strategic priorities.

The vision of PNG CORE is to guide Papua New Guinea’s resources and energy sectors in managing climate change through cooperation and innovative solutions. PNG CORE aims to support policies and actions in line with the Paris Agreement to mitigate climate change impacts and promote sustainable development. Additionally, the Chamber seeks to enhance climate resilience through knowledge sharing, capacity building, and technology transfer.

PNG CORE Sustainability and Climate Change Committee Chair Felix Kipalan states, “PNG CORE encourages responsible practices to reduce greenhouse gas emissions and protect biodiversity. Engaging stakeholders in dialogue to promote climate-smart investments and initiatives is also a key focus. Furthermore, we are dedicated to helping communities, especially those dependent on the resources and energy sectors, adapt to climate change and build resilience.”

To achieve these goals, PNG CORE has outlined several key objectives:

• Policy Advocacy: PNG CORE aims to integrate climate change considerations into national policies and development plans, support the strengthening of appropriate regulatory frameworks for climate action through collaboration, and advocate for incentives to support climate-friendly investments and practices.
• Capacity Building and Education: PNG CORE supports members’ individual actions in relation to awareness and training programs on climate change adaptation and mitigation, development of educational materials, and partnerships with educational institutions to include climate-related topics in their curriculum.
• Innovation and Technology Transfer: PNG CORE will facilitate knowledge exchange and technology transfer, support research and development for climate solutions, and promote clean and renewable energy technologies.
• Stakeholder Engagement and Collaboration: PNG CORE is committed to convening forums and networking events for stakeholders, partnering with industry associations, NGOs, academia, and civil society organisations, and establishing working groups to address specific climate challenges.

“Our members are committed to community empowerment and resilience building by supporting community-led initiatives for climate resilience and sustainable livelihoods, providing technical assistance and funding for community-based projects, and promoting inclusive decision-making processes that prioritise impacted communities,” said Mr. Kipalan.

Kumul Petroleum Holdings Limited (KPHL), Papua New Guinea’s national petroleum and energy company, has successfully completed its seismic acquisition campaign across the Kimu and Barikewa petroleum retention licences, where it acts as operator.

KPHL Managing Director Wapu Sonk confirmed the milestone, stating:

“On Wednesday, 26th March, we completed the final shot point on a seismic line within the Kimu licence, and demobilisation of the seismic crew has commenced. This marks the successful conclusion of our seismic acquisition program across both PRLs.”

The objective of the seismic survey was twofold: firstly, to acquire additional geological data aimed at better defining the extent of known hydrocarbon accumulations, with the goal of increasing the certified volumes of recoverable oil and gas; and secondly, to identify optimal locations for potential delineation and exploration wells.

“This campaign represents the first upstream exploration work undertaken by Kumul Petroleum since our establishment in 2010,” Mr Sonk added. “It is a significant step forward for the company, and we are optimistic about the insights the data will provide as we move into the next phase of resource development.”

The six-month seismic campaign, carried out by contractor OilMin Holdings, involved the acquisition of six seismic lines and provided employment for 477 local workers from remote areas in the Gulf and Western Provinces. The nature of seismic line cutting — being highly labour-intensive — provided substantial short-term economic benefits to the local communities.

Mr Sonk emphasised that strong community engagement was a cornerstone of the program’s success.

“Kumul Petroleum and OilMin worked collaboratively with landowners and community leaders. Although our presence in each area was temporary, we made it a priority to contribute positively — including providing support to primary schools in Kaiam and Kumusi.”

He also praised the outstanding safety performance during operations, attributing it to the combined experience of OilMin and KPHL’s project teams.

“Kumul Petroleum is making significant investments in both offshore and onshore petroleum retention licences to delineate hydrocarbon resources and shape development concepts that are technically and economically viable,” Mr Sonk said.

The successful execution of this program reinforces KPHL’s growing role in upstream exploration and resource monetisation, particularly in licences previously deemed uneconomic or stranded.

Data from the seismic program is now being processed, with interpretation and integration into KPHL’s existing geological models expected to take approximately six months.

Prime Minister Hon. James Marape officially opened the newly redeveloped Kiunga Airport terminal in North Fly District of Western Province, marking a significant milestone in Papua New Guinea’s national infrastructure agenda and reaffirming the Government’s commitment to connecting remote communities through transformative public investments.

The occasion marked the launch of a K70 million infrastructure upgrade under the Civil Aviation Development Investment Programme II (CADIP II)—a flagship initiative co- financed by the Asian Development Bank (ADB) and the Government of Papua New Guinea, implemented by the National Airports Corporation (NAC).

This major project includes the construction of a new Type C terminal building, the strengthening and widening of the runway, apron and taxiway pavements, new aircraft parking pads and helipads, a new access road, and NAC staff housing, among other components. Once completed, the upgraded facilities will comply with International Civil Aviation Organisation (ICAO) standards and PNG Civil Aviation Rules, as administered by the Civil Aviation Safety Authority (CASA PNG).

“This is not just an airport project. It is a bold signal that Western Province is not forgotten,” Prime Minister Marape stated. “Kiunga sits at the heart of what I call the ‘Midwest’ of Papua New Guinea—linking the Highlands, Southern, and Gulf regions. It is a growth centre in the making.”

The event also featured the signing of a Memorandum of Agreement (MoA) between NAC, the Fly River Provincial Government, and contractor China Civil Engineering Construction Corporation (CCECC)—the firm awarded the contract in September 2024. Preliminary works commenced earlier this month, with full project delivery scheduled for completion within two years.

CCECC has mobilised to Kiunga and is progressing with site preparation. Upon completion, the upgraded runway and taxiway pavements are expected to last five to ten years without major maintenance. The new terminal facilities will improve passenger and cargo processing and create employment opportunities for local residents.

Prior to launching the CADIP II works, Prime Minister Marape inaugurated a newly constructed K7.8 million terminal, jointly funded by the North Fly District Development Authority (K4.5 million) and the PNG Sustainable Development Programme (K3.3 million). A commemorative plaque was unveiled to honour the occasion.

“I commend local leadership, particularly Hon. James Donald, for making prudent use of district funds to deliver real infrastructure for our people,” Prime Minister Marape added.

Prime Minister Marape reminded all Members of Parliament and development stakeholders that public funds must yield visible results. He emphasised that his government has transferred more than K5.6 billion directly to districts over the past six years—an unprecedented redistribution of national wealth from Waigani to the people.

“Districts that deliver results will receive more. Kiunga and North Fly are leading by example,” he said.

He urged citizens to hold elected leaders accountable for the effective use of district development funding.

The Kiunga Airport Upgrade is part of a broader nationwide initiative to modernise Papua New Guinea’s aviation network under CADIP II. Other major works include:

• Aropa Airport (Autonomous Region of Bougainville)
• Hoskins Airport (West New Britain)
• Wewak Airport (East Sepik)
• Air traffic control upgrades at Port Moresby and Goroka airports by NiuSky Pacific Ltd
• Rural airstrip rehabilitation through the Department of Transport

Kiunga Airport also benefited under CADIP I (Tranche 3), which provided K10 million for perimeter fencing and security upgrades.

“I thank ADB for remaining a true development partner,” said Prime Minister Marape. “While others turned away, ADB stayed with us. Projects like this show what partnership, vision and commitment can achieve.”

Prime Minister Marape called for the extension of Kiunga’s runway to accommodate night landings and larger aircraft, noting the town’s growing significance with resource projects like P’nyang LNG and Stanley LNG.

He also reiterated the Government’s intent to invest in other strategic towns in the Southern Corridor, including Daru and Kerema, and to continue developing rural airstrips to improve access and service delivery.

“We are growing Papua New Guinea—one project at a time, one district at a time. We must keep moving forward with enabling infrastructure that connects our people and unlocks our nation’s full potential,” Prime Minister Marape concluded.

Prime Minister Hon.James Marape has announced that a comprehensive review of the Ok Tedi Mine operations will be conducted before June 2025, reaffirming his government’s commitment to ensuring fair and sustainable benefits for the people of Western Province.

Speaking at the launch of the Kiunga Airport terminal redevelopment, Prime Minister Marape said the people of Western Province—particularly those living in impacted communities—deserve a greater voice in how mining benefits are shared and invested.

“You are entitled to a mine review. The Mining Minister and his team will assemble a team to begin this process, and your community has every right to present your case,” Prime Minister Marape told local leaders and residents.

Prime Minister Marape stressed that the goal of the review is not to stop mining operations, but to ensure that the dividends and revenues generated are managed wisely and transparently.

“We must not kill the golden goose. The dividends from Ok Tedi must be used to sustain development—some for investment, and some for essential services and infrastructure,” he said.

He reminded stakeholders that Ok Tedi is one of Papua New Guinea’s most valuable national assets, and its long-term value lies not only in what is extracted from the ground, but in how those proceeds are used to build lasting institutions, infrastructure, and livelihoods.

Prime Minister Marape noted that the review will include consultation with all relevant parties—including landowners, provincial authorities, local-level governments, and national stakeholders—to ensure transparency and collective decision-making.

“Our people must benefit not only today but long after the mine closes. That means planning now—investing in roads, schools, hospitals, and economic alternatives.”

He reiterated that development should not stop with mining, and that Western Province must prepare for a post-mining economy. He highlighted that resource projects must be catalysts for long-term community resilience, not short-term wealth.

Prime Minister Marape also pointed out that since 2019, his government has transferred more than K5.6 billion to districts across the country, including millions of kina to North Fly, Middle Fly, and South Fly districts.

He called on local leaders to account for how these funds are being used and urged communities to engage constructively in the upcoming mine review process.

“We want the dividends from Ok Tedi to work for you—not just be saved in accounts. That money must fund projects that improve lives now and into the future.”

The Prime Minister’s call for a mine review aligns with his government’s broader development agenda — anchored on accountability, fair resource sharing, and inclusive economic growth.

“Let us work together to ensure that the people of Western Province are not left behind. This review is about protecting your future, your children’s future, and making the most of the opportunities we have today.”

The Ok Tedi Mine review process will begin before mid-year, and outcomes will help shape the next phase of resource governance and community development planning in Papua New Guinea.

Prime Minister Hon. James Marape has acknowledged the recent decision by the United States to impose a 10 percent tariff on all Papua New Guinean exports into the American market.

Prime Minister Marape said that the Government had been formally briefed by the Department of Foreign Affairs and recognises that the tariff imposition is a decision made under the current U.S. administration’s domestic trade priorities.

“As a sovereign nation, we respect the right of the United States Government to make trade policy decisions in accordance with its national interest,” Prime Minister Marape said. “We have no issue with this development and do not intend to retaliate with counter tariffs, as others may have done. Instead, we reaffirm our long-standing commitment to free and fair trade.”

The Prime Minister said that Papua New Guinea values its bilateral relationship with the United States, a country that shares many of the same principles of democracy and open markets.

“The U.S. remains one of the world’s largest free-market democracies, and Papua New Guinea shares this worldview,” he said. “We are a democratic nation that believes in rules- based international trade. While we reserve the right to protect our domestic industries when needed, in this instance, we will not respond with hostility or punitive measures.”

Prime Minister Marape noted that Papua New Guinea’s trade footprint is increasingly diversified, with strong and growing markets in Asia, Southeast Asia, the broader Pacific region, Japan, South Korea, India, Thailand, Vietnam, Australia, New Zealand, and Europe.

“Our trading partners in Asia — including China, Indonesia, Malaysia, the Philippines, and others — have treated Papua New Guinea with respect, honour, and fairness,” he said. “These are our closest neighbours and represent proximity markets that continue to offer growing opportunities for our producers.”

“We will continue to strengthen our trade relations in Asia and the Pacific, where our produce is welcomed. If the U.S. market becomes more difficult due to this tariff, we will simply redirect our goods to markets where there is mutual respect and no artificial barriers.”

The Prime Minister concluded by reiterating PNG’s openness to all partners, including the United States, but stated clearly that the country would act in its best interests without compromising its values.

“We remain open for trade, we remain a friend to all, and we will continue to stand by our principles of cooperation, respect, and economic diplomacy.”

You will never know the adventure, beauty and unique experience PNG truly has until you, travel with confidence, with Trans Nuigini Tours.

As Papua New Guinea’s leading inbound tour operator, Trans Niugini Tours has been offering world-class travel experiences for over 38 years.

With a reputation for excellence, the company not only manages award-winning wilderness lodges but also operates its own fleet of aircraft, vehicles, and boats, ensuring an unmatched standard of service and safety for travelers.

 A trip with Trans Niugini Tours is like a journey through culture and nature. Trans Niugini Tours provides unique opportunities for adventure seekers, cultural enthusiasts, and nature lovers to explore the stunning landscapes and vibrant traditions of PNG, known as the land of the unexpected. From the Sepik River cruises to immersive experiences in the PNG Highlands, the company curates exceptional itineraries designed to showcase the country’s rich heritage.

Trans Niugini Tours proudly organizes and facilitates visits to some of Papua New Guinea’s most spectacular cultural events. Among the 2025 festival highlights are:

• Tumbuna Festival: The Tumbuna Sing-sing is a celebration of culture and tradition - celebrating 'pasin bilong Tumbuna,' the way of the ancestors.
• Wahgi Festival: A celebration of tribal customs and artistic expressions in the PNG Highlands.
• Melpa Festival Tour: A 12-day, 11-night guided experience across three diverse locations in the country.
• Mount Hagen Cultural Show: A vibrant showcase of Papua New Guinea’s various tribes, featuring traditional attire, dance, and song.
• Goroka Cultural Show: One of PNG’s most famous events, held annually in September, where indigenous groups present their customs in a grand spectacle.
• Kalam Festival: A rare chance to participate in the cultural ceremonies of the Simbai Valley’s highland tribes.

These festivals offer travelers an unparalleled chance to engage with PNG’s indigenous communities, witness elaborate cultural displays, and gain deeper insights into the country’s diverse traditions.

Premium Lodging and Exclusive Tours

To complement these unique experiences, Trans Niugini Tours owns and operates several luxury wilderness lodges, including:

• Ambua Lodge: Nestled in the Tari Highlands, offering stunning rainforest views and access to Huli culture.
• Karawari Lodge: Located along the Sepik River, providing an authentic experience of PNG’s river communities.
• Rondon Ridge: A scenic retreat overlooking the Wahgi Valley, ideal for birdwatching and exploration.
• Lake Murray Lodge: A tranquil escape with rich wildlife encounters.
• Bensbach Lodge: A premier wildlife location in Papua New Guinea.

Trans Niugini Tours ensures a seamless and enriching journey for travelers seeking adventure, culture, and natural beauty with carefully curated itineraries and exclusive accommodations.

For those eager to embark on an unforgettable expedition to PNG, Trans Niugini Tours guarantees safety, reliability, and a deeply immersive travel experience. Interested travelers can explore available itineraries and book their next adventure by visiting pngtours.com or contacting +675 719 89397.

Green Hills Accommodation Village is your ideal destination, located just 5 minutes from Motukea Wharf and 8 minutes from the Port Moresby CBD. Designed to cater to business travelers, corporate groups and individuals, Green Hills offers an all-inclusive stay with no extra charges for daily meals and laundry, plus a full range of services, all in one convenient location.

Why do Corporates and groups choose Green Hills?

Due to its convenient location close to two main business hubs and its all-inclusive rates, many corporates - such as Santos, Consort and P&O Shipping – as well as large groups and sporting teams, rely on Green Hills to accommodate their staff for short and long-term stays – from juniors through to Executives. Bookings and packages can be tailored to suit, with hassle-free bookings for additions such as Airport transfers, use of a meeting or conference room, and catering. Our clients keep coming back as Green Hills offers affordable accommodation that is comfortable and secure, and reliable.

Who is behind the Green Hills operations? 

Green Hills Accommodation Village now operates under the banner of ‘Green Hills Hospitality Services Limited’ - a strategic joint venture between two well-known and reputable businesses: Peuna and PNG CR Services. Peuna brings a wealth of experience in facility management and catering services, while PNGCR brings to the table facility ownership and construction and maintenance capability. This partnership ensures high-quality service, top-tier security, and international hospitality standards for all guests.

Green Hills Accommodation ticks the boxes of affordable, comfortable and fully serviced accommodation.

Rooms and Inclusions

With 83 well-appointed rooms, Green Hills Accommodation Village offers:

• 71 Standard Rooms – 370 PGK + GST per night
• 12 Premium Rooms – 430 PGK + GST per night
• Executive Suite for a luxurious stay
• A conference / training room.

All room rates include:

• Buffet meals (breakfast, lunch & dinner) in a restaurant with international food safety (HACCP – ISO2200) certification.
• Unlimited Wi-Fi
• Laundry services
• Daily housekeeping
• Access to recreational spaces, outdoor gym & basketball court
• Conference room, with catering services available

Premium Rooms Added Luxury & Perks

Guests who opt for a Premium Room enjoy exclusive benefits such as:

• Daily amenities service
• Workspace
• In-room espresso machine with coffee pods
• Beverage vouchers for each night of stay

Dining & Social Spaces

The restaurant has international food safety certification (HACCP – ISO22000) and serves buffet meals with quick service for busy professionals.

If guests prefer a wind down, the on-site Fairfax Bar opens on Monday to Friday (4:30 PM – 9:30 PM) and extended hours on weekends, serving a range of beverages to choose from.

There is always something to look forward to at Green Hill’s Fairfax Bar – a friendly bar perfect for unwinding after a hard day with a view of the Fairfax harbour, great sunset vistas and icey-cold beer. If you ever want to catch a game you can be sure it will be showing on our big screen. Fairfax has different offerings throughout the week such as:

• Friday Pizza Night – the team will make you a bespoke pizza from our selection of toppings and cook it right there and then. 
• ‘Sunday Specials’ - a great way to step out in the afternoon for Hot dogs and burgers topped off with live entertainment.
• Saturday night barbeques which provide an opportunity to step outside and network to further grow guests’ connections.
• Even for the last Saturdays of every month, there is a live entertainment and a chance to show off your karaoke skills!

If you are a coffee and chat type of person, the Green Hills Village has Bunka Café, a perfect spot for meetings over coffee.

Security & Convenience at the Forefront

Guest safety is priority at the Green Hills Accommodation Village having 24/7 security provided by G4S and an additional security firm, ensuring a safe and peaceful environment.

Several leisure options are provided for guests, including a track walk around the area, gym sessions, and basket games.

For hassle-free travel, we offer airport transfers through National Security Service (NSS), a trusted service with armed escorts to guarantee your safety from arrival to departure.

Green Hills offers customized packages for large groups, with no extra allowances or ‘per diems’ required! Our all-inclusive pricing provides significant savings compared to other accommodation options.

Book Your Stay Today!

Whether you're in Port Moresby for work, meetings, or long-term projects, Green Hills Accommodation Village ensures a comfortable, secure, and hassle-free experience.

For bookings and inquiries, contact Green Hills Hospitality Services Limited today and experience the best corporate accommodation!

NiuDeck from PNG Forest Products is a cost-effective heavy plywood decking system, purpose designed and engineered for re-decking traditional timber and steel bridges for road, wharf and rail applications.

With a treatment warranty of 50+ years, NiuDeck requires little maintenance due to PNGFP’s unique veneer preservation treatment, which ensures complete protection from termites, fungal decay and rotting. Quick and easy to install, the product’s durability and longevity are further enhanced with the application of a bitumen surface.

Another great advantage of NiuDeck is its facility to widen existing bridges through the use of cantilevers. This allows for the provision of pedestrian walkways or wider lanes for vehicle safety.

The product’s light weight and ease of installation adds to the cost savings with ease of transport and shortened installation time, making NiuDeck a far more cost-effective solution than other building materials such as concrete and steel.

NiuDeck is manufactured from 100% sustainable PNG plantation pine and capitalises on the advantages of natural timber, which is not subject to fatigue failure, unlike other materials such as steel and concrete.

Suitable for a range of load conditions including Austroads T44 and AS 5100 Bridge Design, NiuDeck is used widely by local and state governments in Australia and New Zealand due to the product’s superior strength, light weight, durability, flexibility, fast installation time and low cost.

The peak body for the timber industry in Queensland has welcomed these products as a demonstration of the versatility and innovation of using Engineered Wood Products in bridge construction.

“Using prefabricated timber systems in bridges is gaining greater market recognition due to their inherent strength, light weight and low carbon emissions footprint compared to other construction materials”, said the CEO of Timber Queensland, Mick Stephens.

PNG Ports Corporation, the owner of 15 of PNG’s ports including the international terminals of Port Moresby and Lae, is pleased to announce the appointment of Deborah Onga as Chief Commercial Officer, effective 1 April 2025.

Onga will head the Commercial Division with some of her core responsibilities being further commercialisation of Ports assets, the development of the Lae Industrial Park and stakeholder management.

Onga brings a wealth of experience across multiple sectors include maritime, logistics and property development.

"PNG Ports is delighted to have secured Ms Onga as our Chief Commercial Officer” said Neil Papenfus (CEO, PNG Ports).  “Not only is she an exceptional corporate commercial lawyer, but she also brings with her considerable experience specific to several of our corporate objectives, including those pertaining to large-scale land development projects, as well as to our multi-million Kina port refurbishment programme.”

Papenfus also pointed out that Onga’s appointment is in accordance with PNG Ports’ gender equality programme, as well as the Government’s.

Onga expressed her enthusiasm about joining PNG Ports. "I am honoured to join one of our Nation’s SOEs and look forward to contributing to its legacy of driving PNG’s development and prosperity.  I am also thrilled by the prospect of playing a leading role in helping shape a new era of innovation and commercial excellence for PNG Ports.

In recognition of World Tuberculosis (TB) Day, Businesses for Health Papua New Guinea (B4H) visited Cricket Papua New Guinea (CPNG) for an informative, interactive session and fielded lots of questions dedicated to the National Men’s and Women’s Cricket Teams and the Cricket PNG Staff.

In a different kind of training session for the Baramundis, Lewas and Siales, B4H aimed to empower the country’s sporting heroes as role models in the fight against TB, a disease that disproportionately affects young, working-age individuals in PNG.

“Despite their elite status, our athletes are not immune to TB,” said Margaret Sibona, Cricket PNG’s Senior Manager for Special Projects.

During the session many players acknowledged losses of family, friends and players to the disease.

“The rates of TB in the big villages are so high. Our players can play a part in raising awareness about TB, HIV and childhood vaccinations,” Sibona said.

“Our focus is on the importance of early TB case finding, and the need to change societal mindsets regarding coughs and respiratory health. With TB rates remaining alarmingly high in the NCD (National Capital District), even the healthiest among us can be affected,” said Teresa Koratsi TB HEO with B4H.

Dr Ann Clarke, director of Businesses for Health PNG, said: “On this World TB Day, we are so pleased to take a step towards ending TB by equipping our sporting icons with the knowledge they need to lead and support early case finding.”

“By encouraging everyone to check every cough for TB, we can work together towards a healthier sports community and a healthier PNG.”

Nursing officers Lowen Sihare and Sharlo Lung provided the players with information and answers about TB prevention, free treatment, the importance of early detection, and ways to support those affected by the disease.

B4H and CPNG look forward to exploring how together they can leverage their unique platforms to inspire change and promote health awareness among their fans, workplaces and communities.

For more information about the event or to schedule interviews with key speakers from CPNG or B4H please contact Dr Clarke at annmclarke@businesses4health.com.

Papua New Guinea (PNG) CR Services has successfully completed the construction of the dormitories and mess hall supporting the first Regional Centre of Excellence (RCOE) under the Pacific Policing Initiative (PPI).

The facility was officially opened on March 21 in Port Moresby by Royal Papua New Guinea Constabulary (RPNGC) Deputy Commissioner Dr. Philip Mitna and Australian Federal Police (AFP) Assistant Commissioner Nigel Ryan.

Located in Bomana, the state-of-the-art RCOE is the first of four centers to be established across the Pacific to enhance policing capabilities through targeted training and development.

The completion of this landmark project underscores PNG CR’s commitment to excellence in construction and infrastructure development, as it delivered the project to fruition within ambitious timeframes.

The firm’s dedication “to quality, efficiency, and innovation ensured the timely completion of the RCOE, fully aligned with the stakeholders' objectives and the region’s security goals,” the PPI said.

The Australian Federal Police and Australian High Commission (AHC) provided crucial support throughout the initiative.

PNG CR’s CEO, Allen Tyson, expressed gratitude for the continued partnership, thanking the AFP and AHC for their trust.

During the opening ceremony, Deputy Commissioner Dr. Philip Mitna emphasized the importance of the RCOE in strengthening regional security cooperation.

He said: "The police-to-police collaboration between PNG and Australia has never been stronger. This RCOE marks a significant milestone that will equip our officers with the necessary skills to address emerging security challenges."

AFP Assistant Commissioner Ryan added: "The AFP is proud to see the completion of the first RCOE, made possible by our close collaboration with Pacific partners.”

“This facility, built with PNG CR's expertise, will play a pivotal role in empowering law enforcement agencies to combat cross-border crime," said Ryan.

In a statement, PNG CR Services said it remains committed to supporting PNG’s development by delivering high-quality infrastructure solutions, underscoring its ability to manage large-scale projects and contribute to the growth and security of the region as PNG approaches its 50th Jubilee of Independence.

Papua New Guinea has a New Mining Minister, as Prime Minister James Marape announced on 25 March the appointment of the member for Finchaffen, Hon. Rainbo Paita, to the position.

Marape made the announcement before departing for an official visit to New Zealand.

He confirmed that Paita would assume responsibility for the Mining Ministry following a Cabinet reshuffle prompted by the resignation of Namatanai MP Walter Schnaubelt, who stepped down to contest the vacant New Ireland governor’s seat.

As part of the reshuffle, the Prime Minister reassigned outgoing Mining Minister Hon. Wake Goi to oversee the Transport and Civil Aviation Ministry.

Marape outlined key priorities for both ministers, emphasizing the importance of continuity and progress in their respective portfolios.

"I have tasked Minister Goi to ensure the completion of key airport and terminal projects at Boram, Tokua, and Buka, as well as ongoing works at Wapenamanda, Kerema, and Daru airports," he said.

Marape also underscored the significance of finalizing the Community Development Agreement (CDA) for major mining projects, particularly the Porgera and Wafi Golpu mines in PNG.

He stated that Minister Paita would play a crucial role in facilitating these agreements and ensuring the smooth operation of the mining sector.

Paita has been a Member of Parliament for the Finschhafen Open seat since 2017. He is the leader of the Papua and Niugini Union Party (PANGU) and has held various ministerial portfolios, including Minister for National Planning and Monitoring, Minister for Finance and Implementation, and Minister Assisting the Prime Minister.

Paita has been a key figure in Papua New Guinean politics, and his party has played a significant role in supporting the government. In 2024, he led his party back to the government, citing the need for national unity and stability.

As Minister Assisting the Prime Minister, Paita has been working closely with Marape to advance the country's goals and introduce alternative policies to stabilize the economy.

Rugby League is a national obsession in Papua New Guinea and the award of a team franchise to compete in Australia’s NRL from 2028 will come as a major economic boost for the country, as well as helping to deepen its ties with Australia, says Westpac Senior Economist Justin Smirk, fresh off the back of his visit to PNG.

The Hunters NRL team was a major topic of conversation among delegates at the CEO100 business summit in the capital Port Moresby in March, contributing to a broader sense of optimism towards the PNG economy.

Strong commodities prices underpinned robust GDP growth of 4.3 per cent in 2024 and we see the momentum continuing into 2025, forecasting a further pick up to 4.7 per cent.

That PNG was able to achieve this in the face of some meaningful headwinds is remarkable. As outlined in the latest Westpac Business Advantage PNG CEO100 Survey, these headwinds include a significant lack of foreign exchange, security law and order issues, unreliable utilities, a lack of government capacity, regulatory uncertainty, and a shortage of skills and expertise.

The restart of the Porgera gold mine in late 2023, after being shuttered since 2020 over a dispute between the government and operator Barrick Gold, has been timely with bullion prices surging more than 30 per cent in the past twelve months.

PNG has also enjoyed strong export earnings from its coffee and cocoa production after weather-related disruptions in other key growing areas round the world led to a spike up in prices.

We expect other parts of the economy such as services and domestic industries to make more of a contribution in the year ahead, while the outlook also looks more promising for PNG’s other key resources exports: liquefied natural gas and nickel.

While growth is chugging along nicely, inflation is high in PNG and remains a risk to the outlook. The central bank increased interest rates by a full percentage point to 4 per cent back in September to keep a lid on price pressures, and we can’t rule out further policy tightening.

Like every other trade-reliant nation, PNG is also vulnerable to the potential impact on the global economy from President Trump’s protectionist policy agenda.

PNG is unlikely to see much direct impact from Trump’s trade tariffs due to its minimal trade exposure to the U.S., but we remain vigilant about their effects on some of PNG’s key trading partners.

There is also the potential for further improvements to mitigate some of the headwinds outlined in the CEO100 Survey which would make a significant difference to potential growth rates.

Deeper ties

The Hunters NRL team will start out life from this relatively strong economic backdrop and can offer further impetus for growth.

It’s a nation-building project that will require significant investment in stadium upgrades and training facilities, as well as transport and tourism infrastructure.

It will create a host of job opportunities, from training and support staff with the team itself to local businesses expanding their workforce to meet rising demand around game days. On a broader level, the tourism industry will look to capitalise on a higher profile for PNG in its biggest target market, Australia.

Beyond the economic benefit, PNG’s entry into the NRL will help to deepen cultural ties between the two countries, potentially opening up further avenues for cooperation and collaboration.

Adyton Resources Corporation is pleased to announce that it has now been drilling for over a week on its 100% owned Feni Island Gold-Copper Project in PNG. Two core drilling rigs have been deployed, with plans to operate both rigs continuously on day and night shifts. Adyton contracted Zenex drilling from Lihir to undertake the program, targeting to drill up to 8000 m.

HIGHLIGHTS

• Two core drilling rigs in production at Feni Island Gold-Copper Project
• This drill program targeted to grow the MRE to >2.5 Moz Au, and target a pathway to 5 Moz Exploration Target.
• “The striking similarities between the geological setting and mineralisation style at Lihir and Feni suggest a high exploration potential of the latter where the mineralisation is concealed by young volcanic cover.”

“This is a significant milestone and following on from the commencement of drilling on our Fergusson Island project in December 2024 funded via our JV demonstrates Adytons ability to advance our on-the-ground activities in PNG in an efficient and effective way,” stated Tim Crossley, Chief Executive Officer. “Commencement of an approximately 8000 m diamond drill program is a significant milestone being the first time Adyton has drilled on Feni since its successful 2021 program.”

As noted by world renowned Geologist Dr Daniel Müller in a recent review of Adytons work on Feni Island, “The striking similarities between the geological setting and mineralisation style at Lihir and Feni suggest a high exploration potential of the latter where the mineralisation is concealed by young volcanic cover.” “Suffice to say that given the geological similarities to Lihir and the Island Chains prolific history of Tier 1 discoveries, we are very confident that as a result of this drill campaign, Adyton will be able to significantly expand on its existing foundation MRE of 1.46 Moz and demonstrate that Feni supports a large scale, expandable and rich mineral system.”

“In being able to deliver this milestone to commence drilling again at Feni I would like to acknowledge the hard work of our COO Dr Chris Bowden, his team of PNG national geologists, and most importantly, the people of Feni Island who have provided unwavering support to Adyton.”

Chris Bowden, Adyton COO, also commented: “It is great to see the drill rigs turning at Feni, and knowing that this drilling program will be able to systematically test the Kabang mineralised system, and deliver high-confidence outcomes. The geology across Feni Project is highly prospective, and the initial drilling at Kabang is only just scratching the surface for the whole islands’ gold-copper mineralization potential. This program is targeted to grow the MRE to > 2.5 M ounces and demonstrate a pathway to achieve our initial exploration target of 5 M ounces.”

The Green Finance Summit 2025 marked a strong set of commitments and partnerships, reinforcing the country’s green finance agenda and accelerating its position as a leader in sustainable finance across the Pacific region.

This summit was hosted by the Green Finance Centre (GFC), under the auspicious of the Central Bank of Papua New Guinea (BPNG), brought together senior government officials from the Treasury, Energy, Agriculture, Labor, Forestry, and Environment Ministries in PNG, along with leaders from Agence Française de Développement (AFD), Asia Development Bank (ADB), International Finance Corporation (IFC) member of the World Bank Group, International Monetary Fund (IMF), New Zealand’s Ministry of Foreign Affairs and Trade (MFAT), United National Development Program (UNDP), United Nations Capital Development Fund (UNCDF), Alliance for Financial Inclusion (AFI), and the Global Green Growth Institute (GGGI), and Bank South Pacific (BSP), Kina Bank, ANZ PNG, MiBank, Mama Bank and more.

Significant announcements and agreements were made throughout the day, as AFD committed to supporting the development of green finance instruments, such as the Green Refinancing Facility (GRF) and Green Guarantee Facility (GGF) to mobilize capital and de-risk green investments. The commitment was strengthened by an agreement from ADB to inject USD 20 million into both facilities while working with AFD, UNCDF, GFC, and BPNG. These partners will connect with local financial institutions to co-develop a pipeline of green and blue loans, forming the backbone of blended green finance and unlocking finance for Micro Small, and Medium-Sized Enterprises (MSME) in PNG.

BPNG Governor Ms. Elizabeth Genia (middle) pictured with BPNG Chairman Mr. David Toua (left) and Honorable Minister for Energy Mr. Thomas Opa (right) at the Green Finance Summit held in Port Moresby.

Prime Minister Hon. James Marape has reaffirmed his government’s commitment to upgrading the Enga Highway from Togoba in Western Highlands to Porgera in Enga, describing it as a vital economic road for the region.

Responding to concerns raised by Enga Governor Hon. Sir Peter Ipatas in Parliament, Prime Minister Marape highlighted the Government’s ongoing efforts to secure funding through Infrastructure Tax Credit (ITC) arrangements under the recently passed Income Tax Act.

“We are currently working with New Porgera Ltd. to explore possibilities of utilising the ITC framework to fund infrastructure development, including road maintenance and upgrading,” said Prime Minister Marape.

He explained that the newly passed Income Tax Act now allows for 2% of every project’s revenue to be allocated for infrastructure development through tax credits. This framework will be leveraged to address critical infrastructure needs along the Enga Highway and other key routes within the province.

“The maintenance and upgrading of the Enga Highway are essential for business, law enforcement, and community use. We are also looking at improving access to other roads within Enga Province, including the Porgera-Kandep-Tari Road and the Mount Kare route,” Prime Minister Marape noted.

He further explained that the Government is working with New Porgera Ltd. to ensure that funds allocated through the ITC framework will address existing blockages and slippages caused by the Mulitaka landslide incident. The Department of Works has been advised to take immediate action where possible.

The Prime Minister also indicated that the development of the road network would enhance business opportunities, law enforcement, and general community use, providing a reliable and accessible route to Porgera and surrounding areas.

“I give my assurance that by the time we arrive in Wabag on 31st March for the hospital opening, the Community Development Agreement (CDA) team will have updates on road maintenance and plans to proceed. If not, we will ensure that a special occasion is arranged at Porgera to make formal announcements,” Prime Minister Marape said.

He concluded by expressing his appreciation for Governor Ipatas’s leadership and the continued collaboration between the national and provincial governments to bring about development for the people of Enga.

Papua New Guinea and Zealand are currently in talks to elevate their diplomatic partnership of 50 years in the face of PNG’s 50th Independence anniversary.

This began recently (25.03.25) when PNG Prime Minister Hon. James Marape and New Zealand Prime Minister Rt. Hon. Christopher Luxon met in the evening at the New Zealand Parliament House to discuss various matters of common concern. The leaders also signed a new Statement of Partnership that indicates their intention to work more closely from this year 2025 to 2029.

Calling the statement “a living document”, Prime Minister Marape is focused on detailing the partnership blueprint over the next couple of years as the two nations revitalise their friendship of 50 years going into the future.

At the outset, PM Marape acknowledged the general lack of emphasis PNG has placed on growing its relations with New Zealand over the 50 years, and said he was keen on bringing this partnership to the level similar to PNG’s relations with its main bilateral partners, stating “this is unfair on New Zealand as they have been with us for 50 years”.

He highlighted the importance in the role New Zealand has played over Papua New Guinea’s life, especially in the central role New Zealand plays as a senior member of Pacific Islands Forum, and in the Bougainville peace process since 2001.

In his talks with Prime Minister Luxon, PM Marape put forward the following:

•   Agriculture: PM Marape asked if New Zealand could supply experts in this area to help grow PNG’s primary industries and assist find markets for its fresh produce. This would go in line with the establishment of the Na- tional Fresh Food Marketing Chain in partnership with ADB and IFAD through a K240 million funding secured by the Marape-Rosso Government to develop the fresh food sector in PNG.

•   Livestock: As a leader in cattle genetics, Prime Minister Marape has asked for New Zealand to work with PNG to expand its cattle production, as well as in poultry development.

•   State-Owned Enterprises: Prime Minister Marape asked if New Zealand would assist provide experts on the boards of PNG’s State-owned enterprises. With New Zealand’s high success rate in properly transitioning State-owned enterprises into the Private Sector, PM Marape has asked for New Zealand’s assistance for PNG Power, Air Niugini, Telikom, National Development Bank and Water PNG to assist in the privatization of these SOEs which have long faced performance challenges.

•   Labour Mobility: Prime Minister Marape wishes to see the number of PNG nationals employed under the Recognised Seasonal Employer scheme increased from the current 2000 to between 10,000 and 15,000, as other Pacific islanders on the RSE scheme outnumber Papua New Guineans by a big margin. There is intention by the PNG Government to work with New Zealand in the future to open up trade and university study path- ways for Grade 12 school leavers on the scheme to receive trade training or university education for the option of full employment in New Zealand or back in PNG.

•       Security: PNG and New Zealand are revisiting their current Peace and Security Agreement by developing a Statement of Intent to better spell out their engagement. This agreement will guide future defence cooperation that will be strategic for both nations. As two countries that are regularly exposed to natural disasters, New Zealand recognizes PNG’s need for institutional strengthening in its military, police force, and national disaster management.

•   Economic Sector: A comprehensive plan of action to strengthen bilateral trade and investment between the two nations was discussed, es- pecially in the strengthening of State-owned enterprises, and economic reform in the Private Sector.  PM Marape wants to see more New Zealand businesses in PNG and vice versa, while introducing to PM Luxon Bank South Pacific’s availability to extend its market into New Zealand.

•   Climate Change: Both Prime Minister Marape and Prime Minister Luxon discussed their shared experiences on Climate Change and resolved to build better mitigation and adaptation strategies between their two countries.

•   Gender Equality and Participation: This important subject matter also came up for discussion, leading the PNG Prime Minister to welcome support and assistance from New Zealand.

•   Health: New Zealand has an ongoing program with the University of PNG School of Medicine and Health Sciences, the Port Moresby General Hos- pital and the Department of Higher Education through the Fred Hollows Foundation. New Zealand is willing to open a centre in Port Moresby with a commitment of over K40 million. PM Marape thanked his NZ counter- part for this program and said his government would be willing to partner in this initiative.

Prime Minister Marape summarized the meeting as follows, “New Zealand is an important nation to us. We want to elevate our relationship to a higher level. Under the new PNG-NZ Statement of Partnership 2025 – 2029, we want to make sure our bilateral relation gets better and stronger.

“New Zealand is a mature economy of over $260 billion. It is a frontier nation in successfully transitioning State-owned enterprises into the Private Sector. New Zealand is also highly successful in rural agriculture-base commerce and business driving its economy. It is a big exporter of agriculture produce, livestock and primary resources in the food industry.

“There are a lot of lessons we can learn from New Zealand. “It is a privilege and honour for me to be the Guest of the New Zealand Government and in meeting Prime Minister, the Rt. Hon. Christopher Luxon today at his Parliament office. This meeting consolidates our two nations’ relationship in the face of our country’s 50th anniversary, and we are looking forward to a greater rapport. The Statement of Partnership is a living document; we intend to elevate this into a comprehensive partnership that both sides will work on into the future,” concluded Prime Minister Marape.

Papua New Guinea Prime Minister Hon. James Marape and New Zealand Prime Minister Rt. Hon. Christopher Luxon have signed the refreshed PNG-New Zealand Statement of Partnership 2025 – 2029 to reaffirm their countries’ bilateral relationship.

The signing took place at the New Zealand Parliament House Theatrette Room following the leaders’ bilateral meeting.

During the press stand-up, Prime Minister Luxon said that New Zealand deeply valued its friendship with Papua New Guinea, a crucial partner in the Pacific.

“We look forward to continuing to work alongside Papua New Guinea on issues facing the Pacific region, including climate change and upholding Pacific Is- lands Forum unity,” said Prime Minister Luxon.

In response, Prime Minister Marape said the Statement of Partnership by the leaders instilled a new desire to achieve practical and meaningful outcomes that would contribute to Papua New Guinea in the areas of education, public sector support, climate change, increased business, trade and investment and regional security.

“It is a two-way arrangement that is strategic, more focused, and of mutual benefit, particularly in developing stronger ties in agriculture and fisheries.

“It also increases and structures dialogue to be more frequent at Leaders’, Ministerial, and Officials levels,” said Prime Minister Marape.

Following the signing ceremony, Prime Minister Marape was hosted to an official dinner by Prime Minister Luxon at the PM’s official residence, the Premier House.

Prime Minister Hon. James Marape has thanked the New Zealand Government for the engage-ment of Papua New Guineans, who are currently working and living in Blenheim, New Zealand.

Prime Minister Marape expressed his appreciation to the Government of New Zealand and the employers especially Hortus Ltd for employing Papua New Guineans through the Recognised Seasonal Employer (RSE), a labour mobility scheme that allows New Zealand employers in the horticulture industry to re- cruit seasonal workers from Pacific Island nations like Papua New Guinea.

Speaking at the Hortus Ltd facilities today (26/03/25), Prime Minister said he was pleased to see PNG employees satisfied with what they have been taught and trained whilst employed at the facilities.

Prime Minister Marape also encouraged the employees to use the opportunity to improve their lives and become better men and women in the future.

“I am pleased to see all my sons who could have been back at home in PNG but are here, trying to find their way to survive. So, I want to appreciate you all and also thank Hortus Ltd for your engagement.

“We are pleased to see our people finding a safe haven in which they can progress in their lives,” he said.

The Prime Minister further encouraged the employees to use the opportunity to better their lives and continue to use the facilities to re-educate themselves for self-improvement.

“In the future, we want to use this batch not only for work under the seasonal workforce arrangement but also for them to gain education in New Zealand. So, we encourage the PNG High Commission to take stock of the progress of our RSE workers and through our High Commission, the PNG Government can interface and overlay skill-based education or higher education for their qual- ifications,” he said.

Prime Minister Marape said that from then on, the employers could reemploy them into skill-based employment in New Zealand, or they could return to PNG with their skills and knowledge to benefit them.

There is intention by the PNG Government to work with New Zealand in the future to open up trade and university study pathways for Grade 12 school leavers on the scheme to receive trade training or university education for the option for full employment in New Zealand or back in PNG, he said.

Prime Minister Hon. James Marape has expressed Papua New Guinea’s heartfelt gratitude to New Zealand-based non-government organisations who continue to support PNG’s development needs over the 50-year bilateral relationship the country has with New Zealand.

Prime Minister Marape was addressing the Council for International Development (CID) and the Adventist Development Relief Agency (ADRA) in Wellington this morning before his bilateral meeting with Deputy Prime Minister and Foreign Minister, the Rt. Hon. Winston Peters.

The CID comprises 12 New Zealand-based NGOs some of which include World Vision, Oxfam and Fred Hollows Foundation which are working in PNG delivering specific projects in the country with coordination done through CID. Funding support comes from the New Zealand Government, other international organisations as well as governments around the world.

ADRA, on the other hand, is the humanitarian arm of the Seventh Day Adventist Church. ADRA New Zealand is part of a global development and humanitarian network in 122 countries that leverages local expertise, international coordination and experience.

ADRA New Zealand has projects in West New Britain Province going for over five years; and working in Morobe, Madang, Eastern Highlands, Northen, Jiwaka, Southern Highlands and Western Province. ADRA NZ is also looking at extending into the Special Region of Bougainville.

At the meeting with the Prime Minister, representatives provided a brief on the work each of their organisations have been doing in PNG.

PM Marape was pleased to hear of these organisations reports and see their strong sense of community spirit, emphasizing how PNG, with all its challenges derived from its vast diversity, needed as much help as it can get.

He said, “What you do is God’s gift to humanity, friendship and kindness. Thank you for the service you render to PNG and people of the Pacific. It is unobligated help you give. You give from your a good place in your heart, and we sincerely appreciate all that you do. Each of you is a valued partner in the work we are doing in PNG and where our government can help, we are on standby to assist.

“PNG became independence in 1975. In the words of Sir Wallace, your 30th Prime Minister rings right through till today. Sir Wallace assured Sir Michael, my country’s first Prime Minister then that New Zealand – both government, business and people – will stand every step of the way through, and 50 years on, people, organisations, and government have stood with us all the way right through. And I want to say thank you very much.”

2025 marks a major phase of development, with Paga Hill Estate to take major steps in becoming PNG’s first true world-class tourism and business hub.

The project continues to make progressive transformation backed by the Marape-Rosso Government, the multi-billion-kina project has positioned itself as Papua New Guinea’s flagship SEZ, driving investment, job creation, and economic diversification. PNG has traditionally been heavily reliant on strong commodity export prices for economic prosperity, and the SEZ policy is about establishing industries that diversify PNG’s economy, with Paga Hill Estate primarily focused on tourism.

Paga Hill Development Company (PHDC) is leading the charge with Paga Hill Estate, ensuring the project meets stringent SEZ key performance indicators (KPIs) while attracting foreign and local investment. Since its designation as a SEZ, Paga Hill Estate has emerged as one of PNG’s most dynamic development projects which covers 25 hectares adjoining downtown Port Moresby.

 

SEZs in PNG are subject to rigorous performance standards, with license holders given 12 months to meet key KPIs or risk having their licenses revoked or suspended.

SEZ Authority Board Chairman Dr Lawrence Sause emphasised the importance of a SEZ delivering on its forecast goals as core requirements for maintaining SEZ status.

“Each SEZ is selected for its potential to deliver sustained economic diversification. For Paga Hill Estate, this is primarily through tourism, but it also aims to establish Port Moresby as regional hub for finance and trade.” Dr Sause said.

SEZ incentives are time-bound, with the intent they establish new industries and competitive advantages for PNG that are self-sustaining and lasting. Paga Hill Estate’s primary focus is tourism, delivering major tourism infrastructure with the likes of Radisson, but the project’s impact is expected to be even broader.

International Trade and Investment Minister Richard Maru has emphasised that SEZs are set to become economic drivers for PNG. The government encourages foreign investors to collaborate with local businesses and landowners, ensuring sustainable development.

SEZ incentive tax and other concessions extend to purchasers and tenants of completed development. Local and international organisations will therefore financially benefit from relocating to Paga Hill Estate. In its transformative vision for the city, a vibrant new downtown is envisaged that improves the visitor experience to Port Moresby, as well as the daily lives of residents and workers.

“Paga Hill Estate is about announcing to the region that we are open for business and we welcome your investment. Our SEZ incentives will reward those organisations who relocate to Paga Hill and is part of our goal to establish the city as the region’s new leader in finance and trade.” said Minister Maru.

 

Paga Hill Estate is Port Moresby’s first officially designated Special Economic Zone (SEZ) and holds License Number One, according to Paga Hill Estate Chairman Peter Barge. Speaking at the PNG-Asia Investment Conference in Hong Kong on October 17, 2023, Barge outlined the ambitious vision for Paga Hill Estate, stating that it would give Port Moresby a new identity and announce PNG’s arrival to the world.

The 25 hectare development is set to reshape Port Moresby’s skyline, featuring:

• 500,000 square meters of built infrastructure,
• 13,000 square meters of green and open spaces,
• Cultural and tourism attractions designed to enhance visitor experiences.

Barge emphasised that Paga Hill Estate would have an even greater impact on Port Moresby, doubling the size of the Central Business District (CBD) and offering much needed office, retail, and residential space.

With only 3% of PNG’s land available for development, Paga Hill Estate is a critical solution to the nation’s real estate constraints, accommodating the growing demand for commercial and residential space from multinational companies, embassies, and expatriates.

Major Infrastructure Developments, 2024-2025

Radisson Blu Hotel

On December 19, 2023, Paga Hill Estate and Radisson Hotel Group officially announced their partnership to develop a Radisson Blu-branded hotel at Paga Hill.

The luxury hotel will feature:

• 229 hotel rooms and 20 luxury villas with access to exclusive amenities.
• Infinity pools, restaurants, bars, executive lounges, a gym, and a health spa.
• Port Moresby’s largest conference and event facility, with panoramic views of the harbor.
• Long-stay apartments and boutique retail outlets.

According to Radisson Hotel Group’s Managing Director for Australasia, Lachlan Hoswell, the project aligns with PNG’s growing economy and increasing corporate and leisure tourism demand.

PHDC is pursuing the Radisson Blu as part of a broader precinct atop Paga Hill that features a range of residential elements. These include villas and a range of apartment types, with all benefiting from access to the Radisson’s amenities and services.

Radisson and PHDC are working with international and local financial institutions to working with international and local financial institutions to package the Radisson precinct as an investable product. Speaking on the matter to PNG Business News, PHDC Managing Director Gudmundur Fridriksson said “bringing Radisson to Paga Hill is a major coup for PNG tourism, and the design is something we’re extremely proud of. We see it becoming a new icon of Port Moresby, something everyone will be proud of, and the ability for mums & dads to invest gives everyone a chance be part of the city’s transformation and share in its benefits”.

Satellite and Permanent Casino: A Tourism Game-Changer

Following the Radisson Blu announcement, PHDC broke ground on October 11, 2024, for the construction of a satellite casino at Paga Hill’s waterfront. The casino is expected to:

• Boost international tourism and prolong visitor stays.
• Stimulate the local economy by creating demand for year-round entertainment.
• Provide insight into market demand, informing plans for a permanent casino.

PHDC will not be involved in the casino itself. The land and licence are being transferred to specialist investors who are currently negotiating with a suitably credentialled and experienced casino operator, with an opening expected in the third quarter (Q3) of 2025. The scale of the eventual permanent casino will be informed by the Satellite Casino’s market response.

Foreshore Promenade

The Marape Government has approved a monumental contribution to the city’s public infrastructure. Spanning the entire 1.2-kilometre foreshore perimeter from APEC Haus and around Paga Hill Estate, a community-oriented foreshore promenade will be constructed, with Stage 1 expected to be delivered ahead of PNG’s 50th anniversary of Independence this September.

In an extension of Paga Hill Estate’s vision of a transformed capital city, the community-oriented design features a range of green and open space, public amenities, entertainment and recreation opportunities, commercial venues and social gathering spaces. Stage 1 primarily focuses on the area between APEC Haus and Paga Hill Estate, establishing a public beach, mangrove revegetation and boarded walkway, restaurant & bar, lookout and playground as it pans around to Paga Hill Estate.

 

The Government is eyeing a once-in-generation opportunity in delivering Stage 1 ahead of the nation’s 50th anniversary of Independence – with international dignitaries set to be present in the nation’s capital, with special guests, international media and world’s eyes upon us, the foreshore development provides an opportunity to showcase PNG’s progress, demonstrating PNG is a progressive nation and is well on its way to becoming a regional force in finance, trade and tourism.

PHDC is contributing land, development expertise and capability, with construction on Stage 1 about to commence. Subsequent stages will continue the promenade as it wraps around Paga Hill, developing a variety of public infrastructure that activates the foreshore and establishes a vibrant new focal point for the city.

Casino Regulations and Community Impact

Modelled after Singapore’s casino regulations, the Paga Hill casino will primarily target foreign nationals, with entry restrictions and high fees for PNG locals.

Additionally, 30% of all gaming revenue will go to the National Gaming Control Board (NGCB), supporting community programs, churches, and social initiatives.

PHDC is transferring the satellite casino site and licence to specialist investors, who are in the process of selecting a global casino operator to manage the facility, ensuring it meets international standards and operates responsibly within PNG’s regulatory framework.

Infrastructure Expansion and SEZ Incentives

As a flagship SEZ, Paga Hill Estate benefits from significant government incentives, including:

• Customs duty and GST exemptions during construction.
• Expedited approvals for development projects.
• Corporate tax exemptions for commercial tenants.
• Accelerated depreciation benefits for investors.

These incentives enhance profitability for investors and reduce construction costs, making Paga Hill Estate a highly attractive investment destination. Importantly, these incentives also extend to purchasers and tenants of completed development. In this way, operators of the likes of hospitality businesses, as well as commercial office tenants are all incentivised to relocate, supporting the SEZ’s goals of establishing a new regional hub of finance & trade.

The government is committed to improving infrastructure to support the SEZ, with:

• Road expansions enhancing accessibility to Paga Hill.
• Upgraded utilities, including reliable power, water, and telecommunications.
• New public amenities, such as parks, waterfront promenades, and cultural spaces.

Under PNG’s strict SEZ regulations, license holders must meet their KPIs within 12 months or face license suspension or revocation.

Paga Hill Estate remains the leading SEZ, with continuous progress on:

• Job creation in construction, hospitality, and tourism sectors.
• Infrastructure completion for tourism, commercial, and residential developments.
• Investment attraction, with global brands like Radisson Blu committing to long-term projects.

According to International Trade & Investment Minister Richard Maru, the project represents the future of Port Moresby, offering a diverse and sustainable economic foundation beyond PNG’s traditional resource sectors.

Paga Hill Estate is expected to reshape Port Moresby’s economic landscape and PNG’s profile on the global stage.