AGP Executive Report
Last update: 10 hours agoTourism Investment: MRDC managing director Augustine Mano is urging targeted investment and tax incentives to grow tourism, while PNG businesses are being encouraged to promote the country’s culture and attractions to draw international visitors. The opening of the first Sheraton in Port Moresby adds new capacity for business and leisure travel. Papua LNG: The US$14.5 billion project faces a 15 December deadline for a final investment decision, after a revised gas agreement and transfer of operatorship to ExxonMobil. Skills and Jobs: Business leaders say PNG needs sustained training and clear career pathways for nationals as major projects approach; experience from PNG LNG shows localisation can grow with long-term investment in skills. Trade Links: A K25 million Aitape port redevelopment aims to restore reliable sea access. PNG Ports says the wharf could handle 25,000 tonnes of cargo a year and support about K101 million in annual economic activity. Digital Services: Australia has granted Telikom PNG K27.2 million to improve operations and support more reliable services, including planned digital wallet platforms.
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