Industry Articles & Analysis

Chapter | Industry & Retail from The Report: Papua New Guinea 2017

Although smaller than its petroleum, mining and agricultural sectors, Papua New Guinea’s industry and manufacturing are major contributors to the nation’s revenue base, and hold significant potential for future investment and development. Manufacturers face several challenges, including high transportation, utilities and security costs, import dependency, currency depreciation, a foreign exchange shortage and land acquisition difficulties. However, the country benefits from a wealth of natural resources that holds considerable potential for value-added processing, most notably in the fisheries and agriculture segment. Long-term industrial development should also support investment in construction materials and petrochemicals, a crucial step in government efforts to reduce imports and build up a robust local production base. This chapter contains interviews with Paulus Ain, Commissioner and CEO, Independent Consumer and Competition Commission and James Lau, Managing Director, Rimbunan Hijau (PNG) Group.
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El estado de Guanajuato en México tendrá dos nuevos clústeres económicos centrados en la industria aeroespacial y TIC, en funcionamiento a finales de 2017, según fuentes oficiales.

 

Although smaller than its petroleum, mining and agricultural sectors, Papua New Guinea industry and manufacturing are major contributors to the nation’s revenue base, and hold significant potential for future investment and development.

 

Papua New Guinea’s retail sector remains in its nascent stages, with the majority of the population remaining outside of the formal economy and low rates of urbanisation. The recent construction of the $19bn PNG LNG natural gas project provided significant support for retail expansion, although retailers have since grappled with a host of...

 

How would you describe the sentiment of the retail sector, given the current economic slump?

 

How do practices in Papua New Guinea stack up against World Trade Organisation (WTO) regulations and guidelines on free trade?

Chapter | Industry & Retail from The Report: Papua New Guinea 2017

Although smaller than its petroleum, mining and agricultural sectors, Papua New Guinea’s industry and manufacturing are major contributors to the nation’s revenue base, and hold significant potential for future investment and development. Manufacturers face several challenges, including high transportation, utilities and security costs, import dependency, currency depreciation, a foreign...