Papua New Guinea
PSDI is working with the Government of Papua New Guinea to help make PNG a safer, more productive, easier, and more inclusive place to do business.
PSDI is working with the Government of Papua New Guinea to:
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Increase the availability of private sector credit by supporting the utilization of the secured transactions framework established in 2015, and advising on the introduction of alternative capital-raising platforms;
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Promote entrepreneurship and foreign direct investment, particularly through providing ongoing assistance and advice to PNG’s Investment Promotion Authority;
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Improve the efficiency and transparency of state-owned enterprises, by enabling public-private partnership transactions, developing a Community Service Obligation Policy for SOEs, and including PNG in PSDI’s Finding Balance SOE benchmarking studies;
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Develop the technical and cross-cutting capacity of PNG’s Independent Consumer and Competition Commission;
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improving the operation of capital markets;
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Removing barriers to women’s participation in the formal economy and promoting women’s business leadership, including in SOEs; and
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Finalizing a National Tourism Policy and supporting sustainable and evidence-based tourism sector development.
For detailed information on PSDI activities in Papua New Guinea, download the 2024 PSDI Country Overview for Papua New Guinea.
Papua New Guinea at a glance
Secured transactions framework
49,000 securities registered
Online business registry launched
Consumer and Competition Framework
New arbitration laws
New PPP framework
Women’s Business Leadership
Sustainable and resilient tourism
Latest News
PSDI attended the strategic implementation plan workshop and national coordinating committee meeting (NCC) on anti-money laundering and combatting the financing of terrorism (AML/CFT) in Papua New Guinea.
PSDI’s State-Owned Enterprise and Public Private Partnerships team delivered a seminar in Port Moresby this week, focused on the preparation of state-owned enterprise (SOE) Corporate Plans and Statements of Corporate Objectives.
PSDI is providing long-term support to PNG's IPA for an ambitious business law reform program to enable entrepreneurship. A major component of this support has been the development of an upgraded online business registry.
PSDI's Economic Empowerment of Women team is working alongside the Financing Growth team, the Pacific Islands Investment Forum, and Pacific provident and superannuation funds to establish and support a Women in Super working group to level the playing field for Pacific women in retirement.
PSDI is working with the Securities Commission of Papua New Guinea to foster capital market development to support increased business finance and economic activity.
A PSDI event in Port Moresby convened a crowd of PNG’s government, business, and civil society representatives, to discuss the findings of the expanded Papua New Guinea edition of Leadership Matters 2024: Benchmarking Women in Business Leadership in the Pacific.
Key Publications
