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 use 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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Improve the operation of capital markets;
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Remove barriers to women’s participation in the formal economy and promoting women’s business leadership, including in SOEs; and
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Finalize 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
Senior judges in Papua New Guinea gathered in Port Moresby for a landmark Judicial Colloquium on International and Domestic Arbitration, hosted by the PNG Centre for Judicial Excellence with support from the Government of Australia through PSDI.
Representatives from the PNG government and PSDI gathered in Port Moresby, Papua New Guinea on 7 May for a workshop to review and validate the PSDI-gender inclusive private sector framework assessment for Papua New Guinea.
A cohort of emerging and established women leaders from Papua New Guinea and Solomon Islands commenced the PNG Institute of Directors (PNGID) Director Development Program, developed with the support of PSDI.
PSDI is working in Papua New Guinea to strengthen state-owned enterprise governance and performance, including through policy and legal reform and public-private partnership transaction support.
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.
Key Publications
