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:

  • 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;

  • Promote entrepreneurship and foreign direct investment, particularly through providing ongoing assistance and advice to PNG’s Investment Promotion Authority;

  • 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;

  • Develop the technical and cross-cutting capacity of PNG’s Independent Consumer and Competition Commission;

  • Improve the operation of capital markets; 

  • Remove barriers to women’s participation in the formal economy and promoting women’s business leadership, including in SOEs; and

  • 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

PNG's PSDI-supported Personal Property Securities Registry was activated in May 2016, making it easier for lenders to extend credit secured against movable assets, such as vehicles, inventories, or sales contracts.

49,000 securities registered

As of June 2024, more than 49,000 security interests over movable assets to be used as collateral for loans have been registered in the Papua New Guinea using the PSDI-supported secured transactions framework.

Online business registry launched

PSDI supported the development of a modern, new online business registry, which launch in 2022.

Consumer and Competition Framework

review completed, and ongoing support provided to the Independent Consumer and Competition Commission.

New arbitration laws

PSDI supported the development and passage of the Arbitration (International) Act 2024 and Arbitration (Domestic) Act 2024, making foreign investment more attractive in PNG.

New PPP framework

a new framework for public–private partnerships (PPPs) activated following the 2023 publication of the Public Private Partnership Regulation 2023 and the Public Private Partnership (Amendment) Act in the National Gazette.

Women’s Business Leadership

supported through targeted programs to provide training for women in senior business leadership, and the publication of comprehensive data and analysis in PSDI's 2021 and 2024 Leadership Matters publications.

Sustainable and resilient tourism

supported through initiatives with the Tourism Promotion Authority, including to develop a new National Tourism Policy.
Latest News
8 April 2025
Comprehensive reforms to strengthen Papua New Guinea’s state-owned enterprise governance and performance

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.

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3 December 2024
PSDI attends strategic implementation workshop for AML/CFT in Papua New Guinea

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.

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10 October 2024
PSDI supports Corporate Planning Seminar for Papua New Guinea’s State-Owned Enterprises

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.

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23 September 2024
Upgraded online registry delivers a user-friendly platform for key business processes in Papua New Guinea

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.

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23 September 2024
Supporting secure retirements for Pacific women

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.

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23 September 2024
Fostering a vibrant and robust capital market in Papua New Guinea

PSDI is working with the Securities Commission of Papua New Guinea to foster capital market development to support increased business finance and economic activity.

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Key Publications
PSDI Annual Report FY2024
PSDI Annual Report FY2024
This annual report outlines how the Pacific Private Sector Development Initiative supported the enabling environment for business and helped foster inclusive private sector-led economic growth in the Pacific during FY2024 (1 July 2023 - 30 June 2024).
PSDI Country Overviews 2024-2025
PSDI Country Overviews 2024-2025
These fact sheets provide an overview of PSDI activities in each country to 2025.

PSDI Annual Report FY2023
PSDI Annual Report FY2023
This report gives an overview of PSDI activities from 1 July 2022 to 30 June 2023.
Leadership Matters 2024: Benchmarking Women in Business Leadership in the Pacific
Leadership Matters 2024: Benchmarking Women in Business Lead...
This is the second edition of the Leadership Matters series, which collects and analyzes data on women’s representation on boards and in senior management in 14 Pacific countries.
Domestic Tourism Data Collection Methodologies: Recommendations for Papua New Guinea
Domestic Tourism Data Collection Methodologies: Recommendati...
This study provides recommendations for suitable methodologies to measure domestic tourism in Papua New Guinea.
Unlocking Potential: A Gender Inclusive Private Sector Framework for the Pacific Report and Country Assessments
Unlocking Potential: A Gender Inclusive Private Sector Frame...
The Gender Inclusive Private Sector Framework serves as a practical checklist for Pacific governments and institutions to measure progress and identify areas where further improvements are needed.