Asian Development Bank

Unlocking Development: ADB’s Support for Papua New Guinea

As a resource-dependent lower middle-income country, Papua New Guinea (PNG) faces unique challenges and opportunities on its development journey. Classified by the Asian Development Bank (ADB) as a fragile and conflict-affected situation, PNG's progress is critical not just for its citizens but also for regional stability. In the wake of the COVID-19 pandemic, the country

By |2024-04-04T09:39:23+00:00April 4th, 2024|PPP Policy|0 Comments

ADB-Supported PPP Framework to Improve Infrastructure Service Delivery in PNG

PORT MORESBY, PAPUA NEW GUINEA (23 January 2024) — The Public-Private Partnership (PPP) Centre in Papua New Guinea (PNG) welcomes the new framework for public-private partnerships (PPPs) developed in collaboration with the Asian Development Bank (ADB). This framework is a significant step towards unlocking private investment and expertise, enabling PNG to enhance and expand infrastructure

By |2024-09-29T04:42:29+00:00January 23rd, 2024|Press Release|0 Comments
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