We’re proud to support the Government of Papua New Guinea to refurbish, replace and upgrade key port assets prioritised in Papua New Guinea’s 30 Year Ports Infrastructure Master Plan.
The project is facilitating essential improvements to selected ports in consultation with PNG Government and PNG Ports Corporation Limited, including in Kimbe, Kavieng, Daru, Oro Bay and Lae.
Upgrades to critical ports
across Papua New Guinea
30 per cent of workers
are Papua New Guinean (expected)
With more than 90 per cent of internationally traded goods in Papua New Guinea being transported via sea, the project will increase access to goods, trade and services for communities.
The project is supporting local jobs via local construction companies and supply chains, with a minimum target of 30 percent local expenditure on local content.
Our financing package includes a loan of AUD521.4 million and a grant of AUD100 million to Papua New Guinea Ports Corporation Ltd to deliver the upgrades.
An AIFFP funded pilot boat, purpose-built for Papua New Guinea Ports Corporation Ltd, is launched in a ceremony attended by Minister for International Development and the Pacific, the Hon Pat Conroy MP (fourth from left), November 2022.
