AGP Executive Report
Last update: 10 hours agoInvestment: BSP has committed K385,000 to PNG Investment Week 2026, backing efforts to connect investors, industry and government. Pacific Lime and Cement secured A$50 million in placement commitments and a non-binding US$15 million DFC term sheet for its planned cement, lime and port hub. Trade and Connectivity: Air Niugini is cleared to resume Auckland flights this month, restoring a route absent for 26 years and strengthening links for trade and tourism. Fisheries: PNG is seeking US$50 million by 2035 for aquaculture, including hatcheries, feed mills, cold storage and processing facilities. Agriculture: Coffee, PNG’s second-largest agricultural export after palm oil, supports nearly half of households; the country produced 74,400 tonnes in 2025. Mining: High gold and copper prices are spurring junior explorers, with projects advancing across the country. Energy and Climate: The government is moving toward practical solar projects, while El Niño threatens water supplies and crop production, prompting calls for drought-ready farming and improved water storage.
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