AGP Executive Report
Last update: 5 hours agoInvestment Policy Watch: PNG is being warned that the 2023 Investment Promotion Act’s “reserved activities” list (39 sectors, including fisheries, forestry and general retail) could raise prices, cut competition and weaken export performance unless paired with safeguards and real support for citizen entrepreneurs. Tourism & Planning: PNGTPA and NCDC launched a National Capital District Accommodation Inventory & Capacity Survey to build a reliable database for tourism investment and event readiness, including the 2028 PNG Chiefs Rugby Games. Digital Skills Push: UPNG relaunched its Centre of Excellence in Information Technology, rolling out new IT certificate programmes and signalling more specialised degrees from 2027 in programming, networking, AI and cybersecurity. Mining & Infrastructure: Ok Tedi committed K30m to the Sisimakam–P’nyang Road to unlock the P’nyang LNG project, while K92 Mining reported strong Q2 output as its Kainantu expansion ramps up. Regulatory & Permits: CEPA granted Adyton Resources an environmental permit for the Wapolu Gold Project restart, clearing a key hurdle ahead of further approvals. Geopolitics & Security: Australia and Fiji’s “Ocean of Peace” defence pact highlights a broader Pacific security push that PNG is already positioned to join. Aviation/Border Tech: Munda International Airport in Solomon Islands went live with an electronic border management system, supported under trilateral cooperation involving PNG. Industry Governance: Solomon Islands and PNG agreed to strengthen mining sector reforms and governance cooperation.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.