Government invests in major airport terminal upgrade at Gurney Airport in Papua New Guinea, supported by the Asian Development Bank.

The entities involved

• Gurney Airport →

  airport in Alotau, Papua New Guinea

  Nothing else this week.

• Papua New Guinea →

  country in Oceania

  • Zimbabwe and Papua New Guinea ratified the High Seas Treaty alongside Australia, Germany, and Canada.Mon 08:24
  • PNG Forest Products manufactures in Bulolo, while NiuHomes supplies building kits across Papua New Guinea.Mon 05:51
• Asian Development Bank →

  regional development bank

  • The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.Mon 15:15
  • The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.Mon 12:12

Related events

• The government of Papua New Guinea is injecting capital into the local economy through DSIP and PIP funding streams.Sep 15
• ADB provides loans for infrastructure projects in Papua New Guinea, co-financed by the Australian government.Sep 11