Papua New Guinea

PSDI is working with the Government of Papua New Guinea to help make PNG a safer, more productive, easier, and more inclusive place to do business.

PSDI is working with the Government of Papua New Guinea to:

  • Increase the availability of private sector credit by supporting the use of the secured transactions framework established in 2015, and advising on the introduction of alternative capital-raising platforms;

  • Promote entrepreneurship and foreign direct investment, particularly through providing ongoing assistance and advice to PNG’s Investment Promotion Authority;

  • Improve the efficiency and transparency of state-owned enterprises, by enabling public-private partnership transactions, developing a Community Service Obligation Policy for SOEs, and including PNG in PSDI’s Finding Balance SOE benchmarking studies;

  • Develop the technical and cross-cutting capacity of PNG’s Independent Consumer and Competition Commission;

  • Improve the operation of capital markets; 

  • Remove barriers to women’s participation in the formal economy and promoting women’s business leadership, including in SOEs; and

  • Finalize a National Tourism Policy and supporting sustainable and evidence-based tourism sector development.

For detailed information on PSDI activities in Papua New Guinea, download the 2024 PSDI Country Overview for Papua New Guinea.

Papua New Guinea at a glance

Secured transactions framework

PNG's PSDI-supported Personal Property Securities Registry was activated in May 2016, making it easier for lenders to extend credit secured against movable assets, such as vehicles, inventories, or sales contracts.

49,000 securities registered

As of June 2024, more than 49,000 security interests over movable assets to be used as collateral for loans have been registered in the Papua New Guinea using the PSDI-supported secured transactions framework.

Online business registry launched

PSDI supported the development of a modern, new online business registry, which launch in 2022.

Consumer and Competition Framework

review completed, and ongoing support provided to the Independent Consumer and Competition Commission.

New arbitration laws

PSDI supported the development and passage of the Arbitration (International) Act 2024 and Arbitration (Domestic) Act 2024, making foreign investment more attractive in PNG.

New PPP framework

a new framework for public–private partnerships (PPPs) activated following the 2023 publication of the Public Private Partnership Regulation 2023 and the Public Private Partnership (Amendment) Act in the National Gazette.

Women’s Business Leadership

supported through targeted programs to provide training for women in senior business leadership, and the publication of comprehensive data and analysis in PSDI's 2021 and 2024 Leadership Matters publications.

Sustainable and resilient tourism

supported through initiatives with the Tourism Promotion Authority, including to develop a new National Tourism Policy.
Latest News
19 December 2025
Papua New Guinea Tourism Promotion Authority launches new Marketing Strategy 2025-2028

PNG Tourism Promotion Authority has launched the new PSDI-supported PNG Marketing Strategy 2025-2028, which aims to position PNG as the world's energy destination for high-value adventure experiences.

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1 December 2025
First competitively tendered renewable energy power purchase agreement successfully negotiated

PSDI has worked with Papua New Guinea Power Limited and Kumul Consolidated Holdings since 2017 to tender and negotiate a solar power independent power producer agreement in Gazelle, East New Britain.

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21 November 2025
Papua New Guinea launches new National Tourism Policy 2025-2045

Papua New Guinea Tourism Promotion Authority launched the new National Tourism Policy 2025-2045 , developed with support from PSDI.

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15 October 2025
Inclusive Private Sector Reform Could Drive Economic Growth in PNG—ADB PSDI Report

Building an inclusive private sector that enables all Papua New Guineans, including women and people with disabilities, to participate fully in the economy is key to unlocking stronger growth, according to a new assessment launched by PSDI.

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20 May 2025
Papua New Guinea Hosts First Judicial Colloquium on Domestic and International Arbitration

Senior judges in Papua New Guinea gathered in Port Moresby for a landmark Judicial Colloquium on International and Domestic Arbitration, hosted by the PNG Centre for Judicial Excellence with support from the Government of Australia through PSDI.

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8 May 2025
PSDI holds workshop to discuss Gender-Inclusive Private Sector Framework assessment findings in Papua New Guinea

Representatives from the PNG government and PSDI gathered in Port Moresby, Papua New Guinea on 7 May for a workshop to review and validate the PSDI-gender inclusive private sector framework assessment for Papua New Guinea.

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Key Publications
PSDI Annual Report FY2025
PSDI Annual Report FY2025
This annual report outlines how the Pacific Private Sector Development Initiative supported the enabling environment for business and helped foster inclusive private sector-led economic growth in the Pacific during FY2025 (1 July 2024 - 30 June 2025).
Unlocking Potential: A Gender Inclusive Private Sector Framework Papua New Guinea Country Assessment
Unlocking Potential: A Gender Inclusive Private Sector Frame...
This report provides an assessment of the private sector enabling environment in Papua New Guinea, based on PSDI's Gender Inclusive Private Sector Framework.
PSDI Annual Report FY2024
PSDI Annual Report FY2024
This annual report outlines how the Pacific Private Sector Development Initiative supported the enabling environment for business and helped foster inclusive private sector-led economic growth in the Pacific during FY2024 (1 July 2023 - 30 June 2024).
PSDI Country Overviews 2024-2025
PSDI Country Overviews 2024-2025
These fact sheets provide an overview of PSDI activities in each country to 2025.

PSDI Annual Report FY2023
PSDI Annual Report FY2023
This report gives an overview of PSDI activities from 1 July 2022 to 30 June 2023.
Leadership Matters 2024: Benchmarking Women in Business Leadership in the Pacific
Leadership Matters 2024: Benchmarking Women in Business Lead...
This is the second edition of the Leadership Matters series, which collects and analyzes data on women’s representation on boards and in senior management in 14 Pacific countries.