Asian Development Bank and Papua New Guinea: Fact Sheet
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Papua New Guinea as well as concise information on ADB's operations in the country and contact information.
The Asian Development Bank (ADB) has been working with the Government of Papua New Guinea (PNG) since 1971, and is now PNG’s second-largest development partner. As of 31 December 2014, the active funding portfolio totaled $1.01 billion, comprising 25 loans, 9 grants (including 1 grant from the Asian Development Fund), 8 technical assistance projects, and 2 loan and equity operations in the private sector.
The country partnership strategy (CPS), 2011-2015 for PNG is aligned with the government’s Development Strategic Plan 2010-2030, the National Strategy for Responsible Sustainable Development, and the Medium-Term Development Plan 2011-2015. The CPS has as its priorities transport infrastructure, renewable energy, private sector development, regional cooperation, and rural primary health. The goals of the strategy were underlined in 2014, with the approval of the country operations business plan, 2015-2017.