Papua New Guinea and ADB
In the Spotlight
Investments in basic services must be complemented by policy and regulatory reforms as well as capacity development to support a shift towards more commercially viable utilities in the Pacific, says the latest issue of the ADB Pacific Economic Monitor.
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
Cumulative ADB assistance to the country rose sharply from $1.27 billion in 2009 to $2.13 billion in 2015, making ADB the country’s largest multilateral development partner, according to a country brief.
Papua New Guinea (PNG) has been pursuing a range of development goals in recent years. These include improvements to transport infrastructure, renewable energy, health, water and other urban infrastructure, and public sector management. The Government of PNG has also placed emphasis on environmental sustainability, private sector development, gender equity, and knowledge management.
The country partnership strategy, 2016-2020 for PNG is aligned with the government’s Development Strategic Plan 2010-2030, the National Strategy for Responsible Sustainable Development, and the country’s medium-term development plans.
Projects in Papua New Guinea
- Enhancing ADB’s Support for Social Protection to Achieve the Sustainable Development Goals
- Health Services Sector Development Program, Subprogram 1
- Power Sector Development Investment Program
- Implementation of Sustainable Transport For All
- Key Indicators for Asia and the Pacific 2018-2020 – Key Indicators for Asia and the Pacific 2019 (Subproject 2)
- Multipartner Financing Facility for the Highlands Highway
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)
- Asian Development Outlook 2015
- Enhancing Transparency and Exchange of Information for Tax Purposes
- Assessing Trade Facilitation and Transport Logistics Performance in the Pacific