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Papua New Guinea and ADB

ADB's priorities in Papua New Guinea focuses on developing transport infrastructure, promoting renewable energy, expanding access to finance, and improving health services.

In the Spotlight

News Release

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

The economies of the Cook Islands, Fiji, Palau, Samoa, and Vanuatu are the Pacific countries likely to feel the brunt of the COVID-19 pandemic, according to a new report by ADB released today.

Institutional Document

Pacific Energy Update 2019

ADB will invest over $1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable and sustainable electricity in the subregion. Read more

Publication

Pacific Economic Monitor – December 2019

The 2019 growth forecast for the Pacific subregion has been raised from 3.5% to 4.2%, driven mainly by higher liquefied natural gas production in Papua New Guinea and increased construction expenditure in Samoa and Solomon Islands, as well as lower-than-projected economic decline in Nauru. Read more

News Release

3,200 People Graduate from Financial Literacy Course Supported by ADB, Australia, and PNG

The project has substantially delivered basic financial knowledge to huge numbers of rural people in Papua New Guinea. It has allowed people, particularly women, the opportunity to open bank accounts, do mobile banking from market gardens, and, overall, get better access to financial services.

A Growing Partnership

Papua New Guinea and ADB have been partners in development since 1971, and the collaboration is growing bigger. A new video series is exploring ADB's contributions to development of the country's energy, health, and transport sectors, as well as its drive for financial inclusion and private sector-led development.

Expanding Access to Health Care in Papua New Guinea

Access to quality health care is a major challenge in Papua New Guinea. The government works with its development partners, like ADB, to make health care more accessible.

New Energy Grid, Transmission Investments are Lighting up Papua New Guinea

Papua New Guinea's energy investment program is expanding access to electricity and lowering costs.

Publications

Economic Forecast

GDP forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.


Poverty in Papua New Guinea

Development indicators for Papua New Guinea, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.


Results of ADB-Supported Operations, 2010-2018

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.


Projects Cofinanced

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.


Project Performance, 2000-2018

ADB Projects in Papua New Guinea

Project Results

News

09 Jul 2020 | News Release

ADB, Education Above All Foundation Agree to Work Together for Quality Primary Education for Out-of-School Children

ADB and the Qatar-based Education Above All Foundation have signed an agreement to carry out $100 million in joint projects to put out-of-school and at-risk children into quality primary education.

11 Jun 2020 | News from Country Offices

Renewable Energy Investment, Business Continuity Plans Key to Pacific Utilities Rebounding from COVID-19

CEOs of utility companies from 11 Pacific countries laid the foundations of an action plan and explored new investment priorities and needs to help their sector recover from the impact of COVID-19 during a virtual meeting...

03 Apr 2020 | News from Country Offices

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

The economies of the Cook Islands, Fiji, Palau, Samoa, and Vanuatu are the Pacific countries likely to feel the brunt of the COVID-19 pandemic, according to a new report by ADB released today.

06 Mar 2020 | News from Country Offices

Leah Gutierrez Begins as ADB's Pacific Director General

Leah Gutierrez is ADB's new Director General for its Pacific Department.

Contact

Papua New Guinea Resident Mission (PNRM) - Asian Development Bank (ADB)

Level 2 – Burns Philp Haus
Corner of Musgrave Street & Champion Parade
PO Box 1992
Port Moresby, National Capital District
Papua New Guinea

  Office Hours: 8:00 a.m. to 5:00 p.m. (Monday to Friday)

  Tel +675 3221700
  Fax +675 3210407
  E-mail
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