Papua New Guinea and ADB
In the Spotlight
ADB has been helping Papua New Guinea address some of its most difficult development challenges since 1971, and the partnership continues.
Pacific economies are looking to overcome their remoteness through telecommunications technology, improved transport networks, and greater private investment and competition, says a new ADB report.
ADB Board of Directors have approved a multitranche financing facility not exceeding $866.5 million to Papua New Guinea (PNG) to fund the rehabilitation, upgrade, and maintenance of the country's Highlands Highway.
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.
Read the ADB and Papua New Guinea fact sheet.
Projects in Papua New Guinea
Population in Papua New Guinea, in millions (2016)
Population living below the national poverty line in Papua New Guinea (2009)
Maternal mortality ratio in Papua New Guinea, per 100,000 live births (2015)
Average annual population growth rate in Papua New Guinea (2011-2016)