Asian Development Bank and Papua New Guinea: Fact Sheet
ADB is one of Papua New Guinea’s largest sources of official development assistance, with average annual lending of $382 million over the 5 years to 2021.
In 2021, the COVID-19 pandemic affected most projects and related civil works contracts causing implementation delays due to international lockdowns and shipping and logistical constraints, among others.
Planned transport, energy and water projects aim to facilitate significant economic opportunities and support increased access to services to expand employment opportunities, including for women. ADB will also strengthen technical and vocational education and training institutions. A proposed project to promote financial inclusion will support Increased access to finance.
Updated yearly, this ADB Fact Sheet provides concise information on ADB's operations in the country and contact information.