Asian Development Bank and Papua New Guinea: Fact Sheet
ADB’s priorities in Papua New Guinea have recently focused on developing transport infrastructure, promoting renewable energy, expanding access to finance, and improving health services.
ADB has been working with Papua New Guinea (PNG) since 1971 and is the country’s largest multilateral development partner. ADB has committed $2.8 billion in loans, $175.6 million in grants, and $76.4 million in technical assistance for PNG.
To respond to PNG’s development needs, ADB will increase its total financing for development projects (lending, nonlending, and cofinancing) to approximately $1.5 billion across 2019–2021. The current programming period includes new infrastructure projects, particularly in the transport sector, that will benefit the poorest and most remote parts of PNG. The proposed projects will help drive inclusive economic growth, improve the delivery of basic services, increase regional connectivity, and build resilience to climate change.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on PNG as well as concise information on ADB's operations in the country and contact information.