Australia, through the Australian Infrastructure Financing Facility for the Pacific, is financing AUD168.2 million for upgrades and refurbishments to Papua New Guinea’s energy and road networks.
Australia’s support includes an AUD91.9 million financing package for the Laitim Hauslain project to improve national power infrastructure. This investment will connect 30,000 to 40,000 households, schools and clinics in Morobe and East New Britain provinces to electricity, many for the first time.
Australia’s financing forms part of the PNG Electrification Partnership, which supports a key Papua New Guinean Government priority to achieve 70 per cent electrification by 2030. Improved access to electricity will improve economic and development outcomes in Papua New Guinean, support economic development in local communities, and improve the delivery of vital services for the people of Papua New Guinea.
Australia has also invested AUD76.3 million to support the national road network, connecting communities and supporting improved access to markets. The investment will support the Papua New Guinean Department of Works and Highways to undertake long-term rehabilitation and maintenance of approximately 359 kms of roads along the Wau Highway in Morobe Province and the Sepik Highway in East Sepik and West Sepik (Sandaun) provinces.
Funding will contribute to designs for the proposed Trans-National Highway. This will assist the Papua New Guinean Government progress their priority Connect PNG Strategy, a plan to increase strategic connections across Papua New Guinea’s four regions over the next 20 years.
Both investments will provide employment for Papua New Guinean people and use local materials where possible, to help stimulate Papua New Guinea’s economy and recovery from COVID-19.
For more information, contact email@example.com