Australia to Assist in the Upgrading of Papua New Guinea’s Ports at a cost of $580 million

January 24th, 2022

Australia will spend more than half a billion dollars upgrading ports in Papua New Guinea in a bid to strengthen trade ties and ward off investment from other nations, including China.  Prime Minister Scott Morrison and PNG Prime Minister James Marape met virtually on Friday to sign agreements for $580 million in upgrades and refurbishments to several priority ports, through a series of loans and grants.  For more information https://www.smh.com.au/politics/federal/australia-to-upgrade-papua-new-guinea-s-ports-for-580-million-20220121-p59q79.html

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