Country Profiles: Papua New Guinea

Cumulative Public Sector Loans as of December 16, 2008

Project Loans	millions of US dollars
Agriculture & agro-industry	-
Education	4.000
Energy	1.700
Health	-
Industry	-
Multi-sectoral and other	-
National Development Banks	-
Telecommunications	-
Transportation	10.000
Water Supply & Sewerage	-
TOTAL	15.700

Recently Concluded Loan Agreements

For greater detail on the project/program or information on procurement opportunities, requests must be addressed directly to the executing agency (ies) of the project/program.

November 4, 2008 Lae Port Development (US$6 million)

Purpose:

To expand port facilities to improve coastal and international trade

Activities:

construciton of a 400 x 400 m tidal basin; construction of a 240m-long multi-purpose berth; and resettlement scheme and provision of social services to around 2,900 impoverished inhabitants.

Project cost:

US$148.07 million

Co-financiers:

AsDB, Japan Fund for Poverty Reduction, Government of Papua New Guinea

Executing Agency:

Independent Public Business Corporation

Implementation period:

5 years