PNG Ports Corporation Ltd (PNG Ports)

Local contractors engaged in K1.5b maritime projects

PNG Ports Corporation Ltd (PNG Ports), the owner and operator of 15 declared maritime ports in the country, was recently awarded a blended financial package of AU$580 million (K1.5 billion) by   the  Australian Infrastructure Financing Facility for the Pacific (AIFFP).

The funding will be used to rehabilitate six of the 15 ports in Daru, Kavieng, Kimbe, Lae, Lorengau,  

Oro Bay and highlands Inland Freight Hub.