PNG Ports also launched their 30-year Ports infrastructure plan, providing the blueprint that underpins the Australian Government’s financial support to PNG Ports.
The financial facility from the Australian Government of K1 billion comprises a combination of interest free grants and concessional financing to support the modernization of PNG Ports’ maritime infrastructure across the country which are located in the ports of Vanimo, Kimbe, Motukea, Lorengau, Oro Bay, Daru, Lae and other regional ports owned and operated by PNG Ports Corporation Limited.
