PNG plans infrastructure upgrades

The authorities in Papua New Guinea (PNG) will be able to boost transport infrastructure following the provision of a development assistance grant worth US$371.35 million.
February 27, 2012 Read time: 1 min
The authorities in Papua New Guinea (PNG) will be able to boost transport infrastructure following the provision of a development assistance grant worth US$371.35 million. This has been provided by the government of Australia and will be used to supporting PNG's National Transport Development Plan and National Transport Strategy 2010-2030. Much of the grant will be put into upgrading key road links as well as airports.

Related Content

  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More
  • Thailand’s plans for mega projects
    November 9, 2021
    Thailand has major plans for mega transport projects.
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • UK creates Major Road Network designation for A-class highways
    July 10, 2017
    The UK government plans to create of a Major Road Network class of highway which would tap into the multi-million euro annual National Road Fund. Main roads that are now overseen by local authorities would share the National Roads Fund that is financed by the VED – vehicle excise duty - which was previously envisaged to be ring-fenced for national routes. The VED was around €6.6 billion for 2016-17. Roads covered by the strategy are the A-class highways. The deal is part of an investment strategy unveiled b
    Read More

Highlighted Content