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PM Marape launches Credit Guarantee Corporation Ltd with K50 million cash injection

MARCH 29 2022 Prime Minister Hon. James Marape has consolidated his mettle as ‘Father of Micro Small to Medium Enterprises (MSMEs)’ in Papua New Guinea with the launching of the Credit Guarantee Corporation Ltd (CGCL) in Port Moresby today to further the growth of the MSME sector. This is also in line with the Pangu […]

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PM Marape commends Minister Rosso on Strata Title Law

MARCH 23 2022 Prime Minister Hon. James Marape has commended Lands and Physical Planning Minister Hon. John Rosso on passage of the Strata Title Management Bill 2022 and accompanying bills and amendments in Parliament today (March 23 2022). The bill allows for people to buy units and apartments in high-rise buildings because of increasing shortage

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PM Marape announces record K10 billion in foreign exchange

MARCH 23 2022 Prime Minister Hon. James Marape says the Bank of PNG has the highest levels of foreign exchange ever of more than K10 billion, amidst the international crisis brought about by the Russia-Ukraine war. This is in stark contrast to the O’Neill era when forex reserves reached dangerously-low levels with importers waiting for

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PM Marape announces K100 million funding for Madang PMIZ project

MARCH 20 2022 Prime Minister Hon. James Marape says he wants Madang to grow into an economic powerhouse for Papua New Guinea. He said this when announcing funding of K100 million for the Pacific Marine Industrial Zone (PMIZ) before front of hundreds of people at Walium Station in Usino-Bundi last Thursday (March 17 2022). PM

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PM Marape announces K159 million road contract for Ramu Highway

MARCH 19 2022 Prime Minister Hon. James Marape has announced the awarding of a K159 million contract for the Ramu Highway in Madang and K43 million to extend the North Coast Road from Bogia to Awar. He made the announcement in front of hundreds of people at Walium Station, Usino-Bundi, on Thursday (March 17 2022)

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PM Marape urges Usino-Bundi to get into agriculture, SMEs and education

MARCH 19 2022 Prime Minister Hon. James Marape has urged the people of rural Usino-Bundi in Madang to use their brand-new sporting complex to also promote agriculture, SMEs and second-chance education. He made the call at Walium Station in Usino-Bundi on Thurday (March 17 2022) when opening the magnificent Usino-Bundi Sports Stadium funded by the

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