Legal Market Overview
Papua New Guinea is a developing economy dominated by the agriculture, minerals, energy, banking, agriculture and forestry sectors. Its economy has been hit hard by the global pandemic but foreign investment in the minerals and energy sectors is recovering and some delayed projects are resuming.
With a high proportion of the population living in rural, and often remote, areas a large proportion of employment is in small-scale and informal farming. Infrastructure development is needed to reach these areas, and foreign investment and expertise is in demand for such projects.