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This is the second of a series of articles covering investment opportunities in Papua New Guinea and the regulation of foreign investment in the country. The first article appeared in the May 1994 issue. Footnotes are numbered consecutively through the entire series.
Although mining and petroleum will continue to contribute significantly to real GDP growth in Papua New Guinea for at least another decade, five other sectors are now poised for expansion: forest products, marine products, agriculture, tourism and services, and manufacturing. As the following discussion shows, attractive investment opportunities exist in all seven sectors.
Mining
PNG's abundant mineral wealth continues to make mining one of the most profitable sectors in the economy, but foreign investors have been concerned about a number of...