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June 24, 2021
Business News

ADB 2019 Operations Shows Strong Achievements In Transport, Health & Energy

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2019 operations carried out by the Asian Development Bank (ADB) in PNG showed to have improved transport, health and energy within the country.

This was revealed today at during the presentation of reports on ADB’s operations in the country.

ADB Country Director, Mr. David Hill stated that; “Working together with the government of Papua New Guinea, the achievements we have seen in 2019, particularly in transport, health and energy sectors are a testament to our long term partnership” .

In assistance with the government and PNG Power for the energy sector, ADB aims to increase energy access to 70% of PNG’s population by 2030.

A proposed $295 million Power Sector Development project is underway to expand transmission and network distribution in Port Moresby, Ramu (Madang), and Gazelle (Rabaul).

ADB’s Rural Primary Health Delivery Project in the Health Sector, aims to improve rural health facilities.

It had already established 27 community health facilities in 8 provinces.

And with all initial contracts awarded in December 2018, ADB made inroads and is improving roads and bridges in places like the Highlands highway and West New Britain.

The report highlighted that this will reduce traveling time and costs, while opening business and employment opportunities for locals.

ADB is also involved in private sector investments in the country, through its Private Sector Development Initiative, supported by the Australian Government.

PSDI Coordinator, Rosanda Kora said, this is to create an enabling environment for businesses to operate in the country.

PSDI Coordinator, when presenting their achievements, thanked the Australian government for their support in this program.

By Natasha Ovoi, EMTV News Cadet Journalist

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