The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.

The agreement was signed with the Australian Prime Minister Scott Morrison, the US Vice-President Mike Pence, the Japanese Prime Minister Shinzo Abe, and the New Zealand Prime Minister Jacinda Ardern on Sunday during the APEC Leaders Meeting.

Kina Bank’s vision is to be the Papua New Guinea’s leading digital bank, CEO Greg Pawson tells Business Advantage PNG. He also reveals the ASX-listed bank’s plans to absorb ANZ’s retail, commercial and SME businesses in PNG.