$640 million for Papua New Guinea Airports

Papua New Guinea is to upgrade its 21 national airports.

November 27: In a plan to upgrade its 21 national airports, Papua New Guinea (PNG) has initiated a ‘Civil Aviation Development Investment Programme’ to strengthen safety and services to the Pacific islands.

PNG’s topography limits road travel, making safe, affordable and reliable air services critical to the development of the region. The Asian Development Bank (ADB) has approved a US $480 million multi-tranche 25-year loan as part of the country’s $640 million plan to upgrade its airports, which are struggling to meet International Civil Aviation Organisation safety and security standards, according to PNG’s Civil Aviation Authority (CAA).

The government and private sector is expected to provide the balance of the $640 million, and work is likely to last nine years under the supervision of the CAA.