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PNG JOINS ASIAN INFRASTRUCTURE INVESTMENT BANK

PNG JOINS ASIAN INFRASTRUCTURE INVESTMENT BANK. PNG Voice “PNG’s flag was raised at the Asian Infrastructure Investment Bank in Beijing on 13 May 2024 in a historic ceremony marking PNG’s membership.  The flag raising was with AIIB President Jin and senior members of his team, following on from Prime Minister Marapes visit on 17 October 2023.  PNG joins 109 other members covering 81% of the world’s population and 65% of the global economy. AIIB supports both government and private sector “infrastructure for tomorrow” – i4t – projects.  Our membership of the AIIB opens the doors to more investment in good, sustainable projects which can lead to more growth and jobs” stated the Minister Assisting the Prime Minister on Treasury Matters, Ian Ling-Stuckey. “The AIIB’s operational focus is on green infrastructure, connectivity and regional cooperation, technology enabling infrastructure, and private capital mobilization.  The AIIB green focus works well for PNG because we...

Connect PNG Program is an Outright Scam! by Peter O'Neil, MP.

A report by former Prime Minister Peter O'Neil of Papua New Guinea has raised serious concerns about the Connect PNG program, labeling it as a scam due to wastage, cronyism, and questionable payments. The report revealed nearly two billion Kina spent over two and a half years, with payments for personal expenses, media outlets, penalties, and accommodations raising suspicions of misuse of funds. O'Neil expressed support for the program's concept but highlighted instances of what he called "highway robbery" instead of actual highway construction. Read Mr. O'Neil's report below. Department of Finance Papers show the Facts:  Connect PNG is an Outright Scam! By Peter O’Neil MP. Please forward. The Connect PNG concept is admirable, and I have said multiple times, that as a policy, it has my support as did Link PNG under my Government, However, the wastage, cronyism and payments to relatives made under Connect PNG amount not to building highways, but highway rob...

Connect PNG - A Road to Hope and Progress in Papua New Guinea.

Connecting Papua New Guinea! The Connect PNG Program aims to enhance the road connection between Kerema and Menyamya in Papua New Guinea, bridging the gap between rural and urban areas. (Image: PNG Voice) Connect PNG - A Road to Hope and Progress in Papua New Guinea. Reported by Mr. Joshua Honnes In a significant development for Papua New Guinea (PNG) , the long-awaited road connection between Kerema and Menyamya is not just a promise, but a reality that promises to transform lives and communities. This groundbreaking initiative is set to bridge the gap between rural and urban areas, unlocking access to vital services and opportunities previously out of reach for many. No longer will the journey to essential services be measured in days of arduous trekking, but in the mere distance of a well-traveled road. The road connectivity is poised to put an end to the isolation of Kerema and pave the way for enhanced access to Menyamya. Crucially, this endeavor transcends political divide...

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