Why PNG?
Country snapshot
Strategically located between China and Australia, PNG is embarking on a significant growth trajectory already travelled by most neighboring Asian countries.
Strong track record of resource/energy industry projects including the US$ 19 bn PNG LNG project.
Continued large oil, gas, infrastructure, agriculture and resource investments from China, Australia, USA, and Japan set to transform PNG’s economy.
Centralised government with a Westminster system of parliamentary democracy.
Beneficiary of the US/Japan/Australia Trilateral Partnership for Infrastructure Investment in the Indo-Pacific and China Belt and Road Initiative.
Well-regulated mining industry administered by the Mineral Resources Authority (MRA) in Port Moresby and aligned with international best practice.
Govt Backing for Resources Projects – Marape Government executes fiscal stability agreement for Papua LNG (February 2021).
“Strategically located between China and Australia, PNG is embarking on a significant growth trajectory already travelled by most neighboring Asian countries.”
Pacific Mining Watch
PNG is attracting major investment in Resource Projects.
PNG government, corporate investment, and State aid & international development are all contributing to a strong pipeline of asset focused construction projects.
Huge reliance on natural resources for sustained economic growth –sector contributes around 30% to GDP and generates over one third of government income.
Contact us.
Adyton Resources Corporation
Level 14, 167 Eagle Street
Brisbane QLD 4000
Australia
PO Box 5807
Brisbane QLD 4000
info@adytonresources.com
TSXV: ADY | FRA: 701.F
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