Region: East Asia and Pacific
Country: Papua New Guinea
Sector: Transportation
Topic: Fragile and Conflict-Affected States
Keywords: Fragile and Conflict-Affected States - FCS, Airport
Document Link(s):
Document Summary:
The Asian Development Bank (ADB) and the Papua New Guinea (PNG) National Airports Corporation (NAC) signed a transaction advisory services agreement to develop a new international passenger terminal at Port Moresby (Jacksons) International Airport through public-private partnership (PPP) on 2 February 2017.
Document Details:
The project will use a PPP scheme where the private sector will design, build, finance, operate, and maintain the airport facilities. A new international passenger terminal, the extension of the main runway, and other infrastructure enhancements will help the airport meet forecast air services growth up to 2040. The concession period and other parameters will be determined based on the feasibility study.
Updated: November 19, 2022
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