Papua New Guinea sits on the South Pacific near Equator, North of Australia and next to Indonesia. It has approx. 6 million populations in more than 1500 islands.
Different tribes settled down here as early as 50,000 years ago, and have developed different culture without communicating each other. There are more than 800 different language spoken in Papua New Guinea; people communicate by the 3 x common languages, English, Tok Pidgin & Motu.
Papua New Guinea is rich in mineral resources.
Oil, Gold, Copper, Nickel, Tuna, Timber, Copra are some of the examples.
Above all, US$15Billion LNG Project, led by Exxon Mobil has got the spotlight of the world. Benefit sharing agreement was done in May 2009, and Final Investment Decision was made on 08th Dec 2009 between the Exxon Mobil & Papua New Guinea government. The first export of LNG is expected to be on 2014.
On the other hand, living cost is very high, because there is virtually no manufacture industry and depend most of the goods on import. Due to the sudden increase of the business demand, short term & long term accommodation fees have gone very high; become one of the most expensive cities in the world. For example, business hotel room costs around US$300 per night or more and monthly rental of apartment is no less than US$3,000 per month.
It is common for a visitor to hire a chauffeur. Although there is a rent a car services, it is not recommended for a visitor to drive around because of the law & order problem, no street lights, and no road signs.
Business regulations and practices are more or less based on Australian system, but quite modified to “PNG way”.
You may have a problem with the employee or community if you don’t understand the
“PNG way” such as traditional custom/belief, “wantok” connection, etc.
The ethnic crash between Chinese & Papua New Guinean at Ramu Nickel Mine in May 2009 would have been avoided if they follow the “PNG way” when conducting business.