US$3bn loan sought by Papua New Guinea government to upgrade key road
First publishedin World Highways
The Papua New Guinea government is looking to borrow US$ 3billion to upgrade the country’s vital Highlands Highway.
Francies Awesa, the works minister, will go to China to negotiate a loan for the project. The Highlands Highway serves three million people living in highland provinces, and upgrading the road is seen as an important priority for the government’s economic policies.