076_Global12_InFocus_Zimbabwe

Global 13

In FocusPapua New Guinea Mineral riches could yet bring much-needed change Already known for its copper, gold and silver mines, Papua New Guinea is about to refurbish its economic image as a major exporter of liquefi ed natural gas too – with the hope that, this time, the people fi nally get a share of the wealth Chris Pritchard Although the mining industry provides tainous country, where many poor and far- have an export focus alone,” he maintains. the greatest share of Papua New Guinea’s fl ung places are otherwise reached only by Instead, the country needs those that “cre- export revenues, pessimistic citizens have air or river. ate jobs, boost investment and meet domes- little expectation that even the massive new The government is fi rmly in favour of tic energy needs”. natural gas projects now being developed encouraging additional developments, Further, O’Neill encourages foreign will make them rich. After all, previous claiming that they will improve the lot of companies “to look at taking on board large mining projects have not yet done so. the rural populace. As Prime Minister Peter Papua New Guinean investors and part- But the mining companies contend that O’Neill notes, future projects should bene- ners from the outset. We have successful they have bankrolled lifestyle improve- fi t ordinary citizens and not just the foreign contractors, transport operators, engineers ments: better medical care and education investors. He describes his government as and other professionals, retailers, farmers, as well as infrastructural developments, in- “fully committed” to the “right mix” of manufacturers and processors – all with cluding vital road links in this large moun- projects. “We don’t just want those that funds or access to funds that can be used Credit: Ok Tedi Mining Limited 76 lwww.global-briefing.org first quarter 2013global


Global 13
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