3 Dec 2012

PNG government promises investors improved infrastructure and curbs on corruption

6:15 pm on 3 December 2012

Papua New Guinea's Prime Minister, Peter O'Neill, says the country is working on improving its infrastructure and stamping out corruption to make it a more attractive place to do business.

Mr O'Neill has told a mining conference in Sydney the PNG political environment has continued to stabilise since the elections earlier this year.

He says the improved political stability would be of benefit to the resource companies seeking to do business in the country.

Mr O'Neill says the new government is also working hard to stamp out corruption, which is often an impediment to business, and had set up a taskforce to tackle the problem.