7 Aug 2002

PNG's leading industries join forces to prepare report on country's declining economy

11:47 am on 7 August 2002

The leaders of Papua New Guinea's main industries will present a combined report to the new government outlining their concerns over the country's declining economy.

It will focus on the worsening state of main tranport routes such as the Highlands Highway, law and order, company taxes, and declining foreign investment.

One of the report's contributors, the PNG Chamber of Mines and Petroleums says the agriculture and coffee industries are already at a standstill because of the poor state of transport routes and infrastructure.

The chamber's Executive Director, Greg Anderson says the country's bad state of affairs could jeopardise major development projects such as the multi-million dollar PNG to Queensland gas pipeline.

"The highlands highway is the major infrastructure link which goes from Lae all the way up to the highlands.And the highlands is the major coffee growing area in the country. There's a lot of vegetable products come out of there. It's an export centre of mineral and petroleum. The gas-pipe line, will be accessed through the highway. So it's a vital link and has to be addressed."

Greg Anderson from PNG's Chamber of Mines and Petroleum.