Prime Minister James Marape on December 11 announced a partial privatization of state-owned electricity provider PNG Power. Marape said the initiative will involve a partnership in which the state retains substantial ownership, but a private investor will assume management rights. The primary goal of the initiative is to attract an investor committed to delivering “cheaper,...

Unlock this article with Premium. To access all premium content, contact us at [email protected]
Already a member? Log in here