Papua New Guinea is an expanding economy, experiencing over a decade of robust economic growth, offering increased employment opportunities and strong growth in government expenditure and revenues. The nation is located less than 1,500km from Townsville, creating a gateway to Asia and generating an abundance of opportunity in investment, international relations and alliances.
Port Moresby is the capital of Papua New Guinea and is Townsville's oldest Sister City. Since the establishment of the relationship in 1983, significant economic development has occurred between the two centres with some $500 million in two-way trade now flowing between our ports. The cities claim a strong business relationship and the proximity of the two centres (Townsville is closer to Port Moresby than it is to Brisbane) offer ease and efficiency in trading.
Opportunities for development between Townsville and Port Moresby are plentiful. Air Niugini announced the introduction of direct flights in early 2017, allowing people to transit in less than two hours. Connections out of Papua New Guinea can link travellers to a diverse range of Asian hubs, offering simplicity in international corporate travel and tourism throughout the continent.
Some potential areas for Townsville to explore include:
- Medical research
- IT and telecommunications
- Fresh produce
- Adventure tourism