International Trade & Development - Lae, Morobe Province, Papua New Guinea
Lae, the capital of Morobe Province and the gateway to the Highland Provinces, is the second largest City in Papua New Guinea with a population of around 350,000 people (preliminary figures from the year 2011 census).An investors paradise - Lae & PNG welcome any quality ad professional business to participate in the growth and propserity of our resource and agri-rich country.Being the Industrial center of PNG, Lae boasts of a wide range of businesses and a A vibrant commercial sector involved in importing, re-packaging, manufacturing, transportation and exporting goods to and from nearby Provinces, in particular the Highland Provinces. The Highlands Region has the most dense population in the country, and a large percentage of all goods travel from Lae along the Okuk (Highlands) Highway to the seven Highland Provinces; these being Eastern Highlands, Simbu, Western Highlands, Southern Highlands, Enga, Jiwaka and Hela. Connected to the Resource sector, especially the Hidden Valley Mine, the Wafi-Golpu mining developments and the LNG Gas project. The Japanese International Cooperation Agency (JICA) have recently completed a Lae-Nadzab Urban Development Plan which will formalize the current trend to develop much of the Nadzab corridor in early 2020.The Highlands and Morobe Provinces produce the majority of PNG's coffee, which is one of the prime export products from the Lae Port. The Lae seaport contributes in excess of 60% of Papua New Guinea's movement of import & export cargo in any one year, as well as receiving and distributing cargo for and on behalf of the outer sea ports in Papua New Guinea, which makes Lae Port one of the busiest ports in the Pacific Islands region.Due its locality, the Lae Chamber of Commerce Inc. represents a large number of the businesses that function in this industrial hub of Papua New Guinea, thus contributing to our robust Chamber. A strong manufacturing sector has developed producing many and varied products.
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