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48444-005 - Sustainable Highlands Highway Investment Program, Tranche 2
Details
Location:Papua New Guinea
Category:Unspecified/other
Status:Approval
Sectors:Transport
Contracting authority: Department of Works & Highways
Description
Project Title: Sustainable Highlands Highway Investment Program, Tranche 2 Project Number: 48444-005 Countries: Papua New Guinea
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tender Background
About the Funding Agency
OPEC Fund for International Development
The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.
About the Sectors
Transport
Involves initiatives related to the movement of people, goods, and resources through land, water, and air transport systems.
Key areas:
- Land transport infrastructure and services
- Railways, metro, and tramway construction
- Air transport operations and air traffic systems
- Water transport and navigable waterways
Locations
Papua New Guinea
Papua New Guinea (PNG) is a resource-rich lower-middle-income country whose economy is heavily dependent on extractive industries, particularly liquefied natural gas, mining and petroleum. While resource exports generate substantial revenues, growth has been uneven and infrastructure deficits remain significant. Development strategies emphasise improving transport and energy infrastructure, strengthening governance and expanding agricultural productivity to support inclusive growth. Fiscal pressures, law-and-order concerns and vulnerability to commodity price fluctuations present ongoing challenges. Enhancing human capital and institutional capacity is critical to translating resource wealth into broad-based development outcomes.
Nr. of tenders: 9165
Nr. of grants: 2019
Nr. of donors: 421
Nr. of jobs: 50
Nr. of tenders: 9165
Nr. of grants: 2019
Nr. of donors: 421
Nr. of jobs: 50
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