Public and Private Partnerships

by | Jul 18, 2016 | 0 comments

Under the Government Public Private Partnership Policy, the Private sector will be invited to partner the Government with the aim of ensuring efficiency in the State owned enterprises, creation of employment for our citizens and increasing income earning opportunities for our people. A partnership at a ratio of 49% – 51% in favour of the Private Sector will be undertaken. Citizens, Local Level Governments, National Financial Institutions , Unions, NGOs and Churches will be invited to buy shares in this arrangement. Entities such as PNG Power, PNG Ports, Telikom and Waterboard, will be exposed to this Policy.

The Government in recognition of the role the churches play in the development of our country will provide targeted funding under a Church Government Partnership arrangement.