Papua New Guinean Manufacturers Increase Investment Amid Economic Challenges
Manufacturers in Papua New Guinea are significantly increasing their capital expenditure, as reported by the 2026 Business Advantage PNG / Westpac PNG 100 CEO Survey. A majority of larger manufacturers, about 63%, are planning to boost their investments this year. This trend is driven by the need to replace imports due to supply chain issues, as well as the desire to expand local manufacturing capabilities. Companies like Taylor Pacific and PNG Forest Products are leading this charge, with Taylor Pacific focusing on increasing protein availability through poultry and other products, while PNG Forest Products is expanding its plywood production for export. Despite these positive developments, challenges such as rising fuel costs and geopolitical tensions, like the Iran war, are expected to increase operational costs for manufacturers. 
