Economic Development

Governor Parlwa's strategy for sustainable economic growth in Madang

The Governor's Economic Vision

Building a Prosperous Madang

Governor Ramsey Parlwa's economic development plan focuses on:

  • Creating jobs and business opportunities
  • Attracting responsible investment
  • Developing key economic sectors
  • Supporting small and medium enterprises
  • Linking rural producers to markets
2025 Economic Goals

By 2025, create 10,000 new jobs and increase provincial GDP by 25% through targeted investments and SME growth.

Economic Progress

PGK 1.8B
Total Investments
6,200
Jobs Created
320
New Businesses
15%
GDP Growth
50% Complete
40% Ongoing
10% Planned

Business & Investment

Madang Investment Promotion

Active

Attracting responsible investment to key economic sectors.

  • One-stop business registration
  • Tax incentives
  • Investor support services
  • PGK 850M committed

SME Development Fund

Ongoing

Supporting small and medium enterprises with financing and training.

  • PGK 50M fund
  • 1,200 loans issued
  • Business skills training
  • Market access support

Key Economic Sectors

Tourism Development

Active

Growing Madang's tourism potential through strategic investments.

  • Eco-lodge development
  • Dive tourism promotion
  • Cultural experiences
  • Visitor arrivals up 35%

Agribusiness Expansion

Ongoing

Adding value to agricultural products through processing.

  • 5 new processing plants
  • Export market development
  • Farmer cooperatives
  • 1,500 jobs created

Industrial Zones

Phase 1 Starting

Developing strategic industrial areas with infrastructure.

  • 100ha Madang Industrial Park
  • Utilities and transport links
  • Investor ready sites
  • 3 anchor tenants

Investment Opportunities

Industrial Zones
Tourism Sites
Agribusiness
Special Projects

Economic Success Stories

Lae Biscuits Expansion
Lae Biscuits Madang Plant

Food Manufacturing

"With support from the Madang government, we expanded operations creating 120 new jobs and sourcing local ingredients from 200 farmers."

Madang Dive Resort
Madang Dive Resort

Tourism

"The tourism development program helped us access funding to build 10 new bungalows, doubling our capacity and employing 25 staff."

Highlands Coffee
Highlands Coffee Co-op

Agribusiness

"We transformed from small growers to exporting premium coffee to Australia, thanks to processing equipment grants and export training."

Madang Tech Solutions
Madang Tech Solutions

Digital Services

"The youth entrepreneurship program gave us the skills and seed funding to launch our IT company now serving 50 local businesses."

Workforce Development

Vocational Training

Active

Skills training aligned with industry needs.

  • 5 technical centers
  • 2,000 graduates annually
  • 85% employment rate
  • Industry partnerships

Youth Entrepreneurship

Ongoing

Supporting young entrepreneurs to start businesses.

  • Startup competitions
  • Micro-grants program
  • Mentorship network
  • 120 businesses launched

Start Your Economic Journey

Business Registration

Start your business with our streamlined registration process

Register Now

Investor Services

Explore investment opportunities and incentives

Investor Portal

Tenders & Contracts

Business opportunities with the provincial government

View Tenders