2025年巴新经济部门表现与挑战
Shang Wu Bu Wang Zhan·2025-12-31 17:19

Agriculture Sector - Cocoa exports are performing strongly, with revenue reaching a historical high of 1.2 billion Kina in 2024 and expected to increase to 2 billion Kina in 2025, driven by production increases in provinces like Bougainville [1] - Global cocoa prices have declined from approximately $10,000 per ton at the beginning of the year to about $6,000 per ton by year-end due to production recovery in Côte d'Ivoire [1] - The coffee industry is facing challenges, with declines in production, yield, and exports despite high global market prices; key measures include the "Freight Assurance Program" launched in July and the establishment of a new coffee processing plant in Morobe Province [1] Mining and Oil Sector - The mining sector, while not in its best year, has made significant contributions to the economy through company income taxes, with the Domestic Revenue Commission collecting around 1.6 billion Kina from major mines, aiming for a total of 2 billion Kina for the year [2] - Investment in the Central Province's lime and cement project exceeds 3 billion Kina, with a final investment decision expected to reduce cement imports by 50% [2] - The PNG LNG project has generated over 5 billion Kina in export revenue this year, while the Papua LNG project's final investment decision has been postponed to early 2026, which is crucial for the future development of the oil sector and meeting long-term demand in Asia [2] Retail, Manufacturing, and SMEs - Retail and manufacturing activities in Port Moresby are relatively subdued, facing intense competition, while the manufacturing sector is hindered by ongoing power outages and high network costs, leading to significant losses [2] - The performance stagnation of state-owned enterprises and infrastructure issues are identified as barriers to economic growth [2] - Access to funding for small and medium-sized enterprises (SMEs) remains a major obstacle, with government support funds struggling to reach entrepreneurs due to banking policy regulations [2] - The geographical advantages of Papua New Guinea present significant trade potential, but overall growth requires the finalization of large resource projects like Papua LNG to stimulate downstream business activities and address critical infrastructure and financing challenges for SMEs [2]

2025年巴新经济部门表现与挑战 - Reportify