ADB projects deliver exceptional results

Business

The Asian Development Bank’s billion-dollar portfolio of projects in Papua New Guinea has delivered exceptional results this year, a conference of Government, private sector, and development partners heard yesterday.
The ADB Year in Review was told the portfolio of 18 projects – in areas such as transport infrastructure, maritime safety, civil aviation, climate resilience, and access to finance, and featuring grants worth about $1.58 billion (K5.3bil) – had distinguished itself, with project and compliance ratings both up.
“These unprecedented results of ADB-supported work in PNG this year are a testament to the strong coordination between the Government of PNG, the executing agencies, and other development partners,” said ADB PNG country director David Hill.
“These strong relationships made it possible to build capacity through training workshops on procurement, records management, social safeguards and anti-corruption. This critical hands-on guidance has helped deliver portfolio performance targets above and beyond those of previous years.”
The PNG Rural Primary Health Services Delivery Project, which is supported by the governments of Australia and PNG and the Organisation of the Petroleum Exporting Countries Fund for International Development, is developing national health policies, facilitating sustainable partnerships between provincial governments and non-state actors and upgrading rural health facilities. This year, it had established and handed over 19 community health posts (CHPs) to the provinces.