PUBLIC + PRIVATE + PEOPLE = A FUTURE-READY PORT OF LAE

To support the ourishing Lae sheries sector—a major growth driver of the Papua New Guinea (PNG) economy—as well as the Morobe Province’s industrial base (especially its agro-processing and mining sectors): this is the vision for the Port of Lae. With the redevelopment, the port is geared to become a premier hub for Asia-Oceania trade. Key to the port program are the partnerships between the public and private sectors, and the private sector and host communities.

Port authority PNG Ports Corporation Ltd.

having successfully overseen the 2014 initial upgrade in Lae, is keen on ramping up operational efficiencies and port performance, towards Lae’s increased competitiveness in the South Pacific, and to boost regional trade capabilities.

Private sector partner International Container Terminal Services, Inc. (ICTSI),

through PNG unit South Pacific International Container Terminal (SPICT), is investing in major equipment upgrades and leadingedge information technology. Equally significant are its investments in the people being hired for the redeveloped port.

Partner Communities represented by AHI Investments Ltd. and Labu Holdings Ltd.

are engaged across several areas in the program. They will bene t directly from port employment, with global standard training and bene ts packages, and career pathing and mentoring.

Underpinning the sustainable port development are community programs to be carried out by the ICTSI Foundation, AHI Hope Foundation, the national and local governments, and host communities.

Together, the PNG Government, ICTSI, and the Partner Communities are optimizing PNG’s potential across borders—and working for development that is sustainable across generations.