Papua New Guinea is securing an additional K5 billion for nine impact projects, including a surgical centre at Port Moresby General Hospital, under expanded development cooperation with China formalized through agreements signed on Wednesday in Port Moresby.
The other eight projects are the Somare Park Redevelopment Project; Malalaua High School Redevelopment; International Convention Centre Rehabilitation Project; National Telekom Network Concessional Loan Project; Hela 15MW Photovoltaic Power Generation Project; Household Solar Equipment Project; Malalaua High School Double Classroom Extension Project worth K5 million; and the K10 million Adventure Park Upgrade Project.
Related news: https://news.pngfacts.com/2026/11/png-secures-k5-billion-chinese.html
The Government of Papua New Guinea and the Chairman of the China International Development Cooperation Agency (CIDCA) convened a bilateral meeting at the Sheraton Hotel in Port Moresby on Wednesday to strengthen bilateral partnership and development cooperation.
The meeting resulted in the signing of a Memorandum of Understanding (MoU) and two Exchanges of Notes (E/N) between the Department of National Planning and Monitoring (DNPM), representing the Government of PNG, and CIDCA.
The agreements cover development projects aimed at supporting Papua New Guinea’s socio-economic growth and infrastructure development in line with the country’s Medium Term Development Plan IV.
The projects have been discussed and agreed upon by CIDCA and the implementing agencies, including the National Capital District Commission (NCDC), Governor Hon. Powes Parkop, MP, and Minister for Finance and Member for Kerema Open, Hon. Thomas Opa, MP.
The projects were formally requested by the Government of Papua New Guinea to support national development priorities.
The Exchanges of Notes will be officiated by Minister for National Planning Hon. Sir Ano Pala, KBE, CMG, ISO, MP, and CIDCA Chairman Mr. Chen Xiaodong.
Following the conclusion of the Exchanges of Notes, implementation of the two projects will commence.
Meanwhile, projects listed under the MoU remain pipeline projects and are yet to be formally finalized.
The proposed Surgical Centre Building at Port Moresby General Hospital is estimated to cost RMB200 million, equivalent to approximately K176 million.
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The project has been discussed and is expected to be formalized through a separate Exchange of Notes.
The Chinese Government’s total development cooperation portfolio in Papua New Guinea is valued at approximately K5 billion as of 2026, encompassing loans, grants and pipeline projects.