Lae is Papua New Guinea's industrial heart and communications centre with considerable activities in manufacturing, trading agri-business and most recently fisheries.
It connects or is the gateway to the highly populated highlands and Madang Province and provides easy access for road transport for transporting of cash crops especially coffee and also provides the largest port facilities in PNG that service about 70% of trade in the country.
Most recently there have been new investments in Lae, The Hidden Valley in Wau, RH Group's news paper printing facility and wholesale, Frabelle's fish cannery and Ramu Agri-Indutry's diversification from sugar into cattle, oil palm & cashnew nut.
Lae is home to major international and local companies and situated in the Huon Gulf and is the capital of Morobe Province. It's Airport is about 20 to 30 minutes drive from town and there is regular flught to and from Port Moresby and other domestic centres also home to UNITECH (University of Technology).
It also has other tourist attractions like the Botanical Gardens, The Universvity rain forest and wildlife Habitat.
To do business in Lae, simply contact Investment Promotion Authority through http://www.ipa.gov.pg/ or Lae Chamber of Commerce; lcci@global.net.pg
Friday, August 22, 2008
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