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- Operations
- Sustainable Highlands Highway Investment Program (Tranche 2)
Sustainable Highlands Highway Investment Program (Tranche 2)
Papua New Guinea
| Borrower | Papua New Guinea |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 25.06.2020 |
| Signed | 07.12.2021 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | - |
| Co-financiers | ADB, Government of PNG |
| OPEC Fund Contribution (US$m) | 50.00 |
| Total Project Cost (US$m) | 395.00 |
To construct / rehabilitate 71 bridges along the national Highlands Highway connecting landlocked mountainous provinces to the coastal province of Morobe and the Lae maritime port, thereby enhancing trade and promoting economic development. The project will benefit about 3 million people in the region.