22 May 2012

PNG Social Democrats seek infrastructure boost

12:33 pm on 22 May 2012

Papua New Guinea's Social Democratic Party says it wants to expedite investment in key infrastructure and basic services to make the most of the country's economic growth.

The party's leader, Powes Parkop, says the country is at a critical point in its history heading into next month's election.

Following a decade of strong economic growth, PNG's GDP is expected to further increase in the coming years on the back of revenue from Exxon Mobil's large LNG gas project and other major resource operations.

Mr Parkop says this period of growth may be PNG's only chance to use the money constructively.

"We want to invest that money now. We want to invest it in big infrastructure, opening up the country, bringing in railways, investing it in education and health, investing it in food production, investing it in institutions of state, so that we set the basis by which a better future can be built."

Powes Parkop