MRDC Calls for Tourism Investment Incentives

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The Managing Director of the Mineral Resources Development Company (MRDC), Augustine Mano, has called on the National Government to introduce targeted investment and taxation incentives to grow tourism across Papua New Guinea. Speaking at the Papua New Guinea Tourism Summit 2026 in Port Moresby today (Tuesday 13 October) Mr Mano said the incentives must reach beyond large hotels and established operators.

“These incentives should extend to traditional landowners, community enterprises and small and medium businesses seeking to develop tourism products and experiences,” Mr Mano said.

Mr Mano said PNG had long built its economy on gold, copper, oil and gas, but its people, cultures, rainforests and biodiversity were assets whose economic potential remained largely unrealised.

“Unlike the minerals we extract from the earth, our forests, our wildlife, our cultures and our natural landscapes can continue generating economic opportunities for generations, provided we have the wisdom to protect them,” he said.

MRDC investing ahead of demand Mr Mano said MRDC, with the backing of its resourceowning shareholders, had followed through on the tourism commitment it made at last
year’s Summit:
• Kikori Heritage Hotel, Gulf Province — opened in September 2026
• Kutubu Heritage Hotel — scheduled to open November 2026
• Kerema Heritage Hotel — scheduled to open December 2026
• Tari Heritage Hotel — scheduled to open September 2027
• Cultural and performing arts centre, Star Mountain Plaza — scheduled to open June 2027

He also pointed to MRDC’s investment in PNG Air, which is recording 86 per cent on-time performance and 3 per cent cancellations.

“We are investing ahead of established tourism demand, and that carries commercial risk. But we believe the long-term economic value justifies taking that risk,” Mr Mano said.

Mr Mano said hotels alone would not build an industry. Reliable air connections, roads, power, water, telecommunications, security and efficient visitor entry were needed, along with coordinated regional planning such as the tourism masterplan under way in East New Britain.

He said success should be measured by Papua New Guineans employed, local businesses supported, foreign exchange earned and activity reaching the provinces and by how well natural and cultural assets are protected.

“At MRDC, we have taken the first step. And now, I invite you to join us.”

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