📋 Tender Overview
On December 9, 2025, The Asian Development Bank (Adb) Signed A Loan Agreement Totaling Us35.8 Million With Air Niugini Limited (Hereinafter Air Niugini), The National Airline Operator Of Papua New Guinea, Using The Jica-Funded Leading AsiaS Private Infrastructure Fund 2 (Leap 2). Of This Amount, Us16.8 Million Will Be Provided Through Leap2. This Project Is Being Implemented In Collaboration With Export Finance Australia (Efa), Which Also Signed A Us35.8 Million Loan Agreement With Air Niugini. Leap2 Is A Trust Fund Of Up To Us1.5 Billion That Jica Invests In Adb For The Purpose Of Financing And Investing In High-Quality Infrastructure Projects Implemented By The Private Sector In Adb Target Countries In Asia And Oceania. Projects Funded By Leap2 Include Reducing Carbon Emissions, Improving Energy Efficiency, And Providing Affordable And Accessible Healthcare, Education, And Communications Services. Funds Raised From This Loan Will Be Used To Support Air NiuginiS Purchase Of Six New Airbus A220-100 Aircraft, Supporting The Replacement Of Older Aircraft And The Introduction Of Safer, More Fuel-Efficient Aircraft. Due To Papua New GuineaS Harsh Topography And Limited Land Transportation Options, Air Transport Is Extremely Important To The CountryS Economy, And Air Niugini Plays A Key Role In Connecting The Country Both Domestically And Internationally. Through The Introduction Of New Aircraft Through This Loan, Air Niugini Is Expected To Improve Its Operational Capabilities And Provide Safe And Comfortable Transportation Services. Additionally, The New Aircraft Is More Than 20% More Fuel Efficient Than Older Aircraft, Which Is Expected To Reduce Transportation Costs And Environmental Impact. This Project Will Lead To The Introduction Of Aircraft That Are Highly Safe, Have A Low Environmental Impact, And Are Highly Economical From A Life Cycle Cost Perspective, Contributing To The Promotion Of Quality Infrastructure Investment. This Will Also Contribute To Sdgs Goal 9 (Create A Foundation For Industry And Technological Innovation) And Goal 13 (Take Concrete Measures To Combat Climate Change). Aircraft To Be Introduced To Air Niugini Through This Project Related Links
