Newly Established Trucking Business Investment Opportunity in Lae, Papua New Guinea

- A pre-revenue start-up based in Lae, aims to establish a logistics transport service focusing on ground trucking in Papua New Guinea.
- The venture is set to leverage a B2B model, serving critical industries such as F&B and fuel, with intentions to initially operate within Lae before expanding throughout PNG and the Pacific.
- First plan of action includes utilizing available land for development into a warehouse, stockyard, operational, and administrative base, complete with necessary infrastructure improvements like backfilling and security fencing.
- Regulated service fees will be aligned with the Transport Authority's standard pricing to ensure transparent and fair pricing for potential clients.
- The business plans to create local employment opportunities, fostering economic growth and reducing unemployment rates in the community.
- Committed to promoting SME business in both urban and rural communities, thus contributing significantly to local economic development and GDP growth.
- A strong emphasis is laid on community support, with objectives to channel resources into building and supporting local churches and encouraging SME sector engagement among locals.
- The groundwork is complete, with the business plan prepared and registration under the IPA and IRC finalized.
- The promoter has over 20 years of experience across the manufacturing, agriculture, and retail industries, with expertise as a Human Resource Manager. His wife, a shipping and logistics expert, brings over 20 years of experience to the venture.