Papua New Guinea’s fourth Special Economic Zone (SEZ) officially commenced its second phase of development on Friday. The launch was presided over by Prime Minister James Marape, signaling governmental support for the project. Details regarding Phase 2 were not provided in the source text, however, the launch suggests continued investment and expansion of economic activity within the zone. Access to further information about the launch is restricted behind a paywall, requiring a subscription to the Post Courier. The SEZ aims to stimulate economic growth and attract foreign investment to PNG. This development is part of the country's broader strategy to diversify its economy and foster sustainable development. The initiation of Phase 2 underscores PNG’s commitment to establishing robust economic hubs.