Consistent with government policy, a Financing Agreement 2010 was executed by and between the Independent State of Papua New Guinea and the International Development Association of the World Bank, through which the World Bank agreed to extend to the State, a credit in the amount of US$15million to assist in financing the Rural Communications Project (RCP).
The State appointed and designated the then Papua New Guinea Telecommunications and Radiocommunications Technology Authority (PANGTEL) which was subsequently abolished and succeeded by the National Information and Communications Technology Authority (NICTA) in 2010 to be the project implementing agency. A Project Agreement was executed by the World Bank and PANGTEL giving effect to this arrangement.
Under the RCP, two (2) demonstration projects have been successfully implemented