Lae, Morobe Province , Tuesday, 6 May 2025 – The highly anticipated construction of the new Lae Main Market is set to commence in July 2025, marking a transformative chapter in Morobe Province’s urban infrastructure and economic development. The K100 million-plus project is being jointly funded by the Australian Government as a gift from the people of Australia, New Zealand Government, and Lae City Authority (LCA), and is being implemented under Australia’s Economic and Social Infrastructure Program (ESIP). It is being built to the highest possible standards including to ensure resilience to earthquakes
Delivered in five progressive stages, the redevelopment seeks to create a modern, safe, and inclusive market that can serve the region’s growing commercial demands while elevating vendor and customer experiences across Lae and neighbouring provinces.
Australia Reaffirms Commitment to Long-Term Development
Australian Consul-General for Lae, Mr Brenton Kanowski, highlighted Australia’s enduring partnership with Papua New Guinea and its focus on people-centred development.
“This is more than just a market upgrade,” Mr Kanowski said. “It’s a statement of what can be achieved when we work together with local authorities and development partners to deliver long-lasting, people-centred infrastructure.”
He said the Lae Market plays a crucial role as an economic hub for families, small-scale producers, and informal vendors from across Morobe and beyond.
“For many people in Morobe and surrounding provinces, the Lae Market is their entry point into the economy. This redevelopment will make that entry point safer, more accessible and more dignified,” Mr Kanowski said.
Features of the New Market Facility
The redeveloped Lae Main Market will be a two-storey dual pavilion complex, equipped with:
• SME kiosks and commercial stalls
• Vendor offices and a dedicated vendor entry
• Secure customer parking
• A new police post to improve public safety
• Disability-accessible toilets and showers
• Banking and ATM services
• A waste management system designed to improve hygiene and cleanliness
With construction expected to span 18 to 24 months, the market is projected to be fully operational by late 2026 or early 2027.
Local Jobs, Local Benefits
The ESIP-led project is focused on local participation. Employment opportunities and contract packages will prioritise local businesses and tradespeople.
“This redevelopment is creating jobs and opening the door for local contractors, tradespeople, and vendors. It’s designed to keep the economic benefits right here in Lae,” Mr Kanowski said. “This is a shared investment in Lae’s future – and one that puts Papua New Guineans at the centre.”
Preparedness and Governance in Focus
To prepare for the transition, LCA officials visited the newly completed Kimbe Market in West New Britain Province in late 2024. The study tour helped the team observe operational models and adapt best practices for Lae’s future market governance.
“We commend the LCA team for their forward thinking. They’ve shown real commitment to delivering a market that is not just modern, but also well-run and accountable to the people it serves,” Mr Kanowski said.
Smooth Transition at the Temporary Market
In the meantime, the temporary Lae Market continues to serve the community efficiently. The wholesale section in particular plays a vital role in keeping supply chains active during the construction phase.
A Legacy for the Next 50 Years
As Papua New Guinea celebrates 50 years of independence, the Lae Main Market Redevelopment stands as a legacy project—one that reflects national progress and regional pride.
“This is infrastructure that reflects the dignity of its people,” Mr Kanowski said. “It shows what’s possible when we build not just for today, but for the next generation of Papua New Guineans.”
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