The International Finance Corporation (IFC) announced in September 2025 an equity investment in TWM Group, one of Papua New Guinea’s leading waste management and environmental services companies.
The financing package, which includes both capital and technical assistance, aims to expand TWM’s capacity for waste collection, landfill management and recycling operations in Port Moresby and regional centres.
The investment marks IFC’s first major engagement in PNG’s waste management sector and is expected to catalyse broader private participation in essential environmental infrastructure. With PNG’s urbanisation accelerating, municipalities are struggling to manage increasing volumes of solid waste.
TWM’s expansion will introduce modern collection fleets, sorting technology and sustainable landfill solutions that meet international standards. IFC’s involvement will also bring technical support in environmental management, governance, and business development. The goal is to create a scalable model that can be replicated across Pacific Island countries facing similar challenges.
The government welcomed the announcement, citing its alignment with national environmental policies and the circular economy agenda. The partnership is expected to deliver social and economic benefits including local employment and reduced pollution.
TWM Group CEO noted that the funding would enable the company to pursue waste-to-energy initiatives and strengthen its service delivery to both the public and private sectors.
