Papua New Guinea’s Independent Consumer and Competition Commission has launched a new five-year corporate plan aimed at strengthening competition, consumer protection and economic regulation.
The ICCC Corporate Plan 2026–2030 was launched at APEC Haus in Port Moresby by Minister for Rural and Economic Development Joseph Lelang and ICCC Commissioner and Chief Executive Officer Roy Nunts Daggy.
Developed with support from the Pacific Private Sector Development Initiative, the plan establishes four broad goals reflecting the Commission’s responsibilities as Papua New Guinea’s principal competition and consumer regulator.
These include protecting consumers, encouraging competitive markets, regulating industries and prices where required, and strengthening the ICCC itself as an independent and expert economic regulator.
The direction of the new plan is important for Papua New Guinea’s private sector because the ICCC plays a central role in areas ranging from competition and mergers to pricing and regulation of essential services.
As the economy expands and attracts new investment, particularly in infrastructure, telecommunications, energy and other regulated sectors, predictable and transparent regulation is increasingly important to both domestic and international businesses.
Daggy said the plan was intended to ensure the Commission used its independence, expertise and integrity to deliver tangible results for families, businesses and communities.
The Pacific Private Sector Development Initiative said the plan would guide the ICCC’s strategic direction for the next five years.
A more capable competition regulator is particularly relevant as Papua New Guinea markets evolve, digital services expand and new entrants challenge established business models. Effective competition policy can help create opportunities for new businesses while ensuring established operators compete under clear rules.
Consumer protection is another major element of the strategy, particularly as more Papua New Guineans begin using digital financial services, e-commerce platforms and mobile technology.
The plan also reflects a wider push within Papua New Guinea to strengthen institutions that support private-sector development and create greater confidence for investors.
The ICCC was established to promote competition and fair trading while protecting consumers and regulating prices and services in areas where competitive market forces alone may not provide adequate safeguards.
