Banking state-owned enterprise (SOE) PT Bank Rakyat Indonesia (Persero) Tbk or BRI is involved in the syndicated financing of the Trans Papua Road project, Jayapura-Wamena Section, Mamberamo-Elelim Segment in the Papua Mountains Province.

Indonesian Chamber of Commerce and Industry (Kadin) Papua said that the Pacific region is a site of future economic opportunity. Hence, the Kadin branch invites business actors to start working on said potential.

The Papua Provincial Government trained dozens of micro, small and medium enterprises (MSMEs) about how to enter the export market on Oct. 22, 2024. The training provided includes improving the quality of export products to export procedures and mechanisms.

Indonesian Chamber of Commerce and Industry (Kadin) Papua Province Chairman Ronald Antonio Bonai said that in Papua Province, a number of investments have entered downstreaming efforts in its economic sectors.

The National Research and Innovation Agency (BRIN) is developing the white paperbark downstream industry in Rimba Jaya Village, East Biak District, Biak Numfor Regency, Papua Province. Biak Numfor Protected Forest Management Unit (KPHL) Technical Implementation Unit (UPTD) Head Meilanny Margaretha Lea claims that the industry provides economic benefits to the local community, especially in terms of school fees and social benefits.

President of Indonesia Joko "Jokowi" Widodo received a working visit from Papua New Guinea (PNG) Prime Minister James Marape at the Bogor Palace on Jul. 15, 2024. The two leaders agreed on four memoranda of understanding (MoUs) in the areas of commercial bus crossings, goods crossings, health cooperation, and education cooperation. On this occasion, the President also expressed condolences for the landslide disaster and mentioned the previous aid provided to the landslide victims in the PNG.

A digital investment gallery was officially launched by the Jayapura Regency Communication and Informatics Agency (Diskominfo) on May 27, 2024 in collaboration with the Indonesia Stock Exchange (IDX), and Philips Indonesia's Papua Region branch.

The Papuan People's Representative Council (DPRP) is supporting the development of tourist attractions in Waiya Village, Depapre District, Jayapura Regency, Papua Province by providing building materials for tourist cabins. DPRP Speaker Jhony Banua Rouw stated in Jayapura on Jun. 7, 2024, that this assistance is intended to help tourist cabin managers enhance tourism in the area.