Two (2) fellow Melanesian countries are expected to visit Papua New Guinea (PNG) this year on a mission to explore different investment opportunities.
The Investment Promotion Authority in a statement says it is preparing to receive business delegations from Fiji and Solomon Islands in two separate planned investment missions.
The Fiji business delegation will be in the country from March 23rd to 26thto explore investment opportunities in various sectors including tourism, financing, real estate, communications and others. The delegation’s visit is being organized by Invest Fiji which is IPA’s equivalent in Fiji.
The Fiji Delegation will be led by the Deputy Prime Minister and Minister for Trade, Cooperatives, Small and Medium Enterprises and Communications Manoa Kamikamica who will be meeting with his PNG counterpart during the visit.
“Part of the visit will include meeting with PNG companies and Sector Agencies in the delegation’s areas of interest,” said the IPA.
The Solomon Islands Delegation will also be led by their Minister for Commerce, Industries, Labour & Immigration Harry Kumaand. They will be in the country for a fact-finding mission. The delegation is interested to understand PNG’s investment strategies as well as the Special Economic Zone (SEZ) arrangements.
Meanwhile, the IPA is inviting PNG companies who are involved in the sectors of interest to the investors to register their Expression of Interests (EOI) with IPA by contacting the Manager for Investment Promotions Unit Mr. Kamis Yalakun or Senior Public Relations Officer Mrs. Beverly Piawu on emails kyalakun@ipa.gov.pg and beverlyp@ipa.gov.pgrespectively.