Mark Robinson, Chief Executive Officer of Bank South Pacific has expressed his enthusiasm for the economic potential of Papua New Guinea over the next decade. During a meeting held recently with the Prime Minister and Treasurer, James Marape, Robinson conveyed his confidence in the country’s trajectory. Marape highlighted the nation’s readiness for significant growth over the next ten years, commencing in 2024, driven by the development of six major resource projects. Emphasizing his expectations for a substantial economic surge, he foresees PNG achieving a noteworthy milestone, reaching a K200 billion economy by the year 2030. “These pivotal projects include the reopening of the Porgera mine, the progression of the Wafi-Golpu mine, and the strategic development of Papua LNG, P’nyang LNG, Pasca LNG, along with the promising new Wildbeest gas discovery by ExxonMobil in the Eastern Papuan Fold Belt.” “We want you to grow higher over the next 10 exciting years coming up,” Prime Minister Marape conveyed to Mr. Robinson. In response, Mr. Robinson expressed his excitement, stating, “I’m very excited, and there is a lot more we can do to serve the country and the region, and be more efficient.” “The people of PNG from our income as shareholders.” “About 85% of the bank is owned by PNG. We’ve also got 10% ownership from Pacific countries.” Meanwhile the Prime Minister’s meeting with Robinson covered various important issues related to the PNG Economy. The shared optimism and commitment to growth underscore the collaborative efforts to harness the economic opportunities that lie ahead.