Papua New Guinea’s relationship with Australia is evolving into a strategic and economic partnership.
Australian Minister for International Development and the Pacific, Concetta Fierravanti-Wells, said this in Port Moresby during the Australia-PNG Business Council Forum.
Fierravanti told participants that Australia was committed to assisting PNG develop a conducive business environment, adding that many Australian businesses operate in PNG.
“Up to half of Australia’s $500 million development program in PNG is dedicated to infrastructure that will increase productivity and produce better paying jobs,” she said.
“The Australian Government invests more than a $100 million in ‘Aid for Trade’ initiatives to drive that engine.”
The minster, however, said there was more that still needed to be done and assured ongoing support to PNG.