PNG Investment Promotion Authority

MoU to combat illegal activities

The MOU outlines a framework for information sharing and cooperation to effectively tackle illegal activities and apprehend offenders who violate relevant PNG business laws.

NGCB Chief Operating Officer, Paul Ketombing, stated that the agreement will enable both organizations to conduct joint programs and awareness campaigns to ensure that businesses follow proper processes, regulate and monitor existing business entities owned by foreign nationals or foreign nationals partnering with PNG nationals.