Chairman of the Investment Promotion Authority (IPA) Leon Buskens said according to IPA data from 2014 to 2020 statistics, 80% of the foreign investment was from Namatanai District.
Buskens, who was in the district for the opening of the BSP branch, said Foreign Investment in Namatanai District alone was about K340m for the last six years due to forestry, Lihir Mine and Simberi Mine.
“Namatanai District is a powerhouse in PNG so let’s work together because we have a good leader and we have a bright future,” Buskens said.