Papua New Guinea-Asia Investment Conference

Why host conferences overseas?

It aims to gather multi-million Kina investors – and those who are already operating in-country – together to create partnerships and present PNG as an investor-friendly environment.

While local business conferences and SME meetings are equally important for economic growth, the PNG Chamber of Mines President, Anthony Smare, said it is multi-million Kina investments that move our country.

First PNG-Asia Investment Conference starts

The theme of the two-day event is “Partnership for Prosperity”.

The President of the PNG Chamber of Mines and Petroleum, Anthony Smare, will start off the event with welcome remarks.

This will be followed by keynote addresses from Prime Minister James Marape and the acting Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the HKSAR, Li Yongsheng.

PNG to expand access in Asian markets

Prime Minister, James Marape in a press conference held in Port Moresby, announcing his attendance to open the conference, said not only does PNG already export petroleum and minerals to Asian markets, but also timber, seafood and agricultural produce, including coffee.

Prime Minister Marape said PNG does not want to only invite investors to PNG to invest and buy PNG products but also for them to be a part of the government's downstream processing endeavours.

He said PNG wants to elevate from being an exporter of raw products to becoming an exporter of finished products.