Peter Beswick

Businesses confident in investing in PNG

BSP Group General Manager Corporate Bank, Peter Beswick said ,“Announcements by investors in Papua New Guinea and the South Pacific has demonstrated a strong international investment intentions that will lift economic activities for PNG and the South Pacific in  2022.”

Beswick said, “The mining companies continue to be an attractive investment destination. Growth in mining industry is estimated to be 5.4%, which reflects the expected recommencement of the Porgera and improvements in OK Tedi production and Wafi-Golpu this year, 2022.”