Port Moresby Chamber of Commerce and Industry

Pilot project to commercialize customary land

Lands Minister John Rosso announced this during a presentation to the Port Moresby Chamber of commerce and Industry.

Rosso said the pilot will be conducted using the existing provisions in the Land Act 1996.

He said the pilot project is in recognition of the fact that State land is all but exhausted in all urban centers and the demand for land by both the State and the private sector are on the increase and encroaching on customary land

The pilot will be tested in Port Moresby, specifically the Napa Napa area, and will generate the templates for application;

Master tourism plan being developed: PM

Speaking at this morning’s Port Moresby Chamber of Commerce and Industry breakfast, the Prime Minister laid out his government’s plans to attract investors and strengthen PNG’s economy.

He said the Government’s tourism master plan will begin with investment in Kokopo, East New Britain Province.

“That will be a special tourism zone which will give incentives to potential investors in that industry,” stated PM O’Neill.

Conn pays tribute to McLay

Speaking to Loop PNG from Alotau, he said: “Alan was a stalwart for the business community in Lae, well-respected and constant in everything.”

Conn relayed that McLay’s heart was always with the people of Morobe that there was no doubt the people of Morobe will miss him.

Referring back to conversations with McLay, Conn said he had been very critical of the fact that there was more development happening in Port Moresby in comparison to Lae.

Heavy rain washes away bridge in Lae

The Port Moresby Chamber of Commerce and Industry Secretariat in an email to its members advised them to take precaution if travelling to Lae.   

“For anyone planning to travel to or from Lae today please note the road has washed out at 11 Mile and access to and from Nadzab (Airport) is cut off.”

The road also links the Highlands Highway to Lae city.

Picture source: POMICC Secretariat.  

Addressing Impact of Family Violence on Business

The discussion topic was centred on family and sexual violence and explored the potential for the Business community, in partnership with other stakeholders to address this issue.

The panel discussion brought together self-esteemed group of business leaders and associated service providers to discuss on what the PNG business community is doing to address family and sexual violence in communities and the workplace.

PMCCI and ADB to launch multi-donor trust fund

The launch of the ADB’s Asia Pacific Project Preparation Facility (AP3F) managed by the Asian Development Bank to prepare, structure and place bankable public–private partnership (PPP) projects in the market.  

AP3F’s primary objective is to accelerate infrastructure development by providing  project preparation support to governments, including due diligence and advisory work.  

The facility can also provide capacity and policy development support, as well as monitoring and restructuring work for existing projects.