Richard Maru

PNG prepares for WIBF 2023 Steering Committee

The two-day event is estimated to be hosted at a cost of over K6 million. The National Government has already committed K2 million towards this event.

The Steering Committee for the 2023 WIBF Papua New Guinea is tasked to organize the country’s biggest national event since the APEC meeting in 2018.

MRL encouraged to look into agriculture

This was stated during the two Capital Market Licenses that were granted by the Securities Commission of Papua New Guinea.

Maru added that Agriculture can be a topic of discussion according to MRL Capital Ltd.’s Risk Management frameworks. He added that due to MRL Capital’s impressive record on their growth, this is a great way to expand.

“I want to inform the market today that we are working on the amendments to make sure that the fund manager is separated from the funds.

Maru calls for review of bilateral relations

He stated this during a bilateral meeting with Australian counterpart Trade Minister, Don Farrell in Australia at the margins of the PNG-Australia Ministerial Forum recently. 

The 29th PNG-Australia Ministerial Forum was convened on the back of the historic visit by Australian Prime Minister Anthony Albanese to PNG. 

Investors eye PNG downstream processing opportunities

In his parting message to the Minister for International Trade and Investment, H.E Aun requested Minister Maru to travel to Malaysia to meet Malaysian investors who want to explore agriculture and manufacturing investment opportunities in Papua New Guinea.

High Commissioner Aun stressed that these Malaysian investors were keen on downstream processing of Papua New Guinea’s raw materials and shipping services.

Gabadi suitable for rice farm: Investors

The investors arrived in the country this week to discuss ways and possibilities for advancing rice farming in the country. 

They want to establish an 800-hectare estate rice model farm and train and support local village out grower farmers under family owned or rice-cooperative farmers from Brown River to Vanapa and to Gabadi all the way to Bereina.

The Filipino investors’ plan for this Rice Nucleus Estate Model Farm that aims to set up rice demonstration blocks, a rice processing plant and farmer training facilities for out growers. 

Maru adamant to connect PNG to Indonesia

Minister for International Trade and Investment, Richard Maru made these remarks when meeting with Indonesian Ambassador to Papua New Guinea, Adriana Supandy in Port Moresby on Friday 20 January.

He said both countries must also look at having a sports relationship to build people-to-people relationship in addition to our students going to study in Indonesian Universities and Colleges.

“When I first took office last year, I made a bold statement that Indonesia will be the highest trade priority of Papua New Guinea in this term of parliament,” said Minister Maru.

Indonesia invited to host first trade meeting

Minister for International Trade and Investment, Richard Maru put the invitation to Indonesia Ambassador to Papua New Guinea, Adriana Supandy. The meeting has been scheduled to take place this March in Jayapura, Indonesia.

Maru keen on SEZ projects with Australia

Maru in his meeting today with the Australian High Commissioner to PNG, Jon Philp said that he wanted to particularly work with the Australian Government and investors in the Manus Special Economic Region and the Western Province SEZ. 
 
Minister Maru also said that he wanted to work with the Australian Government and investors to look into the development of feed industry, cotton industry, cattle industry and the chicken industry of PNG.
 

Maru dedicates year to God

Minister Richard Maru hosted the first ever dedication service of this new department, led by Pastor Willie Siso of Korobosea Seventh-Day Adventist Church.

The service was also attended by the Vice Minister and MP for Rai Coast, Kessy Sawang and Acting Secretary and CEO s and staff of different agencies under the ministry and also Vice Minister for NP&M, James Nomane and Secretary for NP&M, Kone Samuel and other staff attended. 

WHP potential Feed & Chicken supplier

He made this announcement when visiting the Baiyer Station in Mul-Baiyer District with the Japan Development Institute (JDI) Expert Team, this week.

He said the district has been identified as one of the 18 potential Special Economic Zone (SEZ) locations in the country.