From 5th to 7th October, the Government of Papua New Guinea (PNG) welcomed a distinguished group of business leaders to Port Moresby, for a high-level investment mission. Organised by DMA, the visit included some of the world’s biggest companies and provided a unique opportunity for the PNG government to secure new investments and deepen relationships with the biggest international blue-chip companies.
The trade mission was a follow up to DMA’s outstanding UK-PNG Trade & Investment Forum, held in London earlier this year. In line with the Government agenda for attracting international investors, the mission allowed for substantive and meaningful engagement with the government, for both established international companies and potential new investors.
"I thank the business leaders who have traveled to Papua New Guinea and hope you will leave with a better understanding of the opportunities we have in our country” shares HE Peter O’Neill “Ours is a pro-business Government and we know that some areas that have traditionally been managed by the Government are much better managed by the private sector. In these areas, the Government must exit.”
During the course of the trade mission, DMA (supported by FCO & UKTI) hosted meetings with the Prime Minister and his cabinet, arranged sector specific roundtables and 1-2-1 meetings to discuss the key sectors such as mining, energy, infrastructure, fisheries and defence. Loi Bakani, Central Bank Governor and Wapu Sonk, Head of National Petroleum Company, were also present in what was the first ever & a highly successful UK trade mission to PNG.
Read here, for Prime Minister Peter O'Neil's take on the PNG trade mission.
DMA would also like to thank all those who supported the Forum and helped make it such a success