A delegation of Australian businesses is set to embark on a pivotal journey to Papua New Guinea (PNG) from 23 to 27 September 2024, aimed at fostering stronger economic ties and increasing trade and investment opportunities between the two nations.
The Australia-Papua New Guinea Business Exchange will take place in Lae and Port Moresby, featuring a series of targeted events designed to facilitate dialogue, collaboration, and partnership between Australian and Papua New Guinean enterprises.
The highlight of the Exchange will be a Business Breakfast on 26 September, where influential leaders from the Westpac Group and the Australian High Commission will share insights on the evolving business landscape in PNG and strategies for successful investment.
This initiative comes at a crucial time as both Australia and PNG seek to deepen their economic relationship, leveraging their shared geographic proximity and cultural ties.
The program will include networking opportunities, panel discussions, and site visits to key industries, enabling Australian businesses to better understand the local market dynamics and explore potential collaboration with PNG counterparts.
Papua New Guinea businesses across various sectors, including technology, building and construction, infrastructure, and renewables, are encouraged to participate, as the Business Exchange presents a unique platform for forging meaningful connections and expanding their partnership opportunities.
Quotes attributable to Ms Diane Barclay, Minister-Counsellor, Australian High Commission, Papua New Guinea:
“PNG is a land of opportunity, and this Exchange is a vital step towards unlocking its full potential for Australian investors.”
“We believe that fostering strong partnerships will not only benefit our businesses but also contribute to the economic growth of both countries.”
Quotes attributable to Mr Rio Fiocco, President from the Port Moresby Chamber of Commerce and Industry:
“We look forward to hosting the business delegation at our POMCCI breakfast event. Business is all about connections which are built on solid relationships.”
Australian High commission Port Moresby“Engaging with Australia’s vibrant business community is essential for creating sustainable investment opportunities.”
“We are excited to support this initiative and look forward to seeing the outcomes of these important discussions.”
Quotes attributable to Mr Jeffrey Nehi – Chief Executive Officer from the Port Moresby Chamber of Commerce and Industry:
“This event, organized by Austrade in partnership with the Port Moresby Chamber of Commerce and Industry, exemplifies the spirit of this enduring partnership.
By bringing together industry experts, thought leaders, and stakeholders from both nations, we aim to further strengthen our ties and explore new avenues for collaboration in key sectors such as renewables, infrastructure, and construction.”
“This program plays a crucial role in fostering dialogue, knowledge sharing, and collaboration around key sectors essential for the socio-economic development of Papua New Guinea.
By focusing on sustainability, innovation, and capacity building, the event aims to empower stakeholders to contribute to a thriving business environment and a more sustainable future for the nation.”
“Engaging with Australia’s vibrant business community is essential for creating sustainable investment opportunities. We are excited to support this initiative and look forward to seeing the outcomes of these important discussions.”
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