French Business and Investment Mission to Visit Papua New Guinea
A high level trade and investment delegation from France will visit Papua New Guinea on 2-5 November seeking opportunities to invest in the nation and expand business linkages.
The Prime Minister, Hon. Peter O’Neill CMG MP, welcomed the announcement that the business delegation will visit Port Moresby and Lae which has come about following his visit to Paris earlier in the year.
“There are great opportunities for people and businesses in both Papua New Guinea and France,” Prime Minister Hon. Peter O’Neill said.
“France is a strong market for Papua New Guinea’s exports, and it is also a gateway for our products to the broader European Union.
“Strengthening our business linkages will create more jobs and also create more opportunities for more people-to-people exchanges.
“In June this year I met with business leaders from the French Business Confederation and invited a delegation to come to Papua New Guinea to see for themselves the opportunities that are open to them.
“The delegation will include representatives from sectors that include resources and energy, agriculture and other important export areas.
“French companies already have a presence in Papua New Guinea and this is set to grow.
“Total S.A. is about to become one of the largest investors in the nation with the next LNG project to be brought online in the coming years.”
The visit will take place not long after a similar trade and investment mission from the United Kingdom that visited Papua New Guinea last week.
“Europe might be a long way from Papua New Guinea, but investment and business will travel to the right opportunity.
“British investors last week came to Papua New Guinea for the same reasons as the coming French delegation.
“They are looking for a place to invest and do business that is stable, well managed and moving forward. Papua New Guinea is experiencing unprecedented levels of economic growth and is being noticed around the world.
“Despite the challenging global economic conditions, through sound management we are maintaining positive growth above 11 percent. The fundamentals of our economy are sound and we will come through current global uncertainty and low commodity prices in a very strong position.
“Very importantly our country and our economy offers political stability and this is very important for international investment.
“While we might have a few mischief-makers in politics at home, the outlook for Papua New Guinea is positive and our investors know that.”
The Prime Minister, Hon. Peter O’Neill CMG MP, welcomed the announcement that the business delegation will visit Port Moresby and Lae which has come about following his visit to Paris earlier in the year.
“There are great opportunities for people and businesses in both Papua New Guinea and France,” Prime Minister Hon. Peter O’Neill said.
“France is a strong market for Papua New Guinea’s exports, and it is also a gateway for our products to the broader European Union.
“Strengthening our business linkages will create more jobs and also create more opportunities for more people-to-people exchanges.
“In June this year I met with business leaders from the French Business Confederation and invited a delegation to come to Papua New Guinea to see for themselves the opportunities that are open to them.
“The delegation will include representatives from sectors that include resources and energy, agriculture and other important export areas.
“French companies already have a presence in Papua New Guinea and this is set to grow.
“Total S.A. is about to become one of the largest investors in the nation with the next LNG project to be brought online in the coming years.”
The visit will take place not long after a similar trade and investment mission from the United Kingdom that visited Papua New Guinea last week.
“Europe might be a long way from Papua New Guinea, but investment and business will travel to the right opportunity.
“British investors last week came to Papua New Guinea for the same reasons as the coming French delegation.
“They are looking for a place to invest and do business that is stable, well managed and moving forward. Papua New Guinea is experiencing unprecedented levels of economic growth and is being noticed around the world.
“Despite the challenging global economic conditions, through sound management we are maintaining positive growth above 11 percent. The fundamentals of our economy are sound and we will come through current global uncertainty and low commodity prices in a very strong position.
“Very importantly our country and our economy offers political stability and this is very important for international investment.
“While we might have a few mischief-makers in politics at home, the outlook for Papua New Guinea is positive and our investors know that.”
Post a Comment