PNG Chamber of Mines and Petroleum welcome Marape govt's decision to review Resource Laws

The PNG Chamber of Mines and Petroleum has welcomed the Government's announcement to consult the industry on the review of the country's major resource laws.
The Chamber said this at the conclusion of the three day Mining and Petroleum conference in Port Moresby last week.

The Chamber stated as an industry, they contribute significantly to the economy as well as in the areas of health , education , agriculture and small to medium enterprises.
As an industry, the Chamber  is aware of the country's financial challenges and is happy that the Prime Minister has indicated his Government's willingness to work with the resource sector to re- ignite PNG economic growth.
The Chamber said  projects like the Papua LNG , the P'nyang gas development and the Wafi - Golpu have the capability to grow and consolidate the economy.
The Chamber is ready to engage and support the Government grow the economy whilst ensuring the country, its people and industry investors receive a fair share from its mineral and petroleum resources.
 Mr. Marape's commitment was further reaffirmed by Mining Minister Johnson Tuke who invited all mining companies to work with the Government to ensure the country and the investors receive their fair share of the resource wealth. 

NBC News/ PNG Today

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