PNG Seeks UAE Capital and Technology in New Investment Push

PNG is positioning itself as an investment destination for United Arab Emirates businesses, with Prime Minister James Marape urging greater collaboration in manufacturing, technology and trade access.

 PNG Seeks UAE Capital and Technology in New Investment Push

The proposal was outlined during Mr Marape’s meeting with Sheikh Mohammed bin Rashid Al Maktoum in Dubai, where the leaders discussed expanding economic ties between Papua New Guinea and the UAE.

According to the Prime Minister, Papua New Guinea’s proximity to Asia and the Pacific places it in a favourable position for investors seeking access to emerging and expanding markets.

“Our proposition is simple. From Papua New Guinea, investors can reach some of the world’s fastest-growing markets that are close to us geographically,” Mr Marape said.

He made it clear that the partnership vision extends beyond state-level engagement, with private enterprise expected to play a central role.

“At the heart of this partnership is business-to-business cooperation,” he said.

Mr Marape noted that the UAE’s strength in global trade, logistics networks and financial services could help PNG exporters scale up and reach international buyers.

“We want UAE businesses to establish a stronger presence in Papua New Guinea, and PNG businesses to access Middle Eastern and global markets through the UAE,” he said.