Envoy looks to attract investors to PNG

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NEW PNG Consul to Canada Michael Binnion says his first priority will be resource development initiatives that can attract more Canadian investors to PNG.
Binnion said he was looking forward to putting PNG in a high-profile resource conference that would be organised in Canada “so more people in Canada can learn about the opportunities to invest resources in PNG”.
“I hope the mining minister comes to the global energy forum so we create a higher profile for exciting things going on in PNG to gauge a business relationship,” he said during a commissioning ceremony in Port Moresby yesterday.
Binnion said there was lot of things needed to be done for people in this country.
Foreign Affairs Secretary Barbara Age congratulated him on his appointment as the honorary consul of PNG to Canada.
Age said Canada was one of the PNG’s development partners in trade and investment.
“Currently, Canadian investments in PNG are mining and gas sectors with companies such as Barrick Gold, High Artic Energy services, and Nautius Minerals to name a few,” she said.
“We appreciate Canada’s support to local communities through the Canada Fund for local initiatives which supports community-based projects.
“We would like to also investment in other areas of tourism, fisheries, agriculture, and downstream process of small to large scale manufacturing.”