Fiji firms keen on PNG

Business, Normal

The National, Wednesday 5th June 2013

 ABOUT 15 new companies from Fiji have expressed interest in venturing into Papua New Guinea following a trade mission here last April.

Fiji High Commissioner to PNG Romanu Tikotikoca said in a statement yesterday most of the Fiji companies were planning further trips to Port Moresby to pursue business arrangements with locals partners.

“Fiji would like to take advantage of the many exciting and  emerging  business  opportunities available in PNG,” he said.

He said they were  “pleased with the recent developments pertaining to trade between Papua New Guinea and Fiji” following the Fiji trade mission to PNG.

“Fiji companies are interested in venturing into the areas of duty-free outlets, textile, garment, pharmaceuticals, IT and the finance sector,” he said.

“We are encouraging our investment community for more joint venture opportunities with our Papua New Guinean counterparts.”

He also thanked the Investment Promotion Authority “for providing wise counsel and advice on the various investment opportunities and processes and requirements that need to be observed”.

Tikotikoca said more PNG companies were investing in the Fiji  market in tourism and hospitality and finance.

He said Fiji together and other Melanesian Spearhead Group member countries were looking forward to employment opportunities in PNG “and intend to take advantage of the Labour mobility programme and the  MSG  skills  movement  scheme  once  it is implemented”.