Foreign businesses

IT would not be a surprise if foreign businesses operating in Papau New Guinea are operating without an ‘IPA Foreign Enterprise Certificate’ but with only the ‘IPA Company Incorporation Certificate’ or ‘IPA Business Name Certificate’.
And, if they have one, then was it given when they had an initial bank balance of K100,000?
What is the shareholding sharing percentage with the nationals if any are involved?
It would be interesting to do a massive inspection and auditing on this right throughout the country.
Send them packing out of the country, and punish those aiders.
I am in Goroka now, and it seems like what is happening in Port Moresby is also happening here: All the trade stores, tucker shops and business are taken over by foreigners.
These foreigners should have their visa checked as well.
Foreigners with work visa permits should not do or own businesses in Papua New Guinea.
Foreigners with dependent visa permits should not get employment, do businesses or own businesses in Papua New Guinea. Period.
This also includes foreigners doing health businesses in Papua New Guinea.
Is this how leaders and employees of the Government and business sector aid foreigners to come and do this in this country?

Dr James Naipao
President
National Doctors’ Association