Group seeks business links

Business, Normal

The National, Monday January 18th, 2016


A  DELEGATION of 32 men and women from the Philippine Chinese Chamber of Commerce and Industry are in the country to explore business opportunities, according to Treasurer Patrick Pruaitch. 

The delegation is being hosted by the Treasury Department and the Investment Promotion Authority.

The visit was organised when Pruaitch met the chamber chairman Wong Cheung Cha in Manila after the APEC (Asia Pacific Economic Conference) meeting in Cebu last September.

Pruaitch invited the group to come and explore business opportunities. 

Today, the group will hold talks with the department, Bank of Papua New Guinea, Papua New Guinea Customs, Internal Revenue Commission, National Fisheries Authority and the Department of Agriculture and Livestock.

Tomorrow, the delegation will meet Prime Minister Peter O’Neill.

There will be a seminar presentation by the IPA, NFA and the DAL.

An invitation has also been extended to the private sector to attend.

 “Despite the negative comments and predictions about the performance of the economy, the country has a lot to offer in terms of attracting foreign direct investments into sectors such as agriculture, fisheries, forestry, tourism, finance, ICT and the extractive industry,” Pruaitch said. 

“Opportunities will remain unless visits like this are encouraged and harnessed and converted to actual investments.”