Morobe eyes reaching SMEs target

Momase, Normal

The National, Thursday October 17th, 2013

 MOROBE is working towards increasing the number of small and medium enterprises by 2030, provincial commerce and tourism adviser, Tali Yanga says.

He said the Government had set a target of at least 500,000 SMEs by 2030, of which 43,000 were to come from Morobe.

Yanga said this when denying a report in The National yesterday which said Morobe did not attend a regional SME conference in Maprik, East Sepik, last week.

“At the national level, the government’s vision is to have 500,000 SMEs by 2030,” Yanga said.

“Morobe has a target of 43,000 SMEs by 2030.

“As of 2011, Morobe had 7,513 SMEs. This is a big ask. How will we get there?”

Yanga said the world was jumping on the SME bandwagon and Papua New Guinea was no exception.

“The focus of the government, and even the world, is on SMEs,” he said.

“Powerful economies of the world are built on SMEs.

“Business will build a country.

“Everything now is about money.

“Everybody should be economically independent.”