OBG, council sign agreement

THE Oxford Business Group (OBG) has signed an agreement with the Australia Papua New Guinea Business Council (APNGBC) for collaboration during the PNG Investment Week.
The PNG Investment Week will be held from June 17-21.
Under the partnership agreement, the global research and advisory firm’s study on Papua New Guinea’s economic development and investment opportunities will be used for the 2019 edition of the Australia PNG Business Forum and Trade Expo, which is being co-hosted by the APNGBC next week.
The event forms part of PNG Investment Week, which is expected to be a major draw for the global business community following the higher profile PNG achieved last year as host of the Asia-Pacific Economic Cooperation (Apec) meeting.
APNGBC chief executive Materua Tamarua said there was no doubt participants at the event would benefit from access to OBG’s research on the country’s growth story to date and the wealth of opportunities emerging across emerging sectors of its economy.
“These are exciting times for Papua New Guinea, as it looks to build on the success of the Apec summit by attracting new investors, many of whom will be keen to discover more about the steps the country is taking to create a more business-friendly environment and develop its infrastructure,” Tamarua said.
“Oxford Business Group is known to be a market leader in research on emerging economies and its reports on PNG are viewed as an essential resource for decision makers worldwide.
“I’m delighted that we will be working closely with its team on the ground here for this important event.”
OBG regional editor (Asia-Pacific) Patrick Cooke said he looked forward to collaborating with the APNGBC’s representatives ahead of what was expected to be a pivotal five days for the country in its bid to diversify its economy.
OBG is a global research and advisory company with a presence in over 30 countries, from the Middle East, Africa and Asia to the Americas.
A distinctive and respected provider of on-the-ground intelligence on the world’s fastest growing markets for sound investment opportunities and business decisions.