State pumps K2.2m to host for MSG trade roadshow

Business, Normal
Source:

The National, Monday 13th of October, 2014

 THE state has funded K2.2 million towards the hosting of the second Melanesian Spearhead Group and Trade Investments to be held in Port Moresby next month. 

Trade, Commerce and Industry Minister Richard Maru presented a cheque to the Department of Trade, Commerce and Industry last Thursday.  

He said the event provides an opportunity for Papua New Guinean businesses to market their products to other Melanesian countries.

Maru said an objective of the roadshow was to inform the international market of PNG about manufactured goods.

“We are keen as a country to support more of our manufacturers and companies and institutions trade right throughout MSG countries and the Pacific. Although it’s a small market, the government’s desire is to dominate those markets absolutely.”

Chief executive of PNG manufacturers council Chey Scovell said the roadshow would provide further opportunity for local businesses to identify potential markets for their activities.

“Not only to get business to business links. It’s going to be very beneficial for many companies out there to learn how they can get new business and new markets,” he said.

Maru has appealed to the private sector to partner with the state in hosting the roadshow.