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Papua New Guinea's enormous and largely untapped natural resources offer excellent investment opportunities. Coupled with the Government's positive attitude to foreign investment through the granting of incentives and concessions, and the recognition of the private sector's important contribution to the economic growth, it is clear why many international companies have invested in Papua New Guinea. Investment Priorities The Government places a high priority on the development of mining and petroleum projects even though this sector is relatively well-developed. There are huge opportunities for investors to establish businesses to provide support for the growing number of such large-scale projects. Some of the priority economic sectors offering investment projects with good potential for investors include:
The Investment Promotion Authority (IPA) has a growing database of local investment opportunities and business proposals which are suitable for foreign investment. The IPA packages investment proposals for investors who identify markets and demonstrate a capacity to invest. It is an excellent service for investors who have recognised the potential of Papua New Guinea, but whose plans are still in the development stages. For more information, visit the IPA website: www.ipa.gov.pg You can also contact the Chamber of Commerce Offices in Papua New Guinea or visit their websites:
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