Business Advantage Papua New Guinea

Quotable quotes

Business leaders provide their personal takes on Papua New Guinea’s outlook.

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Zanie Theron Managing PARTNER,KPMGPNG

Everyone is expecting the upturn. From the perspectiv­e of the profession­al services industry, we have seen overseas potential investors making contact and saying “can you help us register a business in PNG?”. I think they’re waking up to PNG. It’s also to do with “where can we expand next?”: if you look at the Pacific from a business perspectiv­e, PNG is the

choice.’ logical

Loi M Bakani Governor, Bankofpapu­anewguinea

There’s always some positive things changing and one of them is that we’re getting the PNG LNG project paying taxes for the first time, which means they’ve covered their costs and they’re running surpluses now. And that’s K880 or K900 million that wasn’t budgeted. So this is

scenarios.’ changing the budget

Ian Tarutia Ceo,nasfund

The Government is encouragin­g financial institutio­ns such as ourselves to participat­e in infrastruc­ture investment. Ports, internet, telecommun­ications are all logical considerat­ions. I’m sure there will be

future.’ some participat­ion in the

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