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