Monday, 18 January 2016

Philippines & China ready to explore business in PNG a quest to further lift and stimulate the existing ties between the Asian countries and the Pacific Region, authorities from Philippines and China have planned the commencement of a fruitful visit of 32 business delegations from the Philippines-Chinese Chamber of Commerce & Industry (PCCCI) to PNG this week.

"With our exports of oil & gas, along with gold from our extractive industries, we have that potential to stimulate business growth and we look forward for exceptional foreign investments that will ensure growth in our country's economy," said Minister Pruaitch.

Simultaneously, in accepting the welcome from the Treasury Minister, PCCCI Chairman Mr. Wong Cheung Sha thanked the government of PNG saying that "it is evident to see that such a young country as PNG, business and investment opportunities is very much evident which PCCCI members look forward in engaging here in PNG.”

The Delegation were acknowledged and officially welcomed by the Minister for Treasury Hon. Patrick Pruaitch, they had a word with the delegates that in their short stay or visit to the country "you must make it a fruitful one as PNG stands awaiting your interest to invest and do business in our country." He also added, Papua New Guinea is the fastest growing economy in the Oceania Region.

Mr. Cheung Sha elongated an invitation to the PNG Delegations to make a journey to Philippines and China anytime this year for both parties to have more talks on what types of business they can bring into PNG and look into a better way forward in strengthening better ties between the three countries.


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