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The Commonwealth Business Forum (CBF) 2024, held in Apia, Samoa on 23–24 October as part of the Commonwealth Heads of Government (CHOGM) and associated meetings, marked a landmark event as the first such forum of Commonwealth countries hosted by a Pacific country (the last large global conference of comparable proportions held in Samoa was the Small Islands Development States (SIDS) Conference in 2014). that . Bringing together over 500 business leaders and government officials from more than 50 countries from Africa, Asia, the Pacific and the Caribbean, the forum served as a critical platform for dialogue on economic growth, resilience, and partnership across the Commonwealth. Under the theme “One Resilient Common Future; Transforming Our Common Wealth,” the forum aimed to address unique challenges and opportunities facing Pacific Island nations, with a strong emphasis on sustainable growth and climate resilience. It provided an opportunity for Pacific Island countries to highlight their specific vulnerabilities and aspirations within the global economy. Business leaders underscored the need for economic strategies that not only promote growth but also adapt to climate change and environmental fragility, which are increasingly impacting island states. The forum’s location underscored Samoa’s and the wider region’s desire to establish the Pacific as a central player in international economic dialogue, promoting development that respects both the cultural heritage and environmental realities of the islands. Australian Pacific business councils (Australia Pacific Islands, Australia Papua New Guinea, and Australia Fiji Business Councils) and Pacific islands business representatives played an active role, participating in roundtable discussions aimed at strengthening trade and investment across the Pacific. The delegation’s involvement highlighted Australia and the Pacific Islands’ commitment to enhancing economic ties in the region, with a focus on sectors like renewable energy, infrastructure development, and digital transformation. The councils’ discussions centred around promoting collaborations that support long-term economic resilience and sustainability, recognising the importance of regional stability and growth. The Business Councils’ Executive Director Frank Yourn said, “the CHOGM events including the Commonwealth Business Forum provided an unprecedented opportunity to showcase the Pacific to a major group of global countries at the most senior level. “The Government of Samoa, our colleagues at the Samoa Chamber of Commerce and Industry and the people of Samoa all played an important role in presenting Samoa as a worthy host of the event in arranging this event for 5,000+ delegates. “Attending delegates from across the globe had a positive experience and an opportunity to learn and understand about Samoa specifically, and about the Pacific islands countries more generally. The Councils were honoured to have the opportunity of supporting the Samoan government and our Chamber of Commerce colleagues as hosts of these events.” The Business Councils’ delegation comprised Frank Kramer (APNGBC and APIBC), George Constantinou (APIBC and APNGBC), Zane Yoshida (AFBC), William Blank (APIBC), Leata Alaimoana (TIQ), Joe Fuavao (TIQ), and Frank Yourn. Trade and Investment Queensland (TIQ), a member of APNGBC, also took a significant role in advancing Queensland’s interests within the Commonwealth framework. TIQ focused on building connections between Queensland-based businesses and international partners, especially in fields such as education, renewable energy, and skills development. TIQ underscored Queensland’s capabilities and commitment to the Pacific, aligning its goals with the forum’s themes of resilience and sustainable development. The CBF 2024 facilitated invaluable opportunities for networking and knowledge exchange, aiming to foster stronger partnerships among Commonwealth nations and encourage sustainable growth initiatives. As the first CBF held in the Pacific islands region (the 2011 CHOGM conference was held in Perth, Australia), the event reflected the region’s rising prominence in global economic dialogue. The active participation of Pacific Island states, Australian Pacific business councils, and organisations like TIQ demonstrated a unified commitment to creating a resilient and prosperous future for the Pacific, focusing on its unique needs and strengths.

Ok Tedi Mining Limited (OTML) Managing Director and Chief Executive Officer, Kedi Ilimbit announced a 2024 final dividend payment of PGK250 Million that will be paid in December, bringing the total dividends paid in 2024 to K450 Million. This announcement was made recently at a dinner event hosted to celebrate the Company’s 40th year of production after the OTML Board of Directors’ approval at their recent board sitting onsite from the 11th -14th of November. The company declared an interim dividend payment of PGK200 Million earlier this year. OTML has contributed PGK13.4 Billion in dividends to the country over the last 40 years. Mr Ilimbit said, “Ok Tedi mine has changed over time, going from foreign ownership to 100 percent Papua New Guinean-owned and led mine. The dividend payments demonstrate that the business has been well managed.” He further added, “We started strong at the beginning of this year with high production and despite the collapse of an electrical transmission tower in the last quarter, the metal prices are favourable, and we will finish the year strong.” Also of notable importance is the Company’s new ‘reset, restore, reinvigorate strategy which has seen a whole new restructure of the Company’s operations and the associated improvement in performance and productivity. Mr Ilimbit thanked the workforce for another successful year of production and looks forward to continued successful operations while delivering on its commitment towards the people of Western Province and Papua New Guinea. OTML Board Chairman Jeffrey Innes thanked the management and the workforce for their collective efforts, and the support from the local communities to deliver this dividend to the people of PNG. “As the mine life extends to 2050, we plan on making OTML a US$2 Billion a year revenue-making company.” “Over the next 27 years, our company is poised to generate a projected K40 billion (US$8.5 billion) in revenue. This will further enhance our contribution to the country and ensure that our operations continue to deliver value for many years to come.”

Santos CEO Mr. Kevin Gallagher recently called Papua New Guinea’s Liquefied Natural Gas (PNG LNG) project  a "world-class asset" that boasts a low-cost, low-emissions intensity profile. He told PNG Business News that the project continues to deliver reliable LNG supply to key markets in Asia, reinforcing its vital role in the global energy landscape. “PNG LNG remains a world-class asset that is low-cost, low-emissions intensity and delivers reliable LNG supply to our customers in Asia,” Mr. Gallagher said. He made this comment following Santos’ successful completed sale of a 2.6-percent interest in the PNG LNG project to Kumul Petroleum Holdings Limited on November 4th, which highlights the continued growth and potential of one of the country’s most significant energy assets. Mr. Gallagher also pointed to the favorable regulatory framework surrounding PNG LNG, which ensures stability and continued investment in the sector. The project is expected to generate significant economic returns for both domestic and international stakeholders, making it an essential driver of growth for the nation's economy. “The project is positioned in a supportive regulatory environment, with fiscal stability arrangements in place ensuring that it contributes strong cash flows to project participants and delivers significant economic and social benefits to the nation,” he said. “The finalisation of Kumul’s participation in PNG LNG is an important milestone for the country’s national petroleum and energy company." The transaction marks an important milestone for KPHL, and with this acquisition, the company solidifies its position as a key stakeholder in the lucrative PNG LNG venture.

The government has reiterated its ambition to achieve carbon neutrality by 2050, with an interim target of a 50-percent reduction by 2030, at the recent Petroleum and Energy Conference 2024. Recent reports indicate progress, particularly in the agriculture, forestry, and other land use sectors, which have successfully met initial CO2 reduction targets. Papua New Guinea (PNG) Climate Change Development Authority (CCDA) Acting Managing Director Debra Sungi highlighted the collaborative efforts between the agency, the PNG Forest Authority, and National Energy Authority to advance these objectives. Sungi said: “In our recent bi-annual update report, which we've submitted off to the United Nations Framework Convention on Climate Change, we have reached our target under the agriculture, forestry, and other land use, which is of 10,000 gigagrams of CO2 equivalent with zero debt in our recent findings. “That is a positive step that the government have actually taken together with you all in terms of ensuring that we work together in a more sustainable way. “Those targets are very specific for our agriculture, forestry, and other land use. And that is from our enhanced NDC, which was done back in 2020. We are in 2024, almost halfway through 2030. “It's a 10-year target. It is a positive milestones which we have achieved together,” she added Speaking at PEC24, Sungi, emphasized the urgent need for PNG to transition toward greener practices in the face of mounting climate challenges. Her remarks centered on leveraging nature-based solutions to combat climate change, while also promoting sustainable development. Sungi highlighted the importance of the country’s forests, as reiterated by PNG Prime Minister Hon. James Marape. "As we engage in international forums, we must fully utilize our forest resources," she stated, noting the increasing frequency of climate-related disasters over the past decade, which have disrupted traditional agricultural practices and altered weather patterns. Despite contributing a mere 0.001% to global emissions, she argued that PNG cannot afford to ignore the impacts of climate change. "If we don't take action now, we risk becoming one of the highest emitters in the future," she cautioned. Sungi also addressed the challenges of financing climate initiatives, noting the delays often associated with accessing international funds like the Green Climate Fund. "We need to mobilize resources effectively to respond to the immediate impacts of climate change," she urged, noting the importance of public-private partnerships. The CCDA executive detailed specific goals for transitioning from fossil fuels, particularly diesel-powered plants, to renewable energy sources by 2030. She said the National Energy Rollout Plan outlines potential investments in cleaner energy solutions across identified provinces. Moreover, Sungi announced recent amendments to the Climate Change Management Act, which will enhance governance around carbon markets, enabling better collaboration between the government, local communities, and the private sector. This regulatory framework aims to streamline efforts in forestry management and carbon trading. “I am pleased to say that even after the amendments of the Climate Change Management Act in 2023, we have made some few amendments to allow us as an authority to now manage and govern the space around carbon markets. And we have the regulation that maybe in a couple of days we will have a statement out that we have some endorsement. “I would like to acknowledge our good Prime Minister in driving this agenda going forward together with our ministers,” she said. “It a legislation that has been missing for a very long time. And having that around the forestry sector governs our work in terms of working together not only with our local communities, our landowners, but also with the private sectors around a different market approach, which we have identified another carbon market regulation.” Sungi called for collective action, noting that achieving PNG's climate goals requires partnership across all sectors. "We must ensure that our development is sustainable and inclusive," she stated.

Papua New Guinea Prime Minister James Marape announced the launch of a “transformative” $1.2 billion (4.8 billion kina) agro-forestry project aimed at boosting the economy and infrastructure of the remote midlands of Western Province. During a press conference, PM Marape outlined key features of the project, which promises to enhance connectivity and generate substantial employment opportunities in the region and the country. The conference followed the signing of the GRE Drimgas Project in Western Province at the Government House on October 29th in Port Moresby. The project will facilitate the construction of over 300 kilometers of sealed roads and an additional 300 kilometers of all-weather roads connecting Kiunga to Nomad, extending towards the borders of Gulf Province. Plans include further expansion of this highway to Kikori in the future, the Prime Minister said. "This initiative is not just about road construction; it’s about processing and sustainable development," Marape stated. "Logs harvested from this corridor will be processed within Papua New Guinea by 2028 at a facility located in the deep-water area of Strickland River." The project, being developed by Italian investors, is set to process timber for export to European markets. Landowners will receive 10% equity in the venture, along with log levies and royalties, benefiting directly from the project’s success. Additionally, the provincial government of Western Province and the national government will each hold 5% equity stakes. After 25 years, the equity share for PNG beneficiaries will increase to 51%, ensuring greater local ownership and control. The initiative is projected to create over 3,000 direct jobs, along with numerous indirect employment opportunities through various spinoffs. It emphasizes environmental compliance, adhering to national standards, and includes a five-year project review clause to monitor compliance. "The state will not invest money but will provide necessary regulatory support, allowing the investors to take the lead in developing the project," Marape explained. In addition to the agro-forestry initiative, the Prime Minister highlighted the government's plans to diversify agricultural production across the country. This includes the development of oil palm, rice, cattle, and coffee industries, as well as the expansion of cocoa and copra production. Marape also called on provincial governors from peaceful regions to seek out investors, assuring them of government facilitation. "This is just the beginning. Our government is committed to unlocking the potential of our natural resources while ensuring sustainable practices," Marape added.

The Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia addressed recent significant legislative changes to the Central Banking Act during the recent September 2024 Monetary Policy Statement presentation at the Royal Papua Yacht Club. The amendments, passed by Parliament in September, pave the way for the establishment of a new Monetary Policy Committee (MPC) aimed at enhancing the independence and transparency of monetary policy in PNG. “This is the last Monetary Policy Statement from the Bank of Papua New Guinea under the current governance structure,” Governor Genia stated. “The recently passed amendments include a provision for the establishment of a new Monetary Policy Committee, comprising myself as Governor, our Deputy Governor, and three appointees who are not members of the Bank of Papua New Guinea Board.” The new committee’s formation marks a critical step in strengthening the independence of monetary policy decision-making, Genia said. With only the Governor and Deputy Governor sitting on both the MPC and the Bank’s Board, the committee’s membership will be determined by the Head of State, based on advice from the National Executive Committee and the Treasurer. The appointment of the three additional committee members is expected to progress smoothly, with the aim of having the new MPC operational as soon as practicable. “This change will facilitate more robust discussions and decision-making processes in our monetary policy framework,” she noted. An essential aspect of the legislative amendments mandates the MPC to publish a statement following each meeting, detailing individual votes and the rationale behind decisions. “This will add transparency to the process of setting monetary policy and provide greater insight into the considerations behind our decisions,” Governor Genia explained. Moreover, the recent changes clarify the objectives of the BPNG, placing price stability as the primary and overarching goal.  “Our secondary objectives are to ensure financial stability; promote sustainable medium term economic growth, especially in the non-mineral and non-petroleum sector; and to promote the development of Papua New Guinea’s financial system,” Governor Genia said.

The Papua New Guinea Tourism Promotion Authority (PNGTPA) has officially partnered with the Jimi District Development Authority (JDDA) in Jiwaka Province to enhance local tourism and promote local culture on a global stage. This was formalised through a Memorandum of Understanding (MOU) signed on October 11 at the Ela Beach Hotel in Port Moresby. PNGTPA Chief Executive Officer Eric Mossman Uvovo described the MOU signing as "small but very significant." “What we can do is drive tourism at the district level, with the potential for cultural tourism, bird watching, festivals, and guided tours in the area, which is a global based tourism attraction,” he said. Uvovo acknowledged some challenges, including financing and law and order issues. He urged for a proactive approach, saying: “Let’s not wait for law and let’s take the tourism agenda head-on.” Hon. Wake Goi, the new Minister for Mining and Member for Jimi Open electorate, also stressed fostering partnerships for tourism promotion. He expressed a desire to explore how the mining sector could support local tourism, stating: “Let’s drive this tourism agenda.” Mr Gabby Aipanga, Chairman of the Jimi Marita Festival, outlined ongoing tourism promotion efforts, particularly around the Annual Jimi Marita Festival, which showcases the cultural, health, and economic significance of the Marita crop. The festival has been registered with the National Cultural Commission and has been in collaboration with the PNGTPA since 2022. The Jimi District, one of three districts in Jiwaka Province, is characterized by its mountainous terrain and lush rainforests. According to the 2011 census, the district has a population of approximately 70,000 to 80,000 residents. The festivals as discussed can also generate income through local tourists within the area, resulting in a boost of economic activity, Mr Aipanga said. The festival and other tourism initiatives aim to develop Jimi as a tourist destination through projects such as the Memints Track Development, a historical 32-kilometer track from Banz Township, ideal for bird watching and sightseeing; and the Mini Museum, a collection showcasing local handicrafts, art, and traditional tools. This partnership positions Jimi District as a vibrant cultural and tourism hub in PNG, with the potential to attract both domestic and international visitors. Attendees included Kennewton Kennedy TPA Executive Manager for Partnership and Product Development; Mathew Pyakali, CEO of JDDA; PNGTPA management representatives and JDDA officers.

By: Niki Alsford Niki Alsford is Professor of Anthropology and Human Geography, and Director for the Institutes for the Study of the Asia Pacific (ISAP) at the University of Central Lancashire. He is Research Associate at SOAS, the University of London and Associate Member of the Faculty of Asian and Middle Eastern Studies at the University of Oxford. In August 2024, I had the privilege of attending the Mount Hagen Cultural Show, one of Papua New Guinea’s most vibrant and significant cultural events. As I stood among the performers adorned in feathers, paint, and traditional attire, I couldn’t help but marvel at the richness of the island’s cultural heritage. The festival, or Singsing in Tok Pisin (a creole language spoken throughout the country), is a testament to the country’s cultural diversity, where over 800 languages are spoken, and each community has its unique traditions and customs. This diversity, combined with the stunning biodiversity, offers a tourism potential that is both unique and underexplored. Papua New Guinea (PNG) is a country that, by all accounts, should be a prime destination for global travellers. It boasts some of the world’s most diverse ecosystems, pristine beaches, and unparalleled diving opportunities, especially in regions like Milne Bay and Kimbe Bay. The rugged landscapes of the highlands are home to an array of bird species, including the rare and beautiful birds of paradise. Yet, despite these attractions, PNG remains one of the least visited countries in the world, with tourism numbers lagging many of its Pacific neighbours. The Potential and Perils of Tourism The potential for tourism to bring economic benefits to PNG is undeniable. In many developing countries, tourism has acted as a catalyst for economic growth, creating jobs, fostering small businesses, and bringing in much-needed foreign exchange. In PNG, where the economy largely depends on extractive industries like mining and oil, tourism could provide a more sustainable and diversified income stream. However, as with any developing nation, the influx of tourists comes with its own set of challenges. PNG operates on a dual economic system: a formal monetary economy that the government and larger businesses operate within, and a subsistence economy where the majority of the population engages in farming and bartering to meet their daily needs. The introduction of large-scale tourism could disrupt this delicate balance, particularly in the highlands, where traditional ways of life have been preserved to a greater extent than in the more urbanised coastal regions like Port Moresby and Lae. In the highlands, the economy is not driven by cash but by subsistence farming and the exchange of goods and services within the community. This system has allowed highlanders to live sustainably for generations. Introducing a tourism-driven cash economy could lead to social stratification, with those benefiting from tourism becoming wealthier while others are left behind. Moreover, the allure of easy money from tourists could lead to the erosion of traditional values and practices, which are integral to the social fabric of highland communities. Cultural Sensitivity and Responsible Tourism One of the most critical issues in developing tourism in PNG is ensuring that it does not lead to cultural exploitation or degradation. The highlands, in particular, do not need to be “developed” in the global sense of the word. Development here should not mean the imposition of foreign values or economic systems, but rather the empowerment of local communities to share their culture on their terms. Tourism in PNG should be approached with a model of cultural sensitivity and responsibility. This means developing tourism initiatives that are community-led and that prioritise the preservation of cultural heritage over profit. For instance, cultural festivals like the Hagen show should be supported in a way that ensures they remain authentic expressions of local traditions rather than becoming commercialised spectacles for foreign visitors. One approach could be to focus on low-impact, high-value tourism. This model would limit the number of tourists but increase the revenue generated per visitor. By targeting niche markets, such as eco-tourism, bird-watching, and cultural tourism, PNG can attract travellers who are genuinely interested in learning about and respecting local cultures and ecosystems. These tourists are more likely to spend money on local services and products, ensuring that the benefits of tourism are felt at the community level. The Importance of Infrastructure and Safety A significant barrier to increasing tourism in PNG is the lack of infrastructure. Many of the country’s most beautiful and culturally rich areas are difficult to access, with limited transportation and accommodation options. Investing in infrastructure is essential to make these areas more accessible to tourists. However, this must be done in a way that is sensitive to the environment and the needs of local communities. Safety is another concern that has deterred many potential tourists from visiting PNG. The country has a reputation for lawlessness, particularly in urban areas. While this perception is not entirely accurate, it does highlight the need for improving security, particularly in tourist areas. Collaborations between the government, local communities, and international partners could help address these issues, making PNG a more attractive destination for international visitors. Balancing Development and Preservation Ultimately, the challenge for PNG is to find a balance between leveraging tourism for economic development and preserving the country’s unique cultural and natural heritage. The highlands, in particular, represent a region where this balance is especially crucial. Development should not come at the cost of cultural erosion or environmental degradation. Instead, it should focus on empowering local communities to manage tourism in a way that benefits them economically while preserving their cultural identity. To achieve this, the government, NGOs, and the private sector must work together to develop tourism policies that prioritise sustainability and cultural sensitivity. This includes providing training for local communities in tourism management, developing infrastructure that benefits both tourists and locals, and ensuring that tourism revenues are reinvested into the community. As such, Papua New Guinea stands at a crossroads. The potential for tourism to bring economic benefits to the country is significant, but it must be managed carefully to avoid the pitfalls that have befallen other developing nations. By focusing on responsible, culturally sensitive tourism that prioritises the needs and desires of local communities, PNG can develop a tourism industry that not only brings economic benefits but also helps to preserve its rich cultural and natural heritage for future generations. Tourism without tourists might seem like a paradox, but in the context of PNG, it represents a model of development that respects and preserves the very things that make the country unique. By embracing this model, PNG can offer travellers an experience that is not just about visiting a new place, but about understanding and appreciating a way of life that has endured for centuries.

Papua New Guinea, a nation known for its abundant natural resources, a strategic Pacific location, and untapped market potential, makes the country an attractive destination of opportunities for international investors. However, operating in PNG can be complex, with challenges such as managing a unique regulatory environment, overcoming logistical hurdles, and managing cultural differences. For foreign companies, these obstacles can hinder their ability to establish and maintain successful operations in the country. A solution to these challenges is partnering with a locally established company with the expertise to guide international investors through the complexities of the PNG business environment. PNG CR Services Limited, with over 14 years of experience, stands out as an ideal partner for those looking to succeed in this unique market. PNG CR Services Limited is a multidisciplinary company that specializes in helping international companies manage the complexities of operating in Papua New Guinea. Its deep local knowledge, extensive network, and ability to manage large-scale projects make them a reliable partner for any business looking to enter the PNG market. With a portfolio that includes over 127 completed projects across various sectors, including mining, oil and gas, manufacturing, and government services, PNG CR Services has a proven track record of success in both remote and urban areas of the country. The company has earned the trust of tier-one clients such as Kumul Petroleum Holdings, ExxonMobil, Newcrest Mining, Chevron, Australian Federal Police- Australian Government, Trans Wonderland Group, PNG Sustainable Development Programme and the United Nations Development Programme. The legal and regulatory knowledge PNG CR Services has will help investors avoid common pitfalls, such as delays due to non-compliance or misinterpretation of laws. PNG CR Services Limited’s experience operating in the most remote parts of the country is uniquely positioned to help clients overcome remote geography and underdeveloped infrastructure barriers, ensuring timely delivery of goods, materials, and personnel. The company has operation bases across the country, having established its main base in Port Moresby. For potential investors and companies, establishing trust and building strong relationships with local stakeholders is crucial for the success of any foreign investment in PNG. The company’s longstanding presence in the country has enabled it to develop cultural fluency and establish strong connections with local communities, landowner associations, and government bodies. Their ability to manage the social and business structures in PNG is a key advantage in building rapport with local stakeholders and ensuring that projects progress smoothly. Additionally, PNG CR Services Limited places a strong emphasis on local capacity building. The company provides training, employment opportunities for more than 300 personnel in PNG, and provide support to local businesses which helps to foster sustainable economic growth and creates a lasting positive impact on the communities where they operate. The deep understanding of the local political, economic, and environmental landscape enables the company to help investors manage these risks. The company’s extensive experience allows them to identify potential challenges early and implement effective strategies to mitigate risks, ensuring projects stay on track despite external uncertainties. PNG CR Services Limited has demonstrated its capacity to deliver complex projects on time and within budget. Notable examples include recently completed, large-scale infrastructure projects such as the health infrastructure projects like the Nursing College in Balimo Western Province, PNG SDP in Balimo and ABT ASSOCIATE – Agricultural Hub Morehead. These successful projects highlight PNG CR Services Limited’s capability to manage projects across various industries and terrains. Having a reputation built on the foundation of trust in the country’s business environment, partnering with PNG CR Services Limited puts both the investor and the country in a win-win situation. For more information on how PNG CR Services Limited can help your business thrive in PNG, establish contact today to discover tailored solutions that will ensure the success of your investment.

Preparations are underway for the 2024 PNG Investment Week hosted by the PNG Chamber of Resources & Energy (PNG CORE) from the 6th – 11th December at the International Convention Centre, in Sydney, Australia. Chief Operating Officer for PNG CORE Mrs. Pansy Taueni-Sialis, said with a month to go, PNG CORE is seeing an uptake in registrations from delegates, exhibitors and sponsors alike. “Whilst we still have a number of delegate seats left, they are selling out fast alongside our exhibition booths and sponsorship packages and we encourage those intending to participate at this event as a delegate, exhibitor or sponsor to register now while we still have spaces available.” Mrs. Taueni-Sialis also mentioned that part of the uptake in numbers was through the ‘BOMO’ (Booth and Membership Offer) special offer for non-members of PNG CORE who have taken advantage of this special by signing up as exhibitors and new members of PNG CORE. “We welcome these new members to the Chamber and look forward to their exhibition at the 2024 Investment Week.” The 2024 PNG Investment Week will open with the ‘PNG Investment Week Charity Golf Challenge’ on Friday 6th December, followed by the pre-conference sessions on Sunday 8th December which will have key regulators speaking on PNG Ready for Investment, and will run in parallel with the International PNG Suppliers Forum. The opening plenary will commence on Monday 9th December with key government officials from both Papua New Guinea and Australia speaking under the conference theme ‘Creating Opportunities and Reinvesting Equity’, Investment and Trade, Banking and Security with more interesting themes on Tuesday 10th December and the final day on Wednesday 11th December. A full program on the conference will be made available in the coming days. For more information on the 2024 PNG Investment Week, the PNG CORE Events team can be reached on email: events@pngcore.org or telephone number: 3212988.