Photo credit: High Commission of Malaysia in Port Moresby, Papua New Guinea
Malaysia has a $5 billion (K17 billion) investment in Papua New Guinea, according to Mohamad Nasri Abdul Rahman, Malaysia's High Commissioner to PNG.
Nasri stated that Malaysia was delighted and looking forward to contributing more to PNG's socio-economic development at the Malaysia Day celebrations over the weekend.
“Both countries have been working side by side for more than 20 years,” he said.
“We have a big community in PNG, with about 8,000 Malaysians nationwide.
“It is good to see Malaysians living side by side with the Papua New Guineans.
“We have some investments here and are happy to help develop the country.
“We have companies supporting businesses here and that is why we have many Malaysians here.
“We support PNG and PNG supports us.
“In the future, we will explore more between Malaysia and Papua New Guinea.
“We have been given investment opportunities and we will bring in more investments.”
Nasri said currently Malaysians were involved in agriculture, health, trading and many more, and “we want to do more”.
“PNG is developing and we have to make it easy in terms of people to people contact to facilitate business opportunities,” he said.
Nasri stated that the government might always improve in order to attract foreign investment, but that security is paramount in many choices.
“Security is the most important which needs to be improved, then we can come and do more businesses here,” he said.
“Currently, looking from outside iares concerns on security issues.
“That is the only biggest challenge here which we can slowly improve.”
Reference: Luma, Dale. The National (20 September 2021). “M’sia investment at US$5bil”.
