PNG IPA chief acknowledges PT&I partnerships


Papua New Guinea’s Investment Promotion Agency (IPA) Managing Director Ivan Pomaleu, OBE, has praised the longstanding partnership between PNG’s private sector and <b>Pacific Islands Trade &amp; Invest</b> (<b>PT&amp;I</b>).<!--more-->

Tracing how the partnership developed over more than two decades, Mr Pomaleu said, “The IPA and <b>PT&amp;I</b> partnership goes back a long way since the late 1990s, starting with the Sydney Office then gradually extending to the Tokyo Office, Beijing, New Zealand and in recent years to Geneva.” He was addressing participants of the Pacific Path to Market Workshop in Lae, PNG earlier this month.

[caption id="attachment_6549" align="alignleft" width="138"]<a href=""><img class="size-full wp-image-6549" alt="Papua New Guinea’s Investment Promotion Agency (IPA) Managing Director Ivan Pomaleu (left)." src="" width="138" height="104" /></a> Papua New Guinea’s Investment Promotion Agency (IPA) Managing Director Ivan Pomaleu (left).[/caption]

“This partnership has grown from strength to strength over the years not only in relationship building between our organisations but in our mutual work programmes focusing in the area of trade, investment and creative arts and growing and creating business opportunities for the PNG private sector,” he added.

Illustrating with specific instances of how the partnership has developed, Mr Pomaleu said, “Some of our joint efforts over the years have resulted in the successful growth and expansion of a number of businesses such as Kongo Coffee Ltd, Pacific Spices Ltd (now Amruqa), Vitis Industries Ltd, R D Tuna Canners Ltd and K K Kingston Ltd, to name a few.”

He said IPA viewed the workshop as a timely opportunity for its relevant stakeholders particularly existing and emerging exporters on best practices related to trade development and how business is conducted internationally.

He also welcomed The Center for the Promotion of Imports from developing countries (CBI) of the Netherlands – whose participation was made possible with efforts from the <b>PT&amp;I</b> Geneva Office. The CBI’s Trade Development Program titled <i>‘The Exporting Pacific-EU </i>– <i>Food Ingredients program</i> is expected to benefit exporters and famers in the food ingredients sectors of cocoa, coffee, coconut and spice sectors, he said.

Acknowledging the IPA-PT&amp;I partnership, Mr Pomaleu said, “The IPA is very grateful for this partnership as it has supported and enabled our trade and investment promotional programmes to be implemented over the years and also allowed the PNG private sector to participate at regional and international markets through support from the PITI network.”

©2018 by Pacific Trade Invest