Friday, April 08, 2011

Abal promises feedback on business summit proposals


ACTING Prime Minister Sam Abal has assured the newly-formed PNG Indigenous Business Council that within three months, the national government will put forward its position on recommendations from the indigenous business summit in Kokopo, The National reports.
Summit patron Sir Rabbie Namaliu presented the joint communiqué, called the Kokopo Declaration, to Abal yesterday at the Vunapope Hall where hundreds of national business people cheered and clapped in unison.
The Kokopo summit also ended yesterday.
The acting prime minister, when accepting the Kokopo Declaration containing 10 recommendations, said the creation of a national business council was the greatest thing ever done in PNG.
Abal said he had initially considered to take a year to work on the recommendations but, with the elections just around the corner, it would take about three months as a practical quest to make them part of legislation and form structural policies.
“This government will make it work and take up the issue of national partnership and go as far as we can until the elections,” the Wabag MP said.
“We will not be complacent about it, we will walk the talk.”
However, Abal stressed this should now not be taken as an anti-foreigners’ lobby campaign.
He said national business people had made a stand to move forward and must cut out regionalism in conducting businesses as this could lead to disaster.
The 10 points in the Kokopo Declaration were:

*Creation of a ministry for indigenous business sector;

*Creation of a PNG Indigenous Business Council;

*Establish a foreign investment and review board;

*Provision of seed capital and tax incentives;

*Capacity building and entrepreneur training;

*Creation of an indigenous land mobilisation authority;

*Establish a national context monitoring authority;

*Determination of national equity;

*Control on major basket of commodities; and

*Work permits and visas.

Also in attendance yesterday were governors Luther Wenge of Morobe and Western Highlands’ Tom Olga, Deputy Speaker of Parliament and Talasea MP Francis Marus, Internal Security Minister Bob Dadae, Attorney-General Sir Arnold Amet and government chief secretary Margaret Elias.

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