Monday, May 14, 2012

PNG Investors Manual launched

The second edition of the ‘PNG Investors’ Manual’ has been released and is available through the Investment Promotion Authority and the Port Moresby Chamber of Commerce and Industry (POMCCI) , with copies soon to be available in Lae at the Lae Chamber of Commerce and Industry (LCCI) . Copies are also being distributed to PNG foreign missions around the world.
POMCCI chief executive officer, David Conn said following on from the first edition released in 2011, it served as a handbook for anyone interested in investing or doing business in Papua New Guinea.
“A joint production by the Asian Development Bank , the Investment Promotion Authority and the Port Moresby Chamber, it can be obtained free of charge or accessed online and in eBook format at ,” he said.
“ To allow the publication to be freely available to as many people as possible , other sponsors included Deloitte , Gadens Lawyers , Pacific MMI , Remington Technologies, Digicel , Cadden Crowe Pacific and Bank South Pacific
“Sections include general information on PNG, commentary on the economy and investment environment, a living and working in PNG section by Cadden Crowe, a complete section on our legal system and laws for foreign investors by Gadens Lawyers, overview of key industrial sectors with expert commentary on the resource sector from Greg Anderson at the Chamber of Mines and Petroleum, a comprehensive tax overview from Deloitte and a PNG business directory.”
Also available from the Chamber Bizcentre is a new ‘Moresby Map’, available in a handy pocket size, featuring key visitor and business points of interest around the city, with emergency numbers and even a guide to taxi fares issued by the Independent. Consumer and Competition Commission (ICCC).
Conn jokingly commented: “Good luck with that, there is no guarantee you will get that actual fare but at least it is a point to start your negotiations!”

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