PNG urged to take advantage of Taiwan SME experience

Papua New Guinea has been urged to take advantage of Taiwan’s experience in small and medium enterprises (SME) to foster economic development.

Taiwan Trade Mission representative, Herman Chiu, said this yesterday after a reception marking Taiwan’s 103rd National Day which was attended by a large number of people at Dynasty Restaurant at Vision City.

He said because of LNG exports from PNG to Taiwan, an increasing number of Taiwanese businesses now had their sights set on PNG, which augured well for bilateral relations.

“More and more potential investors from Taiwan are visiting PNG,” Chiu said.

“They are coming in clusters.

“Taiwan is famous for SMEs.”