By: PNG Business News May 20, 2022

Photo: Mr. Rajest Mandjakkat, CEO and Managing Director of Royal Arabian Computers going through the USD1.2m one-stop-shop Destination PNG Tourism Portal project with Amb Kalinoe, flanked by Mr. Sajeth Kumar, CEO and MD of IMBC Financial Professional Group and Dubai-based Trade and Investment Advisor to the PNG Embassy in Brussels (right) and an official of Royal Arabian Computers.

One of the companies that recently signed a Letter of Intent (LOI) with PNG during the Post Expo 2020 PNG-UAE Economic Cooperation Dialogue in Abu Dhabi on 20 April 2022, Royal Arabian Computers, has submitted an investment proposal to partner with the Tourism Promotion Authority to create a one-stop-shop Destination PNG Digital Portal.

The company has been closely following the PNG Pavilion’s Expo journey during the thematic events, including the launch of the PNG SME Digital Economy and the Roundtable on Education, Science and the Green Economy where the Minister for Information, Communication and Technology Hon. Timothy Masiu and the Minister for Tourism, Arts and Culture, Hon. Isi Leonard presented keynote addresses respectively.

Papua New Guinea’s Ambassador to Belgium and Expo2020 Commissioner General Mr. Joshua Kalinoe who is in Dubai for the completion of the PNG Pavilion’s decommissioning exercise met with the company and formerly received their proposal.

Ambassador Kalinoe said the proposal is an effort of the positive engagement between the company and the Pavilion Lead staff of TPA, IPA and the Department of Information, Communication and Technology (DCIT) who worked tirelessly to have the company committed to the investment.

“The Pavilion staff were aggressively implementing the target-based Participation Strategy as approved by the National Executive Council and the results have been overwhelming, well beyond my expectation, where 19 LOIs in trade, finance, banking, manufacturing, construction, tourism, mining, hydrocarbon, renewable energy, carbon trade and agriculture were signed.

“In the next two months, we expect to receive some more formal investment proposals from the 19 LOIs in finance, digital banking, agriculture, information technology, hydrocarbon, mining and import/export infrastructure, including mobility and connectivity”, Ambassador Kalinoe said.

Ambassador Kalinoe said the whole-of-government structure in implementing international events like the World Exposition 2020 with the leadership of the PNG Foreign Service represented by Kundu Brussels, has proven that international diplomacy is certainly relevant to achieving Papua New Guinea’s economic and visibility interests.

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