We are proud to offer a large range of services in Papua New Guinea (PNG) with a number of local locations in key industry hotspots across the country.

With positive growth of the PNG economy since 2021, powered largely by the extractives sector, we have supplied a large number of services to aid major operations throughout the region. This has ranged from our Upstream services, and plant and terminal operations to drilling tool supply and inspection.

Local service, global expertise

The increased demand for the highest level of quality in operations at many leading sites across PNG has seen us offer local service and experience with global expertise and backing. This has meant that we have employed a large number of personnel over the last two years, directly aiding industry growth within the region.

A comprehensive range of services

In Papua New Guinea, we offer an extensive array of services designed to cater to exploration industries. Our surface well testing service evaluates productivity by gathering fluid samples, measuring pressure and temperature, and analyzing data to determine flow rate and other characteristics. Slickline operations involve setting and retrieving downhole tools, measuring wellbore characteristics, conducting interventions like perforating and logging, and supporting coiled tubing and snubbing operations.  We also offer exceptional Technical Staffing Services in PNG, providing skilled professionals to meet your project needs with unrivaled expertise and local knowledge

We ensure quality at every stage of the project lifecycle, from initial exploration to production, safeguarding operational excellence and project success.

Evaluating environmental impact

We also offer well site and PVC sampling services aimed at analyzing water or soil for contaminants that may pose risks to the environment, human health, or nearby communities. This analysis plays a crucial role in evaluating the potential impact of drilling activities on the surrounding environment.

Additionally, our camp services are designed to meet the specific needs of industries operating in remote or challenging environments, including mining, oil and gas, construction, and exploration projects. These services prioritize supporting the operational requirements and well-being of personnel working in these remote sites.

Cutting-edge drilling solutions

One of the key operations in the PNG region is our subsidiary, Redback Drilling Tools, who provides cutting-edge drilling solutions and services to support efficient operations. With expertise in supplying, maintaining, and inspecting high-quality drilling tools, we are a trusted partner for local companies, contributing to the growth of the drilling industry.

This is supported with our full suite of energy solutions such as comprehensive electrical engineering services, including inspections, testing, compliance assessments, risk assessments, power quality analysis, and energy efficiency optimization.

Non-Destructive Testing (NDT) and supply chain services

Our Non-Destructive Testing (NDT) techniques ensure quality control and safety in various industries. Additionally, our oil condition monitoring services optimize maintenance and operational efficiency. With our supply chain services, we enhance compliance, product quality, logistics, and supply chain efficiency.

Supporting PNG’s industries across the full operational lifecycle

Our comprehensive solutions are tailored to meet the unique challenges and requirements of the local market. With an extensive range of services we can support the full lifecycle of your operations, whether it's evaluating well productivity, conducting inspections, optimizing energy efficiency, ensuring product quality and safety, or enhancing operational efficiency.

At SGS, we play a vital role in supporting PNG's industries, contributing to their success and growth. Our expertise, reliability, and commitment to regulatory compliance are essential in fostering safe, sustainable, and environmentally responsible business practices.

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognised as the global benchmark for sustainability, quality and integrity. Our 97,000 employees operate a network of 2,650 offices and laboratories, working together to enable a better, safer and more interconnected world.

Papua New Guinea (PNG), a country known for its diverse natural resources and rich mining industry, has witnessed a significant boost in its drilling operations, over the last few years. Redback, a global leader in drilling tools and equipment, has increased our operations in this region to best service our clientele.

With a commitment to excellence and a focus on delivering cutting-edge solutions, Redback has established a strong presence in PNG, partnering with major mining companies and exploration firms to enhance their drilling capabilities. By providing state-of-the-art drilling tools and a comprehensive suite of services.

As a proud member of the SGS Group, Redback Drilling Tools possesses a unique advantage through our global network. This advantage enables us to deliver not only a comprehensive range of cutting-edge drilling solutions but also facilitates connections to a diverse array of upstream and industry services. Our primary objective is to support your operations throughout the entire lifecycle, ensuring seamless efficiency and success.

One of the key factors that sets Redback apart is our unwavering commitment to quality. We adhere to the highest standards in the design, manufacturing, and delivery of our drilling tools. Redback's product range includes a wide variety of drilling equipment, such as drill bits, reamers, stabilizers, and hammers, among others. These tools are engineered to withstand the most challenging drilling conditions, ensuring optimal performance, durability, and efficiency.

Mining companies and exploration firms in PNG have experienced improved drilling efficiency, reduced operational costs, and enhanced overall performance. Alongside client benefits, we are also creating job opportunities for skilled workers, contributing to the growth and development of the local workforce. By transferring knowledge and expertise, we are committed to upskilling local professionals and promoting the long-term sustainability of the drilling industry in PNG.

We have a key emphasis on research and development in PNG continuously investing in advanced technologies, materials, and manufacturing processes to develop innovative drilling solutions. By staying at the forefront of industry advancements, we can provide tools that deliver superior performance, minimize downtime, and maximize productivity.

Our competitive edge stems from harnessing the vast expertise and global connections of the SGS Group. This enables us to deliver an integrated approach tailored to your specific needs, whether it's cutting-edge drilling solutions, extensive industry services, or steadfast support at every stage. With Redback Drilling Tools, you gain access to a comprehensive suite of services coupled with unmatched industry insights. Count on us as your trusted ally, supporting your business ventures and driving sustainable growth in PNG's energy industry.

With an extensive range of services in PNG, contact us today to find out how we can benefit your operations.

Photo: PNG PM Marape Participates in PIF Leaders Breakfast Caucas

Prior to the Korean-Pacific Islands Leaders (Kor-Pic) Meeting, Papua New Guinea Prime Minister Marape joined other PIC Leaders for a breakfast caucus Chaired by Cook Islands Prime Minister and current Pacific Islands Forum Chair Mark Brown, to discuss the agenda and a common position on shared development issues. 

Prime Minister Marape said climate variation, being the perennial issue including sourcing appropriate development assistance from the Korean Government was high on the agenda.

He said the encouragement during the caucus was for all PIC Leaders to discuss their developmental challenges and put forward their ideas on how Korean Development assistance could complement the 2050 Blue Pacific Strategy.

Following this caucus, Prime Minister Marape, met with Australian Deputy Prime Minister  Richard Marles.

Their discussions were centered around progress of the proposed Bilateral Security Treaty (BST), the recently concluded Defense Cooperation Agreement with the US, Visa issues and the PNG NRL Bid.

On the BST, Prime Minister Marape mentioned that it was work in progress and required the PNG side to consult our domestic processes and sovereign laws in relation to certain wordings and provisions. 

He also conveyed his apologies to Prime Minister Anthony Albanese for the delay in formalising this proposed Treaty with Australia.

For the DCA with the US, Prime Minister Marape informed that it was centered around improving the PNGDF's capabilities and interoperability including protecting our frontiers and sovereignty.

He said it was non-discriminatory and PNG was open to entering into similar arrangements with its bilateral partners. 

“In fact, the DCA would also complement domestic law enforcement,” Prime Minister Marape said.

“The Ship Rider Agreement on the other hand was also vital in combating illegal fishing and transnational crimes.”

For Visa issues, Deputy Prime Minister Marles informed that the current Australian Government was fully aware of the situation and following the Ministerial Forum in February this year in Canberra, had established a Joint Ministerial Team to work on bringing the Australian visa processing facility back on shore to PNG. 

Prime Minister Marape in his response said that all processes from both sides had to be attended to in order for smooth facilitation and for citizens and businesses to continue without much hindrance now and heading into 2050 when PNG celebrates 50 years of nationhood.

On Papua New Guinea’s NRL Bid, Prime Minister Marape explained that PNG was still very keen as rugby league was a major unifying factor, bringing our 800 tribes together as one people.

In closing Prime Minister Marape assured Deputy Prime Minister Marles that PNG in no way would compromise its excellent existing bilateral relations with Australia and further stressed that PNG was capable of managing its sovereign affairs on its terms, systems and processes.

Papua New Guinea was amongst seven other Pacific Island countries to sign a partnership statement of intent with the Republic of Korea to further cooperation and partnership in digital transformation.

Information and Communications Technology Minister Timothy Masiu, who also was appointed co- chair of the just concluded Korea -Pacific Islands Digital Ministerial Conference in Seoul, South Korea, signed the statement together with the meeting chairman Korean Minister for Science and ICT Dr Lee Jong-Ho.

The others who signed the partnership intent are Tonga, Nauru, Samoa, Palau, Cook Islands and Kiribati. Australia and the World Bank also attended the meeting as supporting partners.

The Statement of Intent states;

• The partnership recognize digitalization has transformed not only  daily lives but also shapes innovation in all sectors including politics, economy, society, culture and environment.
• Recognize and note that digital technology offers great potential to address various social economic challenges that come with rapid transformation of society.
• Agree on continued partnership in digital transformation  inclusive of sustainable development will be the key to future prosperity of the people of Korea and the pacific.
• Agree on sharing digital vision of policies will pave way for strong partnership to digital co-prosperity.
•  Mr Masiu expressed deep satisfaction that Korea , the global leading innovation country, has agreed to partner with Pacific countries including Papua New Guinea in digital transformation that will greatly enhance communication in a vast area like the Pacific and more so, strengthen supporting technology to better access to health, education and business.

He told the conference that Papua New Guinea has begun the digital transformation with Parliament passing the Digital Government Act 2022 and relevant policies, and welcomed the partnership with the Republic of Korea, which he says, will go a long way in progressing the digital transformation agenda for PNG and the region.

Mr Masiu had bilateral meeting with his South Korean counterpart, further seeking a stronger country to country relations in digital transformation and support to the National Broadcasting Corporation proposing a partnership between the NBC and the Korean Broadcasting Services.

The Minister has formally invited the Korean Minister for Science and ICT to visit Papua New Guinea for the Pacific ICT meeting in August 2023 or to accompany the South Korean President who has been invited by Prime Minister James Marape to visit PNG.

Mr Marape was in Seoul also this week for the Korea- Pacific Islands Forum Leaders meeting.

Minister Dr Lee Jong-Ho acknowledges the leadership of Papua New Guinea in digital transformation and reaffirmed its support to PNG and the other Pacific Island countries.

Photo: Prime Minister Hon. James Marape meeting with President of the Republic of Korea, His Excellency Yoon Suk Yeol, in Seoul, South Korea.

Prime Minister Hon. James Marape had fruitful discussions with the President of the Republic of Korea, His Excellency Yoon Suk Yeol, on the margins of the inaugural Korea-Pacific Islands Summit (Monday, May 29, 2023) in Seoul.

The Prime Minister was accompanied by the Minister for International Trade and Investment Hon. Richard Maru, Vice-Minister for Finance and Implementation Hon. John Boito and Vice-Minister for Treasury Hon. Solen Loifa.

Present at the meeting on the Korean side with President Yoon were Prime Minister H.E.Han Duck-soo and Minister for Foreign Affairs H.E. Park Jin.

At the commencement of the bilateral meeting, PM Marape personally gave recognition to Korea as one of Papua New Guinea’s biggest trading partners.

He said Korea and PNG had had a healthy bilateral relation since 1976 which should be ramped up going into the future.

“More importantly, our focus is on ramping up our trade relations with Korea,” PM Marape said.

“We invited them to bring in their business expertise, especially in the space of manufacturing, into our country’s focus of moving into downstream processing, in our Special Economic Zones.”

He said current volume of trade between both countries stood at US$1.8 billion.

PM Marape said the current balance of trade was in PNG’s favor. He encouraged Korea to invest more in PNG and for them to buy more of the country’s products as it moved from exporting raw materials to exporting finished products.

He also indicated to President Yoon that PNG today signed visa waiver arrangement for diplomats and officials with Minister Park at the Ministry of Foreign Affairs.

PM Marape went on to make a commitment of looking into visa-on-arrival arrangements for both countries.

“Korea is not a lightweight and I commend them for their success story, from being a country known for poverty, to being a rising economic powerhouse in the world,” he said.

“I have indicated to H.E Yoon Suk Yeol that Papua New Guinea will give support to Korea to host the 2030 World Trade Exposition in Busan.

“We also commended Korea’s sensitivity to rising sea levels and climate change, and their commitment to using technology and innovation as a means to address the protection of seas and environment.

“This complements Papua New Guinea’s own focus on using technology for land reclamation and protecting our small island communities and small island states.”

The Prime Minister made a special commendation of the current South Korean leadership for complementing South Pacific Island countries’ views that rising sea levels were caused by climate change.

PM Marape said in that respect, with Korea’s focus on the Pacific, they must work with the Pacific Island Forum

He said PNG must not be viewed as a small island state because its land mass and population were bigger than all other island states.

“Whilst we are a Pacific Island country, we are not a small Island state but a big island nation,” PM Marape said.

He encouraged the Korean President, Prime Minister and Foreign Minister to relate with PNG through a separate, specific bilateral framework that would embrace government-to-government, people-t- people and business-to-business relations going into the future.

PM Marape also asked the President to look at reopening the Korean International Cooperation Agency (KOICA)Office in Port Moresby. President Yoon said he would get his officials to look into that.

Other matters discussed were the Korean Exim Bank’s commitment to fund the Wewak and Vanimo wharves and soft-lending facilities that PNG could access.

PM Marape extended an official invitation for to President Yoon to visit PNG at a convenient time.

Photo: PM Marape and Minister Park Jin show the signed reciprocal visa waiver arrangements between the Korea and PNG.

Prime Minister and Minister for Foreign Affairs Hon. James Marape and Republic of Korea Foreign Minister H.E. Park Jin on Monday, May 29, 2023, signed reciprocal visa waiver arrangements between the two countries in Seoul, Korea.

PM Marape said work for this arrangement started in 2016 and was now concluded with the signing of the arrangements.

“We have worked on this since 2016. I believe the delay was on our part but it is better late than never,” he said.

PM Marape said PNG and Korea already participated in the APEC Business Travel Card (ABTC) scheme, where members used the ABTC cards as a visa, to travel to other member economies and also as a visa exemption or entry permit to travel within the confines of member economies.

PM Marape said the new reciprocal visa waiver arrangements would allow officials between both countries. He said PNG would look into putting in place visa-on-arrival systems for all other Korean passport holders.

PM Marape said the signing of the agreement was of great joy to him as someone who believed in the Korean success story.

He said it would mean better relations between both countries including people-to-people, business and investors.

PM Marape said he would like to see more Korean investors and businesses come into PNG to do business, and to have more PNG products, including coffee, sold to the Korean market.

He told Minister Park that there were already many Korean products in PNG shops, offices and homes, including brands such as Samsung and Hyundai. A Korean construction company has won the construction contract for the Papua LNG Project.

PM Marape said he was aware of the concerns of the Government of Korea on the safety of Koreans who lived and did business in PNG.

He assured the Korean Foreign Minister that safety was of paramount importance in PNG and people who perpetrated incidents like the one that took the life of a Korean citizen last week would face the full force of the law.

“You would have noted our signing with the USA of the Defence Corporation Agreement. It is not just for their presence, it is important for our local law-and-order strategy,” PM Marape said.

“Protecting our sea space, air space, land border and ramping up on our law-and-order enforcement capabilities are of paramount importance.”

PM Marape also told Minister Park that while PNG share challenges faced by Pacific Island countries, he wanted one-on-one bilateral arrangements with Korea, apart from the Pacific Islands Forum (PIF).

Minister Park assured PM Marape that he would look into one-on-one bilateral arrangements with PNG, apart from the arrangements with the PIF.

Photo: Prime Minister Hon. James Marape and Australia Deputy Prime Minister Hon. Richard Marles in Seoul, Korea.-DEPARTMENT OF PM & NEC MEDIA

Prime Minister Hon. James Marape met with the Deputy Prime Minister of Australia Hon. Richard Marles on Monday, May 29, 2023, on the margins of the inaugural Korea-Pacific Islands Summit in Seoul, Korea.

PM Marape and DPM Marles discussed issues of concern for both countries, including giving each other updates on the recently-signed Defence Cooperation Agreement (DCA) with the United States and the proposed Bilateral Security Treaty (BST) with Australia, visa issues and the PNG NRL bid.

He informed DPM Marles that the Bilateral Security Treat that Australia would like to have with Papua New Guinea “is a work in progress at the moment”.

“It is a work in progress and requires the PNG side to consult our domestic processes and sovereign laws in relation to certain wordings and provisions,” PM Marape said.

He also conveyed his apologies to Australian Prime Minister Hon. Anthony Albanese for the delay in formalising this proposed Treaty with Australia

For the DCA with the US, PM Marape informed that it was centered around improving the PNG Defence Force’s capabilities and interoperability, including protecting our frontiers and sovereignty.

He said it was non-discriminatory and PNG was open to entering into similar arrangements with its other bilateral partners.

“In fact, the DCA would also complement domestic law enforcement,” PM Marape said.

“The Ship Rider Agreement, on the other hand, was also vital in combating illegal fishing and transnational crimes.”

For Visa issues, DPM Marles informed that the current Australian Government was fully aware of the situation and following the Ministerial Forum in February this year in Canberra, had established a Joint Ministerial Team to work on bringing the Australian visa processing facility back on shore to PNG.

PM Marape, in his response, said that all processes from both sides had to be attended to in order for smooth facilitation and for citizens and businesses to continue without much hindrance now and heading into 2O25 when PNG celebrated 50 years of nationhood.

He informed DPM Marles that the Republic of Korea and PNG signed a Visa Waiver Agreement on Monday before the Australia-PNG bilateral.

On PNG’s NRL Bid, PM Marape explained that PNG was still very keen, as rugby league was a major unifying factor, bringing 800 tribes together as one people.

In closing, PM Marape assured DPM Marles that PNG in no way would compromise its excellent existing bilateral relations with Australia and further stressed that PNG was capable of managing its sovereign affairs on its terms, systems and processes.

Minister for International Trade and Investment, Hon. Richard Maru met with his counterpart Minister, Hon. Chan-Yang Lee the Korean Minister for Trade, Industry and Energy on the margins of the inaugural PIC-Korea Leaders’ Summit in Seoul, Republic of Korea on May 30, 2023. Minister Maru was part of Prime Minister Marape’s delegation to the Inaugural Pacific Island Countries and Korea Leaders meeting held in Seoul on May 29, 2023. He was accompanied by Vice Minister for Treasury Hon. Solan Loifa.

Minister Maru expressed that PNG since establishing formal diplomatic relations with Korea never had a formal arrangement in place to facilitate trade and investment of its products, including fish, coffee, cocoa and chocolate products, timber products and LNG and many others; and to also allow for Korean investors to invest in PNG.

He stressed for Korean investors to invest in manufacturing sector where they can downstream process and value add PNG's vast natural resources in agriculture, forestry, fisheries, energy and opportunities in the ICT sectors. Since Korea already has markets for its products and positive reputation as a quality manufacturer and supplier of products to the world, for them to invest and produce in PNG, the overseas markets for these products are already secured.

Minister Maru informed his Korean counterpart of the Special Economic Zones he is championing and invited Korean companies to invest in these zones where Government will accord them special incentives.

Minister Lee responded positively for more Korean investors to consider investing in PNG while acknowledging PNG’s available resources unlike Korea. Minister Lee further informed that Korea now prefers Economic Cooperation Framework arrangement rather than the traditional Free Trade Agreement and so far has signed such arrangements with several countries. Such arrangements can appropriately facilitate trade and investment between trading partners, hence welcomed Minister Maru’s proposal for a broad framework arrangement to facilitate trade and investment between the two countries.

Minister Lee also informed Minister Maru of the Korean Trade and Investment Authority (KOTRA), which is Korea’s national Trade and Investment promotion organisation established in 1962 whose mandate include promoting Korea’s trade and investment and encouraged PNG to also work with KOTRA to realise increased trade and investment with Korea. Minister Maru and Minister Yang Lee concluded their meeting on a high note agreeing for PNG to share its draft for the Trade and Investment Framework Arrangement with Korea for their views going forward.

Steamships Limited recently took possession of Motukea North from Curtain Bros Limited. This is a significant milestone for Steamships in its plans to develop the 38-hectare site to the north-west of Motukea Wharf into Portside Business Park.

Steamships Managing Director, Rupert Bray, said “We see the Portside Business Park precinct as the future industrial and commercial hub for Port Moresby. Steamships is proactively working with the respective PNG Government agencies to have Portside Business Park become a Special Economic Zone. This industrial park has the potential to become the catalyst for economic development in both the resource and non-resource sectors.”  Mr. Bray added that “Consistent with the PNG Government’s National Development Goals, Portside Business Park will not only generate economic activity but also promote downstream processing, manufacturing and the export of local goods and services, encourage domestic and international investment, create employment, and develop infrastructure.”

Portside Business Park will be developed and operated by Steamships’ property arm, Pacific Palms Property.  It will be a mixed-use industrial development with three core zones – an Industrial Zone with a wharf and open-yard storage; a Light Industrial Zone with warehouses and flexible warehouse with office mezzanines; and a Commercial Zone for supermarkets, petrol stations, banks and ATMs, primary healthcare, food & beverage outlets, a business hotel, and other businesses that support the locators at Portside Business Park etc. It is anticipated that the total investment to develop the Park to its full potential will exceed PGK 1billion.

With direct access to Motukea International Port and its own deepwater wharf, the project also has key road frontage along the Napa Napa Road, giving tenants access to key trading centres within 20 minutes of the site - including Papa Lealea LNG Site, Puma Energy Refinery, Baruni Industrial Centre, Waigani Business District, Port Moresby Downtown, and Jacksons International Airport.

Steamships’ General Manager Corporate Affairs, Mr. Vele Rupa, believes “the Portside Business Park demonstrates the interconnectivity between key stakeholders including the State, Provincial and local level Government, landowners, and the landowner companies”.

Residents of Manu and it’s surrounds can now treat themselves to an ENZO’s Pizza. The latest addition to PNG’s favourite Pizza outlet is conveniently located at the recently reopened Puma Station on Taurama Road.

ENZO’s Pizza Country Development Manager Sudeep Geethanandan said, “Our vision is to make ENZO’s more accessible to all Papua New Guineans. By opening at outlet at the Puma Service it gives our patrons the added convenience and security.”

The new outlets operate seven days a week and are open from 9am-9pm. The new store brings ENZO’s Pizza offering in Port Moresby to seven stores, and the national coverage for the chain to 11 outlets across Port Moresby, Lae, Hagen, Goroka and Kiunga.

“We are growing at an exponential rate making us the fastest-growing Quick Service Restaurant brand in Papua New Guinea. We are making it more accessible to our pizza-loving customers with the opening of these ENZO’s new outlets,” says Mr. Geethanandan.

Treat yourself, your family, friends, or your team to one of ENZO’s saucy, toppings-loaded, hot, and deliciously cheesy pizzas today, and share your images with us using the hashtag #YumiCelebrate on Enzo’s Facebook page @enzospizza.p.n.g

Photo credit: Embassy of India, Port Moresby

Inbasekar Sundaramurthi, the Indian High Commissioner, has revealed that the bilateral trade between Papua New Guinea (PNG) and India currently amounts to approximately US$350 million (equivalent to about K1.2 billion). Sundaramurthi further stated that in the previous year, India's exports to PNG reached around US$70 million (approximately K247.8 million), while imports from PNG totaled approximately US$280 million (about K991.8 million). 

"PNG's exports to India is four times to one, and the balance of trade is in favor of India," Sundaramurthi highlighted. 

He expressed contentment with the existing trade partnership between the two nations and underscored the potential for diversifying bilateral trade beyond commodity supply, emphasizing the importance of downstream processing. 

"This means our bilateral trade can diversify into more areas instead of being a commodity supplier but assess downstream processing," Sundaramurthi explained during a press briefing. During the briefing, 

Sundaramurthi appealed to Richard Maru, the Minister for International Trade and Investment in PNG, requesting policy announcements that could be shared with Indian investors. He stressed the need to address the specific requirements of Indian investors, such as business safety, security, and investment protection, to create an attractive business environment. 

"Indian charity is different, and business is different because they need the safety of business, security, and investment. Such requirements should be put in place to attract investments in India," Sundaramurthi added. 

Sundaramurthi expressed his aspirations to facilitate the entry of Indian investors into Papua New Guinea, further strengthening the economic ties between the two nations. By nurturing an environment that meets the needs of Indian investors, the potential for expanded trade and investment between PNG and India can be realized. 

"We have been happy to trade with PNG as a country that is in partnership with them. We hope to bring Indian investors to PNG," Sundaramurthi concluded.

Photo: Commissioner General Sam Koim of the Internal Revenue Commission

In a recent speech at the National Press Club event, Commissioner General Sam Koim of the Internal Revenue Commission (IRC) highlighted the importance of Special Economic Zones (SEZs) in stimulating economic growth. However, he cautioned against hastily establishing SEZs throughout the country, emphasizing the need for careful monitoring. Koim proposed a strategic approach, advocating for the creation of one or two successful SEZs as models before replicating the concept elsewhere. 

Koim acknowledged the positive impact SEZs have had in various countries, while also recognizing instances where they have fallen short. He commended the government's proactive stance in promoting and encouraging SEZs, emphasizing their potential benefits for tax revenue and national development. Koim stressed the importance of precise implementation, noting several aspects that require careful consideration. 

"SEZ is a good concept. It has worked well in many countries and also faced challenges in others," Mr. Koim said. "It's encouraging that the government is promoting and supporting it." 

According to the IRC Commissioner General, simply offering tax holidays may not be sufficient to attract investors. He emphasized the need for a comprehensive approach, where investments in security, power infrastructure, transportation, and other related factors would complement the tax benefits. Koim stressed the necessity of incorporating diverse perspectives and strategies to optimize the effectiveness of SEZs. 

"When it comes to the tax holiday itself, it's not the main attraction. There are other factors to consider. If investors receive a tax holiday but the same amount is spent on security, power, and other attractions, I don't think it will attract business," Koim explained. "A range of views need to be taken into account." 

The government's commitment to facilitating investor attraction is commendable, and Koim emphasized the need for robust mechanisms to ensure the success of these initiatives. The IRC is actively collaborating with the SEZ committee, with one of Koim's commissioners serving on the SEZ Board. Their primary objective is to protect taxpayer funds while creating an environment conducive to attracting investments. 

"The government is on the right track by promoting ways to attract investors. However, we need various mechanisms to make it work," Koim affirmed. "We are working closely with the SEZ committee, and one of my commissioners is on the SEZ Board. We will ensure the protection of taxpayer funds."

The Marape-Rosso government will very soon announce “special incentives” to support loyal players in the manufacturing, agriculture, forestry and fisheries sectors focused on serious downstream processing in the country, Prime Minister Hon. James Marape has said.

PM Marape announced this to members of Lae Chamber of Commerce & Industry on Thursday, May 25, 2023, when he was addressing a breakfast meeting in Lae.

Pointing out Goodman Fielders latest K800 million processing facility in Morobe Province as an example, the Prime Minister encouraged Lae’s manufacturers and those with businesses in agriculture, forestry and fisheries to get into this downstream processing space.

“I want to pay special mention to Goodman Fielder who have come in and brought in a K800 million worth of investments in the country,” said PM Marape.

“For those of you already doing business, we want to put up incentives so you can produce here and export from here, and bring back the money into the country.

“Those of you in this space, our Ministry of International Trade has announced the policy initiative on giving you tax holidays on the investments you are putting into the downstream of agriculture, fisheries and forestry. So keep a look out and keep working.

“These incentives will be announced very soon. In fact, within the six months before the 2024 Budget is brought in.

“Agriculture remains the great focus for us – agriculture exports, downstream forestry exports, downstream fisheries exports. We will not make a subtle turn.”

He said Lae and Port Moresby would be the starting points, to act as “agriculture enclaves” from where the Government would like to expand to other areas that already have enabling infrastructure such as a developed port, sustaining power, good road and other supporting infrastructure.

For the Fisheries sector, the Prime Minister said the recently-signed Shipriders Agreement with the United States opened up the opportunity for the US Navy to help the country in monitoring and surveillance of Papua New Guinea waters.

“For the first time ever, we have a very real chance of properly monitoring and containing illegal fishing, and knowing exactly what we are capable of making in fisheries. We are developing the Madang Maritime Industrial to add to what we are doing in the Fisheries sector.

“We also have set aside money for the development of Special Economic Zones to achieve a sustainable economy in agriculture, forestry and fisheries. We want to move toward the downstream processing space at the earliest,” PM Marape said.

Photo: Front row, from left: Palau President, Surangel Whipps Jr (in blue shirt holding PX aircraft model) and his delegation met with ANG A/CEO, Gary Seddon and his executives in Port Moresby recently.

Acting Air Niugini Chief Executive Officer, Mr Gary Seddon and his executives met with Palau President, Surangel Whipps Jr in Port Moresby over the weekend to deliberate on the current Air Niugini flights between PNG and Palau.

Both parties expressed that there are further opportunities to explore to promote the sector, build interest and steadily grow passenger volumes. 

They further added that by connecting Pacific Islands to drive trade and tourism, it provides an opportunity for Air Niugini to strengthen its position as a regional airline, supporting the sixth freedom traffic which is the right or privilege of operating scheduled international air services via the home state of the carrier to move traffic between the two states.

Mr Seddon said “ This is a fantastic opportunity for Air Niugini to participate in an invaluable initiative connecting people across the Pacific. We are honoured to have had the chance to share Air Niugini’s future plans with the President and his delegation. “

“This will further be underpinned by Air Niugini’s fleet replacement program.” Mr Seddon added

The sector between PNG and Palau is supported by the Australian Government through an initiative to promote regional connectivity. 

The Air Niugini PNG/Palau flights commenced in February this year with weekly flights operating every Tuesday from Brisbane via Port Moresby and Koror (Palau).

The Palau President and his delegation were in Port Moresby for the India Pacific Islands Co-operation forum, which ended last Monday.

Photo: PNG Government Secures 60 Percent in Wafi-Golpu Mine Project, PM Marape announces

The Papua New Guinea Government has finally settled on the total benefit sharing at over 60 per cent from the Wafi-Golpu project.

Prime Minister James Marape, in addressing the Morobe Tutumang in Lae, said the total benefits sharing included taxes, equity, royalty and also an additional social fee for the environment around the project area.

“The framework that was signed in Port Moresby recently is a guide on how best the Government, the developer and the resource owners will be working with each other to take the project from this point on,” he said. Marape added under the recently signed MoU framework, the Government had secured a “better defined royalty”.

PM Marape also explained that according to the law the developer could only pay two per cent.

“This is the case with resource owners from other projects in the country.

PM Marape said there were three layers of deductions on that two per cent.

The Prime Minister said that was why the Morobe government had pushed for the royalty percentage to be taken up to five per cent and reduce the equity to 20 per cent. He said considering the demand from the Morobe government, the State had to adjust the numbers to add up the monetary value of the total benefit and settled for 3.5 per cent.

PM Marape explained that the 3.5 per cent that was settled for was just K100 million less compared to the original five per cent.

“The Government also secured an additional 10 per cent equity on total benefits sharing because the previous government’s agreement was to forfeit 10 per cent of the benefits as royalty to settle for just 20 per cent equity,” Marape said.

PM Marape explained that was why former governor Ginson Saonu took the matter to court.

“So through the court, we recouped that 10 per cent in equity,” Marape said.

PM Marape confirmed that the financing of that additional 10 per cent would be done similar to the Porgera project.

“Seventy per cent of that additional 10 per cent equity will be raised by the developer while the government balances it,” PM Marape said.

"This additional 10 per cent has been fully secured and is for the people of Morobe.

Papua New Guinea and Malaysian Governments need to do more to build government-to-government and people-to-people relations between the two countries, says the Minister for International Trade and Investment, Hon Richard Maru. Minister Maru said this during his bilateral meeting with the Malaysian Deputy Minister of Investment, Trade and Industry, His Excellency Liew Chin Tong at the margins of the APEC Trade Ministers Meeting in Detroit, United States.

“Malaysia is the second biggest investor in Papua New Guinea in the non-renewable sector with over US$10 million investment and over 200 companies. In terms of trade, the total trade between the two countries stands at over K22 billion in 2021 and is expected to increase over time. This trade and investment relations is purely built on the private sector,” said Minister Maru.

“There is a great opportunity for both countries to further enhance their existing bilateral relations by encouraging greater cooperation in trade and investment, including a possible Investment Protection and Promotion Agreement (IPPA), a trade agreement and other technical cooperation, including the areas of education and digital trade,” said Minister Maru.

The two Ministers agreed for senior officials to meet in July this year to discuss steps forward on the scope of the possible exchange visits by the Prime Ministers of both countries hopefully by the end of this year.

“We are encouraged by Malaysian investors like WR Carpenters who are already in PNG and invested in manufacturing and shipping services and we want to see more investment from Malaysia in downstream processing of raw materials such as logs and timber products,” said Minister Maru.

Minister Maru also informed Deputy Minister Tong that PNG Government had made the decision to ban round log export by 2025 and he invited Malaysian investors, especially those that have experience in global forestry product market to come and invest in this sector.

“The agriculture and manufacturing industries in PNG have grasped the interest of the Malaysian investors and further extended the invitation to Malaysian investors to invest in PNG’s proposed SEZ sites.

On other issues of bilateral cooperation, Minister Maru noted that Malaysian High Commission in Port Moresby had secured a piece of land in Port Moresby to build its Chancery, but it is yet to build its Office.

“Similarly, Department of Foreign Affairs should commence discussion with their Malaysian counterpart for a reciprocal arrangement for the Government of Malaysia to allocate a piece of land for PNG High Commission Chancery to be built in Kuala Lumpur. This is necessary to enhance the PNG-Malaysia bilateral relations,” said Minister Maru.

This will be one of the issues that will be discussed in the suggested Senior Officials Meeting between the two countries later in the year.

Meanwhile, Minister Maru will visit Malaysia straight after the APEC meetings to meet with his counterpart Minister and potential investors who are interested in investing in coconut, palm oil, cattle, and manufacturing sector in PNG. Plans have advanced to a point where Minister Maru will be in Malaysia to finalize discussions for two new coconut oil refineries to be built in Madang and Kokopo this year so PNG will for the first time since independence cease exporting crude coconut oil from the oil mills in Madang and in Rabaul.

“This exciting development will signal the start of the Marape Government’s efforts to downstream produce all our agriculture raw materials to final products to meet our own local demand and export to markets in other countries,” said Minister Maru.

Photo: Remington Group CEO, Peter Goodwin (L) and POMCCI Consultant Brian Riches (R).

The Remington Group is proud to announce the launch of its ‘Loyal to Local’ campaign with the support of the Port Moresby Chamber of Commerce and Industry.

The core objective of this campaign is to inspire and encourage both business communities and individuals to reconsider their purchasing choices and embrace the power of buying locally. By raising awareness about the vital importance of supporting local enterprises, the campaign aims to increase local business visibility, stimulate the local economy and foster a sense of community pride through supporting local businesses, and most importantly ensure that PNG financial resources stay in PNG.

The COVID-19 pandemic has had an immense negative impact on all businesses, and now with the possibility of a global recession looming, it is more important than ever to support our very own PNG businesses. By consciously choosing to purchase from local businesses, both corporate entities and residents have the power to sustain local businesses and strengthen our national economy.

Expressing his passion for the cause, Remington Group CEO, Peter Goodwin says,” Our goal is to raise awareness around the importance of supporting local business houses. The Remington Group itself, is a 100% PNG-owned Group of businesses, we suffer when PNG based businesses, foreign missions and NGO’s choose to buy equipment and products that we sell, from overseas For further enquiries Contact Esther Gegelagi Email: egegelagi@remington.com.pg or Call: 312 3400 sources. Even worse, then they expect us to service and sustain their purchases for them. We all know how expensive it is to do business here. The high cost and unreliability of utilities, worsening law and order, lack of foreign exchange shortages, bad roads and transport, rising unemployment, inflation…the list goes on and on. We need local businesses to stay loyal to PNG, for the benefit of all concerned.” “When we choose to buy from local businesses, we are supporting our neighbours, creating local jobs, and investing in the future of our community”, he added.

The Remington Group will be partnering with other local businesses to share what we are doing as we strive to support each other during these challenging times. This will feature different activities within our own Group of companies, from promoting other local businesses, discounts on our products and services, and working in partnership on initiatives to influence and support PNG businesses.

The Remington Group encourages businesses and individuals nationwide to seize this opportunity to make a difference by embracing the 'Loyal to Local' campaign and actively supporting each other through their purchasing choices. Together, we have the power to influence each other to benefit our communities, stimulate economic growth, and pave the way for a prosperous future.

The Central Provincial Government has facilitated yesterday (18th of May, 2023) at Crown Hotel with a cheque of K280,000 for their 4 districts including their 5083 wards to help improve its communities access basic infrastructure and services through the Rural Service Delivery Project. 

The Rural Service Delivery Project is sanctioned and implemented by the  Government of Papua New Guinea under the Department of Provincial and Local Government Affairs through World Bank's credit facility and the Australian Government's grant for a period of five years. 

Present to witness this ongoing 5 year project to become a reality where stakeholders including Member for Kikori and Minister for Department of Provincial and Local Level Government Affairs, Hon. Soroi Marepo Eoe and dignitaries from the Central Provincial Government and Department of Provincial and local Government Affairs. 

Central Governor Honorable Rufina Peter was pleased to see stakeholders present for the occasion and emphasized the importance of the RSD project which is a community oriented project involving the community to participate in basic services and infrastructure developments lacking in their community. 

"We are talking about taking back Papua New Guinea well this RSD Project is a community based initiative where communities take part in development by doing so we are leaving no one behind " said Governor Peter. 

Minister for Department of Provincial and local Government Affairs Honourable Soroi Eoe thanked the Central Provincial Government for taking the lead in the RSD project as Central Province was so far a successful recipient in previous projects received along with East New Britain Province, Chimbu Province and Western Province. 

"With the experience received by our madam governor for Central Province as a former project Manager for RSDP I believe that this counter funding will go a long way with the support of my ministry taking the lead in establishing key projects in the Central Province ", stated Hon. Soroi Eoe.

Also present to give his support for the RSD project was Member for Rigo Honourable Ano Pala who pledge to make funding available for this project to become a reality under his district of Rigo in the Central Province. 

"I thank the Honourable Governor of Central Province in facilitating this great initiative and I as the member for Rigo pledge my support in working with the good Governor's office for vital projects in my district to become a reality" stated honourable Ano Pala.

Koiari President Mr. Willie Wavi shared his experience in benefiting from the previous 5 year project with an establishment of a solar power project in the Koiri LLG which is now currently benefiting the people.

"I am happy to witness this occasion and have benefited in the previous RSD Project all it takes is commitment and involving the community with an initial sweat equity contribution by the community,” said Mr. Wavi.

All local Level ward councils in Central Province present at the occasion pledged their support in participating meaningfully by identifying key community based projects that will benefit their respective wards.

Photo: Central Governor Hon. Rufina Peter with representatives of various tertiary institutions holding on to their check payments

A timely step has been taken by the Central Provincial Government to relief Central Tertiary Students for its 2023 tuition fees totally at the cost of K3, 456 050 presented to various Tertiary Institutions in the country on Friday 19th of May, 2023 at the Crown Plaza Hotel. 

The Governor's Tuition support fee program is a first of its kind under the leadership of Central Governor Rufina Peter where investigative research had been carried out to roll out the program. 

"Human Resource Development is our first priority in the Central Province it is a valuable asset in equipping our people to contribute meaningfully in the Province development. 

"This is a first of its kind and we hope to improve well with students performance evaluated according to their GPA. 

"K2, 000 000 was taken out of Central Province Internal Revenue and K1, 456 050 from PIP funding hopefully we make an increase to provide K2, 000 per student but for now each student will receive K1,200 said Governor Rufina. 

Coordinator of Central Governor's Tuition Fees Support Program Mr. Paul Senkai commented that they had to to start from scratch in collecting data and making sure credible records were kept of students who were able to participate in the program.

" We are more than happy to liase with the various Tertiary Institutions and make sure that our students perform well to continue on with their studies", said Mr. Senkai.

The following representative of various Tertiary Institutions present were Datec Learning Centre, Port Moresby Business College, Asia Pacific College, Mapex Training Institute, Kumul Training Institute, International Training Institute and   Highlands Youth Vocational. Other Tertiary Institutions absent on the occasion were University of Papua New Guinea open and main campus and University of Technology.

Prime Minister Hon. James Marape says the Defence Cooperation Agreement (DCA) between the United States of America and Papua New Guinea does not in any way encroach into the sovereignty of the country.

And he has assured Papua New Guineans that all aspects of the DCA will be made available to the public through a Parliamentary Statement that he will make.

“I am working to release the agreement for public knowledge, and on Thursday this week, we will send the State Solicitor and Foreign Affairs and Defence Secretaries, to go through the DCA with students and interest groups to ensure they are informed correctly.”

PM Marape said this during the historic signing of the DCA by US Secretary of State Antony Blinken and Defence Minister Hon. Win Daki at APEC Haus in Port Moresby today (Monday, May 22, 2023).

“This agreement in no way encroaches into our sovereignty,” PM Marape said.

“We will, after this signing, inform all stakeholders and our citizens on all aspects of the agreement.

“It will be transparent and shown to everyone who has an interest in it.

“It in no way affects other defence cooperation agreements, defence relationships and bilateral relationships we already have with other countries.

“This is a straight two-way highway between the Pentagon and Murray Barracks, between Washington and Waigani, between USA and PNG.

“I am satisfied that this agreement will add value to and strengthen our economy going into the future.”

PM Marape said the DCA would also strengthen US-PNG relations going into the future.

“We have been important partners of the past,” PM Marape said.

“Our shared bonds and experiences have kept our two nations together until 2023, when we elevate this, in as far as our defence cooperation is concerned.

“We are elevating from what used to be a generic relationship under the 1989 Status of Force Agreement (SOFA) to a specific relationship with the United States people, government and defence force

“Papua New Guinea has a Visiting Forces Act of 1975 which allows for these agreements to be entered into.”

PM Marape said this law was born out of Section 206 of the Constitution and the DCA was done transparently and following proper processes. He said it was the result of many years of hard work by both countries.

“It is mutually beneficial, and in the PNG context, secures our national interest as we grow into a robust economy in this part of the world,” he said.

“I am very happy that we have reached this milestone and thank Secretary Blinken for his patience, as well as our State Solicitor, Department of Defence and Department of Foreign Affairs for their leadership.

“We have similar DCAs with countries like Indonesia and Australia, and ask our citizens not to panic or fear unnecessarily, in the midst of much misinformation being circulated.”

Fishing Industry Association of PNG's Tuna Purse Seine Fishery rated the largest global tuna source of MSC-certified tuna

The Fishing Industry Association of Papua New Guinea (FIA PNG) has once more gone beyond its expected boundaries to achieve another milestone for the fishing industry relating to the association’s purse seine fishing method.

Purse seines are used in the open ocean to target dense schools of single-species pelagic (midwater) fish like tuna and mackerel. Some of the main species fished with purse seine gear are southern bluefin tuna, Australian sardine, blue mackerel, and jack mackerel.

FIA has recently undergone a strict, exhaustive, and robust scope extension assessment by Scientific Certification System (SCS) Global Services for their Geographical Scope extension into the waters of the Parties to the Nauru Agreement (PNA) and the Western Central Pacific Ocean waters.

They are proud to announce that they have collectively become the "largest tuna supply source with 750,000 MT of raw material that includes Yellowfin tuna, Skipjack tuna and Bigeye tuna” under their FIA PNG Marine Stewardship Council (MSC) tuna fishery certification.

The waters of the PNA member-countries consist of Kiribati, Tokelau, Tuvalu, Solomon Islands, Nauru, Marshall Islands, Federated States of Micronesia, and Palau, and are the most productive waters that supply more than 50% of the global tuna raw material.

The President and Chairman of FIA PNG, Sylvester Pokajam stated: “Our current tuna fleet of fifty-five (55) tuna purse seiners is fishing inside the PNG Exclusive Economic Zone and Archipelagic Waters and are having good catches. However, we applied for the geographical scope extension only because we do not know how climate change will influence the tuna stocks' behaviour and migration patterns”.

"We safely guarantee our stakeholders, clients, and retailer partners that we will maintain the same rigor with the 100% observer onboard coverage, iFIMS real-time data collection and Global Fishing Watch (GFW) in accessing our Vessel Monitoring System".

"FIA will also like to ensure our clients that we will maintain best practices in Global Dialogue on Seafood Traceability Key Data Elements, data collection & share, and most importantly, the FIA PNG accountability and management control system under our Responsible Sourcing Policy", Mr Pokajam said.

The announcement of becoming the largest tuna supply source “is a result of great teamwork by our FIA PNG tuna fleet members and our FIA PNG office team to provide enough verifiable evidence to show how we are managing our fishery in a responsible and transparent manner to SCS Global services, the MSC conformity assessment body,” he said.

Mr Pokajam also expressed his gratitude to the country's flagship in the fisheries sector, and expressed that FIA greatly appreciates the support of the National Fisheries Authority (NFA) as “the guard and regulator of our fisheries and tuna fleets.”

Pokajam urged all of FIA's retailers and global tuna markets to ensure a stable and sustainable tuna supply, aligning with the United Nations Sustainable Development Goals (SDGs) of food security.