Private Sector Urged To Lead Expo Participation
The government is urging the private sector to take the lead for PNG when it participates in the Expo 2020 Dubai world expo event that will take place in October next year.
Speaking at the launching of PNG’s participation at the global event, Acting Secretary Department of Foreign Affairs and International Trade Elias Wohengu, was frank on the country’s current economic challenges in funding such an event that would be six months long.
He emphasised that it is through private sector support that the government takes the lead to promote the country. “We are reaching out to the private sector to partner with us as we take the step to potentially secure financing aspirations,” he said.
“Private sector involvement is critical in the manufacturing industry, the hospitality industry, it is time to showcase what PNG can offer, its uniqueness-we can also explore the niche markets that we have for our products.
“I would like to urge the private sector to partner the government and the Foreign Service to step up.” When asked about how much of a lead the private sector will take apart from the financing aspects, he maintained government oversight will still remain.
With the only concern of the expo coordination team consisting of key agencies in foreign affairs, treasury, PM’s Department, Finance, Planning and Attorney General’s Office being the number of private sector participants that will be allowed to take part.
“At this stage we are looking at involvement more in the private sector and not government. The government will provide oversight and we are looking at the private sector to take the lead.
“Obviously that is the very reason why we wanted the private sector to take the lead is because of the current economic constraints that we are facing. “We hope that they can take the lead and foot most of the bill.
“Of course we are hoping that there will be no restrictions on the number of participants from the private sector, especially our SMEs, and we hope that we can also encourage the large multinational corporation in the country, especially ExxonMobil and the others to take part as well.”
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