Papua New Guinea
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PNG (Hong Kong, China) Chamber of Commerce to be officially recognised: Maru

The Papua New Guinea (Hong Kong, China) Chamber of Commerce (PNGHKCCC) will be officially recognised by the government of Papua New Guinea on October 15, 2023.

This arrangement was agreed on Monday by the Minister for International Trade and Investment, Richard Maru and the chairman of the PNGHKCCC Anthony Lai in Hong Kong, where Minister Maru and his delegation met with the executives and the members of the chamber.

PNGHKCCC was established in 2019.

This is with the objectives of becoming an information bank and promoter of PNG in Hong Kong, to help build business-to-business and people-to-people relationship between Hong Kong and PNG, and to set the foundation for special economic zone (SEZ) development in PNG through bilateral technological skills transfer schemes.

“During the welcome dinner on October 15, Prime Minister James Marape will be invited to formally give the PNG (Hong Kong, China) Chamber of Commerce an official Certificate of Recognition by the government of Papua New Guinea.

This will mean the chamber is officially recognised by our government and the country as the official body that will represent Papua New Guinea in Hong Kong,” Mr Maru said.

He asked the executives and the members of the PNGHKCCC to get behind the PNG government and the PNG Chamber of Mines and Petroleum to host the inaugural PNG-Asia Investment Conference.

Mr Maru and his delegation also visited Regent Hotel, which had been confirmed as the venue where the conference will be held.

“This will be the first time for us to host such a conference out of Australia, and it will be the start of a new journey between Papua New Guinea and China.

“China exports about K1.5 billion worth of goods to Papua New Guinea annually and we export up to K5 billion worth of goods to China every year.

“These figures indicate that China is becoming the most important trading partner of Papua New Guinea,” Mr Maru said.