Our Work
OUR 5 YEAR PLAN | 2022 - 2027
The 4 Pillars
Emotion vs. Merit
The momentum for active participation of citizens in the economy will be a key feature. Preferential treatment, reserve activities and financial support services will be the focus. The G2B engagement must strive to ensure sound models of local content promoting measured outcomes to prevail. This will engender meritocracy as a pillar of development.
Analog vs. Smart
Signaling the digitization of government services is welcoming news. This will alleviate the bottlenecks in regulation so the market can carry on developing the nation. The G2B engagement must lead in driving the financial technology and big data applications as well as other emerging technologies as they have the potential to accelerate growth.
Red Tape vs. Deregulation
Papua New Guinea will continue to be outperformed by other economies due to its increasing regulatory environment. This has resulted in large compliance divisions, cautious expansions and ultimately abandoning investments. The G2B engagement must collaborate to identify sectors that are able to self-regulate so as to encourage investments and growth in their ventures.
G2G vs. G2B
The G2G investments by the West and China are set to proliferate and this will bring must needed investments on key supply chain routes and rehabilitating core utilities. The G2B must ensure standards prevail in these critical infrastructure projects and related safeguards protect citizens and businesses using them.
The Big 3
Unfinished 2017 Business
G2B collaborations has advanced 8 reform programs. They now need to be embedded in the modelling systems of the respective Government institutions to accelerate growth.
Smart Digital Government
G2B collaborations are advancing affordable internet and digital Government services. These activities are transformational and must remain high on the agenda.
Geo-Politics
Aligning the G2G investments to PNG’s national development agenda is THE priority. Militarization and issues beyond trade and investment are contrary to development aspirations.
NEWSROOM
PM Marape Announces Major Tax Reforms to Boost Investment and Economic Growth
February 27, 2025
Port Moresby, Papua New Guinea, February 4, 2025 – Prime Minister James Marape has announced a bold tax reform strategy aimed at fostering investment, increasing consumer spending, and driving local industry growth. The reforms will take effect once Papua New …
BCPNG President Susil Nelson-Kongoi’s Speech
February 26, 2025
On behalf of the President and Executive of the Business Council, welcome and thank for your support and attendance at the 5th ‘Back to Business’ breakfast. A specific acknowledgement to the Prime Minister James Marape, for his 8th attendance at …
More collaboration needed between GoPNG & private sector
February 26, 2025
This article was originally published by the Post-Courier on 5, February 2025. Read the original article here. The Annual Prime Minister’s Back to Business Breakfast, is an initiative of the Business Council of Papua New Guinea (BCPNG), was successfully hosted …