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

BCPNG Business Survey – Jan 10 2024 Looting in PNG

February 16, 2024

The information presented in this report is based on data gathered from an online survey conducted by the Business Council of PNG (BCPNG) in collaboration with PwC, from 16 January to 22 January 2024. Therefore, the findings are only reflective …

Business Council of PNG Announces Appointment of New President and Board Members

November 17, 2023

The Business Council of Papua New Guinea (BCPNG) hereby announces the appointment of newly elected executive board members including the President-Elect. The appointments were done at the Annual General Meeting held on Thursday 16th November 2023. The newly appointed Business …

The Memo – Issue No 4

May 17, 2022

ACP Promotion Portal creates a strategic avenue for local Investment Projects to attract Foreign Direct Investment. The Investment Promotion Authority (IPA) recently received technical support from the United Nations Industrial Development Organization (UNIDO) with the European Union (EU) funded programme …

The Memo – Issue No 3