Consider investing in Fiji, PNG businesses told
20 July, 2018, 4:00 pm
SUVA, 20 JULY 2018 (POST COURIER) – The call for free-trade with Fiji is gaining traction with more Papua New Guinean companies moving to invest substantially in Fiji’s stable economy.
Likewise, Fijians are encouraged to invest in PNG given its broad-based economy riding on rich mineral and petroleum projects and abundant agricultural potential.
Former long-time PNG resident, Sally Napolioui, who also runs her own business in Fiji, said she is excited to see more PNG companies investing in Fiji and likewise.
Napolioui made the remark when congratulating Gabriel Andandi, the owner and director of Norman Finance- a newly established company in Suva.
She spoke to invited guests from Fiji and PNG including the acting managing director of PNG Investment Promotion Authority (IPA), Clarence Hoot, representatives from the PNG High Commission, invited guests from Fiji and the local media.
“We are happy to see Papua New Guineans coming to Fiji and invest and I am so proud of Andandi. I encourage more Melanesians to do business together,” Napolioui said.
She also said more Fijians are now doing business in PNG and encouraged more to invest in PNG to strengthen the business and trade bond between the Melanesian countries.
Hoot, who was the guest speaker, conveyed the IPA directors and the minister’s praise for the overseas investment and said the bold stand taken has fulfilled the true spirit of Melanesian Spearhead Group.
“IPA assists and encourages SME (small to medium enterprises) to grow and expand. To launch Norman Finance in Fiji is absolutely encouraging and we would like to congratulate Andandi,” Hoot said.