PAPUA NEW GUINEA BUSINESSWEBINAR 2020
The Investment Promotion Authority’s Roleand Investment Opportunities in PNG

17 JULY, 2020 USING ZOOMPRESENTATION OUTLINE• IPA - Structure & Overview• What we do•Investor Servicing and Promotion Division•IPA’s networking with PTI/PIC•Investment Trends by Value, Sector and Province•Conclusion

Establishment of IPA
IPA established by an Act of Parliament(Investment Promotion Act 1992) topromote and facilitate Investment (bothin and out of the country) that willamongst other things:(i) Contribute to economic growth &development;(ii) Create employment;(iii) Assist in Skills Acquisition & Transferof Technology; and(iv) Increase volume and value of exports &promote import replacement.
WHAT IS THE ROLE OF THE IPA?
•The IPA has been mandated to promote and facilitate
both inward & outward investment in Papua NewGuinea.
• It does this through various programs and services
which make up the divisions of the Authority as
indicated in the Organizational Structure and include:• the establishment and maintenance of acompany/business registry• certification of foreign enterprise,WHAT IS THE ROLE OF THE IPA?
cont….
• promotion of investment opportunities inPNG,•identification of markets for PNG exports and• dissemination of investor- related
information about PNG.

IPA CORPORATE STRUCTURE
Minister
IPA Board
Managing Director
Executive Services Unit

Investor
Servicing andPromotion
Division

Securities
Commissionof PNG

Business
Registration &Certification
DivisionIntellectualProperty
Office of PNG

Corporate
ServiceDivision

IPA BOARD COMPOSITION
The IPA is governed by a Board comprising:-Head of Commerce and Industry Department;
Head of Finance and Planning Department
Two nominees from PNG Chamber of Commerceand Industry
One nominee from the Rural Industries Council;
One nominee from the Chamber of Mines andPetroleum;
One nominee from the Small BusinessCommunity;
Two Ministerial Nominees
The Managing Director who is the ex-officio.

Investor Servicing and Promotion
Division
Investor Servicing and Promotion Division Key Business Units

Investment
Promotion
Unit

Research &Information
Unit

Marketing& Export
Promotion
Unit

PublicRelations
Unit

Investor Servicing & Promotion Division
The Division is the face of the Investment Promotion
Authority. It is charged with the responsibility ofinvestment promotion, facilitation and Aftercare. Thedivision also has responsibility over the export promotions,research and information functions of the Authority to;
1. Inform the business community about investment
opportunities in Papua New Guinea, and the export
markets available overseas for PNG exports.
2. To facilitate business introductions through thegrowing database of domestic and overseas investors.
3. Promote aftercare service and advise to foreigncompanies and businesses.

Networking with PTI (+PIC) offices

The IPA through the Investor Servicing and Promotion
Division has a good working relationship with all thePacific Trade Invest (PTI) offices around the world
including PIC, we have been facilitating the offices
through;
1. inbound trade and investment missions
2. outbound trade investment missions
3. Export promotion to attend specific expositions and4. B2B and B2C trade facilitations

Investment Trends
by Value, Sector and Province
Between 2009-2019:• 59 Japanese FDI approved applications• Japanese total proposed investment value (inKina) in 2009 was about K1.2 billion whereas in2018 the total proposed investment value wasK286,754.00• Japanese investment are mostly in the Mining &Petroleum, Construction, Architectural andEngineering, Business Management andConsultancy sectors.
• Few investments in Energy, Fisheries,
Manufacturing and Real Estate sectors.
• Most Japanese investments are located inNational Capital District and Morobe Province

Investment Profile by Provinces

Conclusion• IPA is the first point of contact for businessand investment in PNG.
• Investment opportunities are in abundance inall sectors of the PNG economy.
•IPA prepared to continue work with PIC topromote trade for PNG Products e.g. FOODEX
Japan and other related events including
Investment missions both in Japan and PNGgoing forward.
• We would also like to forge our working
relationship with UNIDO going forward into thefuture.

CONTACTS
Our Key Contacts for Investor services and Promotion
Division are as follows;
Mr. Daroa Peter – Director
Email: daroap@ipa.gov.pg• Investment Promotion Unit:
Mr. Kamis Yalakun – Manager
kyalakun@ipa.gov.pg• Marketing and Export Promotion Unit
Ms. Daure Kiromat – Manager
Email: dkiromat@ipa.gov.pg• Research and Information Unit
Mr. Michael George
Email: mgeorge@ipa.gov.pg

Thank you very much!

Clarence HootManaging Director

Email: clarence@ipa.gov.pg