ANZ backs PNG trade mission

ANZ Cheque

ANZ Fiji head of corporate banking, Rakesh Ram (left) hands over a cheque of $10,000 to the Permanent Secretary for Industry and Trade, Shaheen Ali, as ANZ’s sponsorship for the Papua New Guinea Trade and Investment Mission next week.

ANZ Fiji has come on board to help sponsor Government’s Trade and Investment mission to Papua New Guinea next week.

ANZ Fiji head of corporate banking, Rakesh Ram, yesterday handed over a cheque of $10,000 to the Permanent Secretary for Industry and Trade, Shaheen Ali.

Mr Ali said the sponsorship money will go specifically towards the trade and investment dinner that would be hosted by the Prime Minister Commodore Voreqe Bainimarama in Port Moresby.

The chief guest for the dinner would be the Prime Minister of Papua New Guinea, Peter O’Neill.
“We are glad that ANZ is also part of the business delegation led by the Prime Minister and glad they have come forward to be a sponsor of the mission,” he said.

“Part of the sponsorship agreement, the ministry has agreed to give ANZ a booth.

“We will ensure the ANZ is given due recognition and exposure and acknowledgment at all the trade and investment events such as the seminar and dinner.”

The trade and investment mission on April 17 and 18 coincides with Commodore Bainimarama’s state visit to Papua New Guinea.

Mr Ali further confirmed that 80 private sector representatives from 40 to 45 companies in Fiji will be part of the trade and investment mission next week.

“Papua New Guinea is a vital partner to Fiji and with this trade and investment mission, we expect business, trade and investment between the two countries to be further enhanced,” he said.

Business opportunities

Mr Ram said Papua New Guinea’s economic growth had created a field of opportunities for business and investment for both Papua New Guineans and Fijians.

“ANZ is respected for having deep understanding of the local market in Fiji and Papua New Guinea,” he said.

“We welcome the opportunity to work closely and constructively with regulators, government representatives and the business communities.
“We look forward to helping the business community capture and harness the growing trade and investment opportunities with Papua New Guinea.”

(Source: Fiji Sun)