By Theckla Gunga – EMTV News, Port Moresby
The Government’s National Reforms in 1995 was identified as a contributing factor, to the deterioration in the execution of public service duties.
While the high cost of telecommunication, electricity, and transportation has been identified as factors affecting the efficiency of running businesses in Papua New Guinea.
These points were raised by Northern and East Sepik Governors, respectively.
These points were highlighted by Governor Gary Juffa and Governor Allan Bird during the panel discussion at the National Speaker’s Summit held in Port Moresby.
They are in response to a presented conducted by the Investment Promotion Authority on investors in Papua New Guinea.
In the last two years, China, Australia, Malaysia and South Korea have been identified as the highest investors in Papua New Guinea.
Much of what comes in as investors are used in Port Moresby, Madang, Morobe and Southern Highlands, that is according to IPA records.
Thus the discussions are aimed at identifying opportunities and challenges governors can build on to improve economic growth in their province.
These challenges include the high cost of business and ways forward to empowering local farmers to develop the agriculture and livestock sector.