Business News

Security Industry in PNG Booming

by Quinton Alomp – EM TV, Port Moresby

Security Industries Council Chairman, Gary Baki, has described the security business sector in Papua New Guinea as a “booming Industry.”

Currently there are 692 security firms in operation. However, only 462 are registered companies, while 230 are not registered and are operating outside the law.

Mr Baki said tougher penalties will be imposed on the unregistered firms.

The value of security industry in the country stands at K1 billion. The 462 firms employ over 30,000 guards. Many of them are semi trained or untrained.

With the demand for security personnel, including static guards, escort services and dog handlers, this industry is financially growing rapidly with minimal focus on developing human resource.

Guard Dog Security Services Limited General Manager, Peter Aigilo, said security companies have been seen as “a dumping ground” for nationals who cannot secure other employment.

Aigilo, a former police commissioner, said however security firms are now trying to train guards using approved syllabus by Security Industries Authority (SIA).

Under a new contract, signed today, all registered security companies will be sending their guards to be trained by three major firms, Guard Dog, G4S and Black Swan International.

This training will allow guards permit to work as a guard.

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