PNG seeks more Asian investment via conference in Hong Kong

STORY: PNG seeks more Asian investment via conference in Hong Kong DATELINE: Oct. 17, 2023 LENGTH: 00:01:12 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Papua New Guinea (PNG)-Asia Investment Conference 2. SOUNDBITE 1 (English): RICHARD MARU, PNG's Minister for International Trade and Investment 3. SOUNDBITE 2 (English): ANTHONY SMARE, President of PNG Chamber of Mines and Petroleum STORYLINE: The Papua New Guinea (PNG)-Asia Investment Conference began on Monday in Hong Kong as the Pacific island country seeks more investments from Asian countries, especially China. In an address at the opening of the two-day conference, PNG Prime Minister James Marape said PNG is a country that features the rule of law, honors agreements with investors and is abundant in opportunities for investment. He is optimistic about Asian economies' growth potential, which fuels opportunities in commerce, trade and people-to-people exchanges. The conference features sessions introducing investment opp