3 Mar 2014

Chamber of Commerce optimistic with where PNG's heading

8:22 pm on 3 March 2014

The vice president of the Port Moresby Chamber of Commerce, Ken Dunn, says there's no doubt Papua New Guinea is moving forward.

Mr Dunn says he's not surprised by a report released by the Asian Development Bank last week, which found a steady improvement in the business environment.

The report was based on responses from 130 firms surveyed by the PNG Institute of National Affairs and also found that law and order and a lack of infrastructure were the two major impediments to business.

Mr Dunn says the government is making efforts to address those two areas, and major events coming PNG's way, will increase development.

"We've got a number of events coming up. The South Pacific Games in 2015 which is creating a lot of infrastructure development in Port Moresby specifically and of course the APEC conference [in 2018] which will take development to a different level just because of the nature of the event itself."

The vice president of the Port Moresby Chamber of Commerce, Ken Dunn.