PNG-Fiji Business Council Targets SME Cross-Border Investment
What happened
The Papua New Guinea-Fiji Business Council is working to help members find business partners, enter new markets, and secure investment in the region. Council patron Mahesh Patel stated that the council would build a database to connect businesses in Papua New Guinea and Fiji, specifically targeting small and medium enterprises. The council president emphasized that the organization should produce practical outcomes for its members rather than simply holding meetings.
From thenational.com.pg
Why it matters
The council aims to facilitate cross-border investment and SME growth between the two nations. By creating a platform for businesses to identify potential partners in the other country, the initiative seeks to streamline market entry and secure funding for small businesses.
A business council meeting between Fiji and Papua New Guinea is advocating for increased SME growth and cross-border investment.
From thenational.com.pg
Who's involved
- Papua New GuineaGeopolitical state whose SMEs are targeted for opportunities in Fiji.
- FijiGeopolitical state where the council facilitates market entry and investment.
- Mahesh PatelPatron of the Business Council who encourages SMEs to use the platform.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Papua New GuineaSpeculative
Small and medium enterprises in Papua New Guinea could potentially increase exports to Fiji by using the council's partnership database.
- FijiSpeculative
Businesses in Fiji could potentially increase investment in Papua New Guinea by utilizing the council's network for identifying opportunities.
Keep exploring
The entities involved
-
Papua New Guinea
country in Oceania
-
Fiji
island sovereign state in Oceania
-
Mahesh Patel
researcher (ORCID 0000-0002-5128-4061)
Nothing else this week.
Related events
- Fiji brought trade to a Port Moresby expo aimed at strengthening commercial ties between PNG and Fiji.
- Navin Patel advocated for faster government approvals in Fiji, coinciding with the listing of Vision Investment Limited on the South Pacific Stock Exchange.
- Kiribati MP Ruth Cross Kwansing and SPC Human Rights director Miles Young discuss Fiji's position on the Paris Agreement.
- TotalEnergies is expanding its network in Fiji through local partnerships.
- PNG government policy and development goals are being represented, with Lae serving as a key location for university grants.