From September 23 to 27, 2024, the Australia-Papua New Guinea Business Exchange 2024 (APNGBX24) will take place in Papua New Guinea, bringing together industry leaders, government officials, and business representatives to explore and expand business opportunities in renewable energy, infrastructure, and construction. Hosted by Austrade in collaboration with the Department of Foreign Affairs and Trade (DFAT), this event is poised to strengthen economic ties between Australia and Papua New Guinea.
Running from 9:00 AM to 5:00 PM GMT each day, APNGBX24 will provide Australian companies with unparalleled access to the latest market insights and potential business partners in Papua New Guinea. The event is a collaborative effort, with key partnerships involving ANZ, Westpac, and the Chambers of Commerce in Lae and Port Moresby. These partnerships are crucial in driving economic growth and sustainable development in the region.
Papua New Guinea presents a growing market for Australian businesses, particularly in the sectors of renewable energy and infrastructure development. The country’s emphasis on upgrading its infrastructure and enhancing its energy grid to incorporate renewable sources aligns with Australia’s expertise in these areas. The APNGBX24 offers Australian companies a strategic platform to tap into these opportunities, providing pathways to collaborate on projects that are vital to PNG’s long-term development goals.
The demand for renewable energy solutions in PNG is driven by the country’s need to diversify its energy sources and reduce dependency on fossil fuels. This opens doors for Australian firms specializing in solar, wind, and hydroelectric technologies to introduce their innovations. Similarly, the infrastructure sector in PNG is ripe for investment, with numerous projects focused on improving transportation networks, urban development, and disaster resilience—areas where Australian engineering and construction firms have significant expertise.
The business exchange will feature a series of networking opportunities, round-table discussions, and presentations from speakers representing businesses operating in Papua New Guinea, as well as experts from ANZ, Westpac, DFAT, and Austrade. Attendees will benefit from direct access to Austrade and DFAT networks, which can facilitate new business connections and provide strategic pathways to partnerships.
Given the limited availability of spaces, interested delegates are encouraged to register early to secure their participation in this significant trade event. APNGBX24 is not just an opportunity to explore new business ventures but also a platform to contribute to the sustainable economic development of Papua New Guinea while strengthening trade relations between the two neighboring countries.
