The 40th Australia-Papua New Guinea Business Forum and Trade Expo concluded in Port Moresby with a renewed commitment to shaping future trade and investment between the two countries. Held from 23 to 25 June at the Stanley Hotel under the theme “Securing the Future of Investments – Stori Bilong Yumi – From Shells to Artificial Intelligence”, the milestone event brought together 232 delegates including 44 from Australia and several from New Zealand and the Pacific Islands.
Opening the Forum, Business Council of PNG President Susil Nelson-Kongoi described it as the longest-running initiative promoting Australia-PNG ties, urging continued cooperation, likening it to the Kumul bird needing both wings in balance to thrive.
PM Hon James Marape spoke exclusively with APNGBC ahead of his address at the Forum. Click picture to watch video.
Prime Minister Hon. James Marape and Australia’s representative Charlotte Blundell highlighted the deep-rooted relationship and the importance of enhancing economic growth through trade, investment, and shared values. Australian Minister for Pacific Affairs Hon. Pat Conroy reinforced this by outlining Australia’s annual $800 million development support, with additional strategic investments such as the $600 million National Rugby League partnership.
Australia Papua New Guinea Business Council President Vaughan Mills said, “Our ambition should be nothing less than transforming the Pacific region into a hub of innovation, resilience, and inclusive prosperity, with Australia and Papua New Guinea leading by example.
“As we look to the future, let us recommit –governments, businesses, and civil society– to deepening our commercial ties, strengthening our people-to-people links, and ensuring that every dollar of growth translates into real opportunity for communities on both sides of the Torres Strait.”
A panel discussion in progress
Panel discussions across the two days explored opportunities in digital agriculture, smart farmer tools, sustainable resource management, and the integration of ESG principles. SOEs such as PNG Power and Air Niugini presented reform updates, while mining and petroleum leaders raised concerns over skill shortages and outdated regulations.
Technology and climate finance emerged as key themes, with calls for better digital infrastructure, AI in healthcare, drone use, and clearer pathways to green funding. Encouragingly, more PNG businesses are adopting ESG frameworks, building investor confidence.
Transformation initiatives in regions like Hela and the Southern Highlands showcased how public-private partnerships are improving health, education, and infrastructure.
In his closing remarks, Mr Mills invited delegates to reconvene in Australia for the 41st Forum, reinforcing a legacy of collaboration that continues to evolve from traditional exchange to tech-driven transformation.
