The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 March 1994Vol. 64 No. 3

PNG confidence

p. 29 · Read in the full issue

Major resource companies from Aus tralia have reaffirmed their commit ment to increase their investments in PNG in future. Prime Minister Paias Wingti confirmed this after talks with resource companies in Melbourne last month.

Company executives who met with Winti included those from the mining, petroleum, finance, accounting and legal firms who have been operating in

Png.

Wingti said the confidence by the Australian companies was due to the stable political climate and to PNG’s institutions, legal syatem and parliamentry system of government. □