APEC will bring more opportunities for PNG

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02:01

“I think APEC is going to bring a lot of opportunities for PNG to the future,” said Bernard Kipit, city manager of Port Moresby, on Papua New Guinea's historic hosting of Asia-Pacific Economic Cooperation meetings.

“We are taking this opportunity to show the world how we can connect together and how we grow and develop in the future.”

CGTN reporter Li Tianfu interviewed Kipit, who oversees the PNG capital, on November 16. In the interview, he shared his opinion on what benefits the APEC meetings can bring to the country.

“When we expose ourselves with other APEC economies, there will be interests in business investments, just like what the Chinese government did with direct investment support,” Kipit said.

He encouraged APEC economies to invest in PNG sectors like manufacturing, mining, agriculture, commerce and IT.

APEC, an Asia-Pacific economic forum, has 21 member economies. It aims to boost regional prosperity by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating economic integration.

Papua New Guinea is hosting the 26th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting from November 12-18.

The theme of this year's event is "Harnessing Inclusive Opportunities, Embracing the Digital Future."

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