KEY QUESTIONS FOR INVESTORS IN PNG
by PAUL FLANAGAN Following are three key questions which potential investors should be seeking answers for at the PNG Investment Conference being held in Sydney on 7 and 8 September. First, what are my peers doing? While a good business investor will be open to finding a niche market with great potential, it is relevant to know what their investment peers are doing. There was a rather disingenuous Bloomberg article last week titled “Australia Would Rather Invest in Papua New Guinea Than in China” – see here. A more comprehensive set of figures, based on total Australian investment in these countries is shown in the graph below. [Source: Australian Bureau of Statistics Catalogue 5320 Table 5 issued 10 May 2017.] Three key elements. First, one should consider more than just direct investment. This dominates the PNG picture but is a much, much smaller element than in China where investment options are much more diversified. Second, investments in Hong Kong are also rele