8 December 2025
Pomaleu Pushes for Economic Transformation
8 December 2025
Chief Secretary Ivan Pomaleu calls for a strategic pivot of non-renewable resource revenue into sustainable sectors, urging investors to view Papua New Guinea as a reliable, long-term partner for growth.
In a keynote address, Mr Pomaleu outlined the government’s vision for achieving national development aspirations by 2050, emphasizing that long-term sustainability hinges on redirecting wealth from mining, oil, and gas.
The Chief Sec added, “Revenues must be “strategically channeled” into sectors like agriculture, fisheries, forestry, and tourism to support and feed the population after non-renewable resources are exhausted.”
Pomaleu reaffirmed PNG as an “open, predictable, and high-growth investment destination,” noting the nation’s five decades of honoring resource development agreements, which reflects the strength of its legal system and democracy.
Investors were reminded of PNG’s immediate access to fast-growing Asian markets and its unique, negative carbon footprint operating environment.
On the Investment theme the Chief Secretary stressed that the theme, “Stronger Together: Investing for the Future,” mandates “inclusive partnership, long-term capital, and collective resolve” to transform the economy over the next half-century.
Mr Pomaleu encouraged attendees to actively engage with regulators during the sessions, concluding, “Government is here not just to speak, but to also listen.”
Read more in your Post Courier Newspaper on Tuesday – December 09, 2025.
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Have questions?
Our friendly team is here to guide you every step of the way. Simply email us at events@pngcore.org for personalised support and a smooth registration experience.