THE Autonomous Region of Bougainville (AROB) is open for investment to Solomon Islands and other countries.
The Ministry of Commerce, Trade, Industry and Economic Development of the Autonomous Bougainville Government, in a statement issued on 2nd May 2023, stated that AROB is open to business and trade mission establishment.
Vice President and Minister for Commerce, Trade, Industry and Economic Development Patrick Nisira said his ministry is more than happy to introduce Bougainville again to the rest of the World that the autonomous province is open to business.
“Let me announce again, we are open for other countries to establish their Trade Offices in the Autonomous Region of Bougainville.
“In reciprocation, we will be also setting up our Trade and Investment Offices in those countries to promote Bougainville at the global stage.
“The government will endeavour to offer necessary resources but we will still require necessary resources from our partners to realise our vision,” Vice President Nisira said.
“As a government, we are talking with our International Counterparts setting up Trade and Investment Offices overseas soon.
“We are talking with Australian, China and Solomon Islands partners to establish trade missions.
“We extend an invitation to these countries and other countries – Czech Republic, South Korea, Japan, France, Germany, Malaysia, Indonesia and UAE – to consider Bougainville as a trade and investment destination to do the same in establishing missions in Bougainville as well.
“We will follow the footsteps of successful countries in the world to make Bougainville safe and secure for investment, and for the people to have a harmonious lifestyle,” he added.
“Bougainvilleans are peace-loving people in the Pacific, we will have a strong focus on maintaining peace and a law-abiding environment to provide investors and communities alike confidence to build and grow.”
“We also have potential sectors for investment in Bougainville including agriculture, minerals, fisheries, and high value fish farming for exports, high value crops for pharmaceutical industry, mining, tourism, and construction and service industries respectively.”
“We aim to create inclusive, sustainable economic growth, encourage regional and international cooperation, promote good governance, and improve on what we do,” Vice President Nisira further added.
By WILSON SAENI in Auki