BSP supports PNG Investment Summit

Friday June 2, 2017

The Papua New Guinea (PNG) International Business Summit will showcase Port Moresby as the city of focus for business and investment opportunities in PNG to the international business community come 22 nd to 23 rd August, 2017, in Brisbane, Australia

Sponsored once again by the Bank South Pacific (BSP) with a commitment of over K60,000, the Business Summit seeks to market PNG as an ideal business partner in various sectors including; petroleum, mining, agriculture, business and finance. Day One of the Summit will focus on investment projects in Port Moresby and its contribution to PNG’s economy, while Day Two will be more focused on APEC 2018.

One of the highlights of the Summit is a keynote address by Dr Simon Baptist, Global Chief Economist; Managing Director of the Economist Intelligence Unit, Asia. Dr Baptist will be one of many guest speakers at the event with names to be released over the coming weeks.

The theme for this year’s summit is “Port Moresby Future City “as the team focuses on promoting Port Moresby as a growing business hub in the Pacific and positioning itself for business opportunities.

CEO of POMCCI, David Conn commented: “We hope the Summit will attempt to chart the future of PNG’s capital city which will inevitably drive the development and business opportunities within the capital and the rest of Papua New Guinea. It will also weigh the importance of development of our capital versus other centres and rural areas in PNG.”

Group CEO, BSP, Robin Fleming said: “BSP sees the potential to generate many opportunities in the various sectors that it represents, especially the small to medium (SME) companies, where we provide the avenue to facilitate strategic alliances for future growth.”

“As the leading bank of the Pacific, we are pleased the be a part of this summit, as a sponsor and a presenter, supporting our Government, our economy and providing world class banking services and solutions for our people, from our corporate clients to our rural based customers,” Mr Fleming said.

He added that BSP is focused on supporting PNG’s Businesses and capital markets by providing innovative market solutions to investors interested in PNG and the South Pacific.

BSP has been the major sponsor of the event since 2010.

About BSP

Bank South Pacific (BSP) is an iconic and unique bank in Papua New Guinea and the Pacific, recognised for its strong commitment to the region. It is a major commercial banking and finance group with assets of approximately PGK20.8 billion.

BSP has the largest branch network in Papua New Guinea, Cook Islands, Fiji, Samoa, Solomon Islands, Tonga and Vanuatu with sub branches and agents in rural locations. The BSP Group employs 4000+ people across the Pacific and proudly supports the communities that we operate in, through Community Projects, Sports, Education, Health, Culture and Financial Literacy.

The BSP branch network is complemented by electronic banking networks that can meet the banking needs of all customers wherever they operate.

BSP’s unique strengths are:

  • 70+ Branches
  • 13 Premium Service Centres
  • 50+ Sub Branches
  • 350+ Agents
  • 500 ATMs
  • 11,000+ EFTPoS

BSP is proud of its banking capabilities whereby teams in Corporate, Retail, Paramount and Treasury are able to provide solutions to their clients, drawing on specialist capabilities and a broad presence. This capability is unmatched by its competitors. PNG and the Pacific is the home of BSP. BSP has local knowledge, history, experience and a commitment to the region that other financial institutes simply cannot match.

http://www.bsp.com.pg/About-Us/

FOR MORE INFORMATION ON BSP CONTACT:
Stephanie Waide | Manager – PR & Communications| Email: swaide@bsp.com.pg or Email:
PR@bsp.com.pg Gorethy Semi | Head of Marketing and PR | Email: gsemi@bsp.com.pg

About the 2017 PNG International Business Summit

The 2017 PNG International Business Summit will be held over two days August 22 and August 23 at the Brisbane Convention & Exhibition Centre.

A major theme of the Summit will be the evolution of the nation’s capital Port Moresby as an emerging city in the South East Asia region, and as a driver of economic development throughout Papua New Guinea.

Registration for the 2017 PNG International Business Summit is now open via www.pomfuturecity.com

Regular updates are posted on Facebook at www.facebook.com/pomfuturecity

The Facebook page has a growing footprint of over 5,000 followers.