Papua New Guinea's (PNG) business relationship with China is moving ahead in "leaps and bounds", according to PNG Minister Responsible for Asia Pacific Economic Cooperation (APEC) Justin Tkatchenko.
"Over the last six or seven years, the China-PNG relationship has grown extraordinarily," he recently told Xinhua in an exclusive interview. "We've already got most of the biggest Chinese companies here already, investing huge amounts of money. time and effort…looking at opportunities for new projects and new investment."
"The relationship that we have together is a perfect working relationship when everybody's working for one aim and one goal and that is to have mutual benefits all round, not just for China, not just for PNG, but for the region," he said.
With PNG gearing up to host the APEC Economic Leaders' Meeting in November, a massive Chinese-led infrastructure boom already underway and direct flights from Shanghai set to take off before the end of the year, Tkatchenko believes China will have a "big role" to play in the long term growth of PNG.
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