11 Nov 2014

PNG PM emphasises infrastructure for growth

8:07 pm on 11 November 2014

Papua New Guinea's Prime Minister has told APEC partners that his plans for growing PNG's economy hinge on infrastructure development.

Peter O'Neill has attended the APEC Business Advisory Council Leaders Dialogue in Beijing.

The dialogue, which comes ahead of the main APEC Leaders' summit, is a forum of senior business people from each APEC Member country to discuss challenges in business, trade and investment in the Asia-Pacific Region.

Mr O'Neill says one of the main areas explored was infrastructure and connectivity in which a lot of members face common challenges.

Leaders of the Asia Pacific Economic Cooperation organisation meeting in Vladivostok.

Leaders of the Asia Pacific Economic Cooperation organisation meeting in Vladivostok. Photo: RNZ

The Prime Minister says he spoke about his desire to build PNG's economy on the back of infrastructure development.

"And the infrastructure investments that we are making today is also similar sort of investments that other countries and the economies of APEC region do so. So it is important that we continue to stay focussed on that, and continue to work hard so we can maintain the growth that we have."

Peter O'Neill