BANK South Pacific has given K60,000 toward the staging of the Papua New Guinea International Business Summit, which will be held in Brisbane, Australia, from August 22-23 this year.
BSP has been the major sponsor of the event since 2010.
The 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.
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’.
BSP Group chief executive officer Robin Fleming said: “BSP sees the potential to generate many opportunities in the various sectors that it represents.”
“Especially the small to medium companies (SMEs), where we provide the avenue to facilitate strategic alliances for future growth and development .”
“As the leading bank of the Pacific, we are pleased to 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.