...................die heutige News mal etwas genauer unter die Lupe zu nehmen.
"The lunch was hosted by Sir Rabbie Namaliu,......."
Rabbie ist ein BCL Board Member u. ein EX PNG PM. (U. kein mehrfach wegen Betrugs vorbestrafter wie.....na ihr wisst schon ;-)))))))))))
12.09.2011
Source: The National
PM assures security for investments
PRIME MINISTER Peter O’Neill has assured foreign investors, especially in the mining and petroleum sector, that government will not create insecurity, political risk or threaten foreign investment with expropriation.
“Let me reassure you that the goal posts have not been shifted and relocated because the playing field remains the same and shall be maintained that way for the foreseeable future,” he said during a business luncheon.
The lunch was hosted by Sir Rabbie Namaliu, Frank Kramer and the team from Kramer Ausenco and Norton Rose, last Friday in Brisbane, Australia.
O’Neill was referring to statements made by his ministers pertaining to the various equity and ownership positions, stating that these were some negative signals made since his government took office.
O’Neill said he had cautioned his ministers and state-owned corporations involved in the mining and hydrocarbon industry, to stop giving misleading signals to foreign investors.
He said the government was not about making life difficult for foreign investors who had invested millions of dollars in the exploration phases and later develop emerging world class mining and hydrocarbon industries in PNG.
“My government respects the commitment of foreign investment companies that have been loyal to PNG in both good and bad economic times PNG has faced since the early 1990s,’’ he said.
“We welcome new foreign investment initiatives in our mining and petroleum sectors.
“However, we would like to see that new and returning investors respect those that are already operating in PNG,” the prime minister said.
O’Neill said government believed in being predictable and forthright in its dealings with all foreign investors in PNG’s various natural resource sectors.
“This is not the time to destabilise mining and petroleum industry developers and investors with a law designed to compromise or reduce their present respective equity position.
“The applicable laws have not changed.
“Changes may and will occur in the future but they will have to be driven by a win-win formula for all stakeholders in a predictable manner.”
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