02/08/2025
So much promise has been dished out by successive governments since independence for protection of businesses reserved for Png nationals. There is so much rhetoric without teeth.
One of this is:
Yes, security services are listed as a reserved activity for Papua New Guinean citizens.
The government, through the Investment Promotion Authority (IPA), has a Reserved Activities List (RAL) that identifies business sectors and activities exclusively for citizen-owned enterprises. This policy is a key part of the government's strategy to promote local participation and empower small to medium-sized enterprises (SMEs) in the country.
The list of reserved activities, which was expanded in 2022, explicitly includes security firms and other related services. This means that foreign-owned businesses are generally not permitted to operate in this sector. The purpose of this regulation is to protect local businesses from foreign competition in areas where citizens have the capacity and skills to operate.
There mushrooming of foreign owned security firms owned and operated by foreign owned companies. What is the government and it's agency namely IPA doing about it. Wake up governments, you preach about creating RICHEST BLACK NTION OF THE WORLD . To fulfill this dream!******!, you have to TAKE BACK PNG. Otherwise this ambitious slogan remains a dream only for generations. Just become second class citizens in your own country. Wake up Richard Maru, I remember vividly when you first came as minister of trade and industry you promised you have the list for businesses listed for png citizens only and you promised to uphold it. After so many years since you held the position you are in now, what have you done. A DREAM ONLY AS OTHER SLOGANS OF THIS GOVERNMENT?
