Investment Incentives Investors willing to explore business opportunities in Papua New Guinea have available to them numerous incentives to assist in their investment decision-making. The government has a range of direct and indirect taxation based incentives for large and small proposals. The international treaties, agreements and pacts which give Papua New Guinea manufactured goods preferential access to various export markets, including duty free and reduced tariff entry to some of the largest markets in the world, for example the European Union (EU) under the Cotonou Agreement. The labour market has been deregulated, offering employers and employees the opportunity to ensure productivity and wages remain in step with one another.
Posted on: Thu, 13 Feb 2014 05:58:46 +0000
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