Papua New Guinea vulnerable to resource curse EM TV Resource News | Friday, 12 Dec By Hera Hoi – EM TV Online Following the Prime Minister’s invitation to foreign investors at last week’s Mining and Petroleum Investment Conference, the UN is urging for a ‘cautious and planned approach’ when bringing foreign investments into the country. The conference saw 1,400 delegates gather in Sydney to discuss prospects, showcase existing projects and plan future investments. While enthusiasm came from many analysts, exploration companies, our government and other stakeholders for the future of PNG’s mining industry, the conference was described by the Pacific Network on Globalisation (PANG) as “encouraging investment in destruction.”...
Posted on: Fri, 12 Dec 2014 10:02:30 +0000