PNG seeks UAE capital and technology as Papua New Guinea intensifies efforts to attract foreign investment and advanced systems from the United Arab Emirates. Prime Minister James Marape presented the proposal during meetings in Dubai with UAE leaders, including Sheikh Mohammed bin Rashid Al Maktoum. The discussions focused on strengthening economic and commercial cooperation between the two countries.
The government outlined its intention to position Papua New Guinea as a destination for UAE investors. Priority areas included manufacturing, technology development, and expanded trade connections.
PNG Seeks UAE Capital and Technology for Trade Expansion
PNG seeks UAE capital and technology to improve access to global markets. Marape highlighted Papua New Guinea’s geographic position near Asia and the Pacific region. He stated that this location offers trade advantages for companies seeking entry into fast-growing markets.
The talks emphasized the role of private sector partnerships. UAE businesses were encouraged to explore investment opportunities within Papua New Guinea. The government highlighted export potential and the benefits of closer commercial ties.
Marape said Papua New Guinea exporters could use the UAE as a gateway to broader Middle Eastern and international markets.
PNG Seeks UAE Capital and Technology Through Business Cooperation
PNG seeks UAE capital and technology by leveraging the UAE’s strengths in logistics, finance, and global trade infrastructure. The discussions included promoting business-to-business engagement and investment frameworks to support long-term cooperation.
Papua New Guinea officials pointed to the UAE’s established trade networks as a potential benefit for domestic industries. The meetings explored ways to increase commercial presence and joint ventures.
Previous PNG–UAE Economic Engagements
PNG seeks UAE capital and technology as part of an ongoing diplomatic and economic strategy. Previous engagements between the two countries included discussions on formal agreements. These included a Double Taxation Agreement, Investment Promotion and Protection Agreement, and Air Services Agreement.
Earlier talks also covered export development and market access initiatives. Papua New Guinea has continued outreach efforts to diversify trade partners and attract foreign direct investment.
The current Dubai meetings were linked to broader international forums focused on innovation, investment, and economic development. The government indicated that these engagements support technology transfer and expanded trade relations.
Source: https://news.pngfacts.com/2026/02/png-seeks-uae-capital-and-technology-in.html#google_vignette