BOUGAINVILLE UNVEILS ECONOMIC TASK FORCE

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PORT MORESBY, Papua New Guinea (PNG Post-Courier, August 2) - Bougainville Governor John Momis has announced the establishment of the Bougainville economic task force.

"While a lot of progress had been made in laying the foundations for the establishment of the autonomous Bougainville government through the peace process, it is now time to focus our attention to get the province moving again with business activities, which would provide employment opportunities and challenges and prosperity for the people of Bougainville," Momis said in a press statement yesterday.

He said autonomy without a broad based economy is not a real autonomy.

"Bougainville has come a long way but needs to do a lot more to develop and strengthen its revenue base so people can enjoy real sustainable living as a result of enhanced economic development," Momis said.

He said there was a lot of work to be done among others as stipulated in the terms of reference for the economic task force, which includes:

The Governor also said law and order problems were real impediments to businesses in Bougainville.

Because of this, he has appealed to leaders and communities to address these problems in order to create an environment conclusive to the promotion of businesses and foreign investment on Bougainville.

Momis will shortly finalize appointments of people who will be in the task force.

The task force will consist of people with skills in business development issues.

"It is important that we have the right mix of people with private sector experiences as well as those skilled in policy formulation," Momis said.

August 3, 2004

Papua New Guinea Post-Courier: www.postcourier.com.pg/

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