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THE REPORT: PAPUA NEW GUINEA 2012

MOU PRESSRelease

Post Courier

Thursday 8th December, 2011

IPAand OHa tocQ-publish PNG report----,.. ,-. -- -'~ -"""""",;;,;;:;::;;;:;:au_, '-. -- - :__ - -/"-:;,,--:$':'=,- ,."t'''''!iIf

IPA managing director, Ivan Pomaleu, country director of Oxford Business Group, Annie Mlchailidou and Oxford Business Group editorial man-3ger Marc-Andre de Blois posing with reports that the OBG has done on other countries. Picture: TARAMI LEGEI

TIlE Investment Promotion Authority (IPA)has signed a Memorandum of Understanding(MoU)with Oxford Business Group (OBG) to co-publish a magazine called 'The report: PapuaNew Guinea 2012'. -At the signing yesterday, IPA managing direc-tor Ivan Pomaleu said it was only a month agothat IPA formalised an agreement with PostPNG with similar. intentions for partnershipand networking,"The Report is a prestigious publication wide-

ly read globally and will in many ways assistthe IPA in highlighting investment opportuni-ties in PNG, abroad," he said."Every business intelligence report is based

on in-country research conducted over an av-" .

erage of six months by experienced analysts,"he said, adding that OBG's consultancy divi-sion produces tailor-made reports, feasibilitystudies and advice for a range of clients, whoinclude blue chip companies and governmentdepartments.The Report has a worldwide circulation and

has high profiled audiences.Country director of Oxford Business Group,

Annie Michailidou said this would be the first.edition of Oxford Business Group's criticallyacclaimed annual review of the PNG economy."OBG is proud to launch its operations in PNG

in these exciting times. Beyond the $U815 bil-lion LNG gas project, which will certainly bringenormous growth, PNG's long term competitive

advantages reside in its well-known rich milleral and petroleum resources," Ms Michailidoisaid. -.She said by pooling resources, OBG will er

sure that The Report: Papua New Guinea serveas an indispensible tool for the global businescommunity, mapping out exciting new develoj.ments under way in PNG and the investmeropportunities that this transformation is pr4ducing,' she said.Oxford Business Group is a research consu

tancy and publishing company which speciaises in producing a series of annual macroeonomic intelligence publications covering moithan 30 countries throughout Asia, the MiddlEast.Africa and Latin America.