Business Council of Papua New Guinea Technical Working Groups Summary

Introduction to Technical Working Groups (TWGs)

The TWGs of the Business Council of Papua New Guinea (PNG) aim to enhance government collaboration with subject matter experts, focusing on private sector growth to support national development. This document outlines the TWGs' roles, responsibilities, and objectives, ensuring alignment among participants.

Objectives of the TWGs

  • Facilitating Engagement: Provide a platform for Government-2-Business dialogues through BCPNG’s various centers.
  • Leveraging Expertise: Utilize experts to discuss macro-economic issues, infrastructure, and other critical topics.
  • Policy Development: Contribute to policy-making with informed recommendations based on market analysis.

Composition of TWGs

The composition includes members from the Business Council, government agencies, and relevant technical experts.

Key TWGs and Their Focus Areas

  1. Macro Economy Policy Working Group

    • Purpose: Address fiscal information gaps, government policies affecting markets, and long-term fiscal stability solutions.
    • Relevance: Engage with government sectors that influence the economy.

  2. CapEx Working Group

    • Purpose: Focus on high capital expenditure for infrastructure projects and local content frameworks.
    • Relevance: Engage with the economic/infrastructure sectors.

  3. OpEx Working Group

    • Purpose: Improve public sector productivity, informed by Deloitte findings.
    • Relevance: Collaborates on public sector reforms.

  4. Revenue Working Group

    • Purpose: Work on tax reform timelines and taxation laws.
    • Relevance: Engage with economic policy development.

  5. ESG/Social Enterprise Working Group

    • Purpose: Promote sustainable business and support government social service initiatives through partnerships.
    • Relevance: Focus on social, law, and order sectors.

  6. Business Values Working Group

    • Purpose: Advance major resource projects and promote national participation in business.
    • Relevance: Engage with national security and economic sectors.

  7. International Business Priorities Working Group

    • Purpose: Foster international partnerships and trade investments.
    • Relevance: Support economic and security policy discussions.

  8. Digital Government Working Group

    • Purpose: Develop a tech stack to improve market operations.
    • Relevance: Engage in economic policy reform efforts.

  9. Critical Infrastructure Working Group

    • Purpose: Focus on policy and legislative needs for developing critical ICT infrastructure.
    • Relevance: Collaborate on economic policies related to infrastructure development.