Our Vision

  • To lead the promotion of sustainable economic growth through invastment in our renewable resources and preserve the nation's international trade competitveness.

Our Mission

  • To guide Papua New Guinea into maximising its full potential in the development of vibrant and diversified domestic commerce and industry and participation in the international trade for the ultimate achievement of sustainable socio-economic growth; increased emloyment and in come earning opportunities; and proverty alleviation.

Our Functions

  • To plan, research formulate and co-ordinate policies and programs relevant to the development of industry, commerce, investments, and trade that will guide PNG to diversify its economic base and tap into new markets for its local products.
  • To review and introduce appropriate policy options for the facilitation of investments, industry development, business growth, trade, including rural sector development.
  • To ensure that Government policies and programs tasked to the respective ministerial agencies (IPA, SBDC, ICDC, and NISIT) are implemented.

Free Trade Zones & SEZ

Since FTZ Act 2000 was legislated in 2000 it was never implemented for the last seventeen years. 
And there a lot of reason(s) why FTZ was not implemented.

In the last quarter of 2017, Hon Minister Wera Mori gave his political support to drive FTZ/SEZ forward.  The Minister’s political support has greatly triggered the reactivation of FTZ.
Currently, Commerce and Industry has submitted two policy submissions to NEC for its deliberation for Vanimo FTZ and Finschhafen SEZ.

The Bana FTZ is in the finalisation stage to be sent to NEC by end of November 2018 for its deliberation too.  Kikori District in the Gulf Province and Manus have shown interest in FTZ and SEZ and they have already formed committee to commenced discussion and pursue their agenda.

Meanwhile, National Planning Department and Commerce and Industry will soon present to NEC a joint-submission on Special Purpose Economic Vehicle Policy Framework (SPEV).  This is an overarching policy framework that will cater for large-scale projects such as FTZ, SEZ and IZ. This SPEV Policy is also in the finalisation stage and ready to go before NEC in November. Once the SPEV Policy is endorsed a SPEV Bill will follow suit.

So far, FTZ, SEZ and IZ program are re-activated and needs continuous government support and commitment to implement it accordingly so that we can see its real benefits.

Job Vancancy

 The Department is inviting dynamic and exceptional candidates to join its Executive Management Team.

Applications close 4:06pm Wednesday February 27, 2019.