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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.

Co-Operative Societies - Brief History In PNG

The Co-operative Societies Movement was introduced in Papua New Guinea in 1947, just after the World War by the Colonial (Australian) Government under a legislation called the Native Societies ordinaries which later became the Co-operative Societies Ordinance (1965).
 
Well over 500 Co-operative Societies were then set up around the country enabling people to plant cash crops, build retail stores of consumer necessities and obtain credit to finance activities of their respective Co-operative Societies.  These were vibrant business organizations which worked well and effectively serviced the rural areas in the 1950’s, 60’s and to some extent the 70’s.
 
The Co-operative Societies Ordinance (1965) was then re- pealed in 1975 by the then House of Assembly which showed the demise of the Co-operative Societies Movement in PNG.  Co-operatives operating at that time were either transformed into companies under the Companies Act, or Business Associations under the Business Groups Act.  Some Co-operatives are still in operation but may well be operating under other names or a different business structure. The Act governing the Co-operatives Societies was again re-enacted in 1981 leading to what is currently called the Co-operative Societies (Amended) Act, 1985.
 

Job Vancancy

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

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

CLICK TO DOWNLOAD JOB DESCRIPTIONS