Papua New Guinean Government hires RMG to help develop its resources

Papua New Guinea has hired the Raw Materials Group has advisers to develop its nation's natural resources.

RMG will help the country in strengthening the investment promotion capabilities of its Mineral Resources Authority (MRA) and its Geological Survey Division.

It comes as the nation puts a greater focus on its mineral wealth in developing a strategy for economic growth and development. 

It has already started the GEOMAP project, which generated new scientific data from relatively unmapped prospective parts of the country's Highlands and peninsular.

The MRA has also made progress in promoting its mining sector to international investors.

RMG will now guide the PNG government in further developing its investment promotion competencies as well as the capabilities of the MRA and Geological Survey Division, the company said.

The team will be led by Magnus Ericsson, who has previously worked with PNG in developing its natural resources sector.

“It is our pleasure to continue working with our MRA colleagues. Papua New Guinea is committed to the sustainable development of its mineral sector, and through this project, we will work together to promote responsible mining investments in the country," Ericsson said.

Running over six months, the project will involve designing investment promotion and client relation strategies, collaborating with major international mining investment conferences, and training the government bureaus.

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