He said both countries could learn a lot from each other and benefit more especially in the small to medium enterprise sector.
“Papua New Guinea is the power house of the Pacific,” Kuminding said.
“We would like our exporters, business people and investors to use Papua New Guinea, particularly Port Moresby, as the gateway to Pacific Island countries.
“That is what I will see – to use Papua New Guinea strength.
“There is no doubt that PNG is now the big brother of the other island states.
“So whatever is happening in Moresby, it will become the attention of the other island states.
“It’s very important that there is a lot of potential.
“I am sure many of our (Malaysian) small to medium enterprises (SMEs) will be willing to come to Papua New Guinea and venture into those opportunities.
“That is one of the area that I would like to see it grow in the future.
“Our investment in Papua New Guinea is always on the increase.
“That will create an industrial base for PNG and the most important thing is using your resources.
“This is a sector that we can work together on.
“For example, a business investor coming here and doing joint venture with a Papua New Guinean. Set up a manufacturing base, and a manufacturing base first to capture the domestic requirements.”
He said partnerships in SMEs can help stipulate the local economy and increase business participation by Papau New Guineans with their Malaysian partners.