Malaysia Among PNG’s Top Investors as Perodua Launches in Port Moresby

Malaysia Among PNG’s Top Investors as Perodua Launches in Port Moresby

​Malaysia has cemented its position as one of Papua New Guinea’s leading foreign investors, with more than 700 Malaysian-backed projects worth about K11.4 billion approved between 2015 and 2021, according to Malaysian High Commissioner Hamizan Hashim.

Speaking at the launch of Malaysia’s top-selling car brand, Perodua, in Port Moresby yesterday, Hashim said the investments have created around 20,000 jobs in sectors including hospitality, retail, forestry, finance, construction, agriculture, and real estate.

He noted that 2025 marks 50 years of bilateral relations between PNG and Malaysia, and that Perodua’s entry into the PNG market is a symbol of trust and partnership between the two countries.

Perodua, known for its fuel-efficient and affordable vehicles, reflects Malaysia’s engineering innovation, Hashim said. Its presence, he added, demonstrates growing Malaysian confidence in PNG’s economy and workforce.

Hashim also called for stronger technical and vocational education and training (TVET) programmes to provide hands-on skills for the automotive sector, particularly in repairs, maintenance, and engineering.

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