Papua New Guinea Prime Minister Peter O’Neill has told investors in Australia that there is political stability right now. Speaking as the guest speaker at the PNG Advantage Investment Summit in Brisbane, Australia, O’Neill told the packed summit arena that he was confident that his Government will go to the 2017 national elections as a united group, with plans for another five more years in government. He was presenting his speech, specifically talking about the economic overview of PNG, the investment destinations, the PNG LNG and the key Government initiatives now being implemented in the country.
"Added to this, one of the most important factors that will ensure Papua New Guinea is a secure destination for investment is our proven political stability,” Prime Minister Hon. Peter O’Neill said. "Our Government was re-elected some three years ago. "Since then, we have maintained a strong parliamentary majority, a united cabinet, and we have had goodwill and public support across the nation, this has been since 2011," he said. "Yes, the horse race in Waigani will be on, but I also know, on form, which horse I will be betting on. "The days of short-term governments in Papua New Guinea are well and truly over,” Prime Minister Hon. Peter O’Neill said.
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