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Technology and connectivity is important for MSME

11/09/2018

The Minister for Commerce and Industry Hon. Wera Mori has stressed during last night’s dinner at the Laguna hotel that technology and connectivity is extremely important in the MSME sectors

Minister for Commerce and Industry Hon. Wera Mori stressing a point during a press conference soon after the ABAC MSME and Innovation Summit at the International Convention Center in Port Moresby.

The Minister for Commerce and Industry Hon. Wera Mori has stressed during last night’s dinner at the Laguna hotel that technology and connectivity is extremely important in the MSME sectors

“Lack of technological advancement is hindering the progress of Micro Small Medium Enterprises (MSME) to connect and develop rapidly in Papua New Guinea,” said Minister Mori.

He said technology has been the reason that affects progress of many small entrepreneurs in the country causing them to search for available opportunities to catch up with the moving trend of entrepreneurship in the global arena.

“Connectivity amongst APEC economies with the rest of the world is vital for a smooth business flow within institutions doing e-commerce,” said Mori

He added that the National Government is investing more on MSME, as it is the way forward for the economic growth of the country.

“Government is committed in developing the growth of MSME by supporting and encouraging more industries in the country,” he said.

ABAC PNG Alternate member and Chair of the MSME Summit Committee, Stan Joyce emphasized that ABAC is looking for opportunities to improve small business activities in the country and are encouraging more entrepreneurs to participate in small businesses.