|
To set up a Chamber of Commerce in your
area you must register with the Investment Promotion Authority under
the “Association Act”. There are small legal fees involved, which
would be at your own expense, and approvals can take up to 6 months.
You must also have a Constitution of Association.
More detailed information on these procedures is available from the
PNGCCI office, and we would be happy to assist with applications.
Once a Chamber of Commerce and Industry is established, it is up to
the individual Chamber to structure their own membership fee, which
usually depends on number of employees per company of organization.
An Executive Committee (President, Vice-President, Secretary,
Treasurer) needs to be elected, and objectives, values and a code of
ethics should be established. Meetings should be held regularly, and
do not have to be restricted to the Executive Committee.
A Chamber of Commerce is an association
or organization representing businesses of all sizes and all types
of activity. This part of a country’s economic activity is often
referred to as the “Private Sector”.
The Chamber of Commerce’s job is to
protect and promote the interests of the Private Sector in general
and especially the interests of its members.
At the International and National level
this is done by the Papua New Guinea Chamber of Commerce & Industry,
which is made up of all the Provincial Chambers of Commerce. The
President of each Provincial Chamber of Commerce is a member of the
Governing Council of the Papua New Guinea Chamber of Commerce &
Industry.
The Papua New Guinea Chamber of Commerce
represents PNG’s private sector at international conferences,
seminars, trade missions and exhibitions. It works to promote
overseas trade and international investment in Papua New Guinea.
At the National level, PNGCCI provide
representation for business people with which the Government can
consult, as well as promote, support or oppose legislation or other
measures affecting the Papua New Guinea business community.
At the town and province level,
Provincial Chamber’s work to promote and protect local businesses.
They consult with and cooperate with Provincial Government to ensure
that the provincial economy goes ahead with maximum involvement by
private enterprise but with full cooperation and assistance from
Government.
In addition the Papua New Guinea Chamber
of Commerce receives frequent enquiries from both local and
international investors seeking information and advice on importing,
exporting and setting up businesses in Papua New Guinea.
|