111124 MOU signing between PNG SMEC and ABG Dept. of Commerce New Dawn FM News ABG Department of Commerce, Trade Industry and Economic Development signed an Memorandum of understanding (MOU) with PNG Small Medium Enterprise Corporation (SMEC) marking an important milestone, today. Secretary of Commerce Alex Kerangpuna was speaking at the signing on behalf of Minister responsible and Vice President Hon Patrick Nisira. He states that MOU signifies a strong commitment between the ABG and the National Government to foster a vibrant SME sector in Bougainville. The Toroama Nisira Government acknowledges the vital role of MSMEs and cooperatives in Bougainville’s economic independence. “To support this, we are investing K8million as a constituency grant for 33 constituencies to promote MSMEs and cooperatives as key economic drivers. “We firmly believe that through training, mentorship, market access, strengthening cooperative societies operations, and f...
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