ONE of the largest and most prominent retail conglomerates in Papua New Guinea (PNG) is looking for investment opportunities in Fiji.
CPL Group – PNG Head of Pharmacy Pradeep Panda informed the Fiji-PNG Business Mission delegation that the company had been supplying pharmaceuticals in Fiji for nearly two decades.
He said the company now sought to establish a medical equipment and laboratory business in Fiji, believing it would contribute to the improvement of healthcare in the country.
Founded in 1987 by Fiji-born Sir Mahesh Patel who moved to PNG in 1984, CPL Group has grown into a diverse business entity with a strong presence across various sectors, including retail, healthcare, and hardware.
Meanwhile, BSP Financial Group (Fiji) Pte Ltd (BSP) is supporting the Fiji-PNG Business Mission 2025 as a co-sponsor of the official networking event.
This investment underscores its dedication to fostering economic growth and strengthening ties between Fiji and Papua New Guinea.
BSP Financial Group CEO Mark Robinson said this partnership aligned with their vision and core values.
“The Fiji-PNG Business Mission aligns with our vision to be the South Pacific’s international bank committed to championing prosperity for the region,” Mr Robinson said.
“Our support for this mission is intended to empower our stakeholders who are spearheading this initiative that aims to facilitate opportunities that drive sustainable economic growth and strengthen regional partnerships.”
BSP PNG will also host a roundtable discussion today, bringing together the Fijian delegation and BSP’s corporate clients to explore potential investment opportunities in Fiji.
Organised by Investment Fiji and the Ministry of Trade in partnership with the Investment Promotion Agency PNG, Fiji High Commission in PNG, the Business Mission started on Monday in Port Moresby.
The delegation comprises some 28 delegates including Government officials, industry leaders and representatives from private sector organisations.
Investment Fiji CEO Kamal Chetty acknowledged BSP and Vodafone PNG’s ongoing support of the business mission.
