One of Papua New Guinea’s largest retail conglomerates, CPL Group, is actively pursuing investment opportunities in Fiji. During the Fiji-PNG Business Mission delegation, Pradeep Panda, Head of Pharmacy at CPL Group, shared that the company has been supplying pharmaceuticals in Fiji for nearly 20 years and is now keen to expand by establishing a medical equipment and laboratory business to enhance healthcare in the nation.
CPL Group was founded in 1987 by Fiji-born Sir Mahesh Patel, who relocated to PNG in 1984. Over the years, it has diversified its operations, establishing a significant presence in various sectors, including retail, healthcare, and hardware.
The Fiji-PNG Business Mission 2025, which commenced recently in Port Moresby, is further supported by BSP Financial Group, which is co-sponsoring the event. BSP’s CEO, Mark Robinson, emphasized the organization’s commitment to fostering economic growth and strengthening ties between Fiji and PNG, as the mission aligns with their vision to be the South Pacific’s international bank.
Additionally, BSP PNG is set to facilitate roundtable discussions that will bring together the Fijian delegation and corporate clients to explore potential investments in Fiji. This initiative showcases a wider partnership effort aimed at bolstering economic connections and engagement between the two nations.
Kamal Chetty, CEO of Investment Fiji, acknowledged the support from BSP and Vodafone PNG, indicating that such partnerships are crucial for promoting trade and investment opportunities that can have lasting benefits for both countries.
This mission is part of a broader strategy to reinforce economic relations between Fiji and PNG, aiming for sustainable development and mutual prosperity in the Pacific region. Collaborative efforts like these demonstrate a hopeful future as both countries work together to enhance regional cooperation, ultimately leading to improved economic resilience and potential growth in key sectors.
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