PAPUA New Guinea is set to offer a visa on arrival for businesspeople visiting from member economies of the Asia Pacific Economic Cooperation (APEC) organisation.

The plan was announced by PNG Prime Minister Peter O’Neill to a delegation of the Philippines Chinese Chamber of Commerce and Industry during their visit to the nation.

“We want to invite people to come and visit our country from around the APEC region and we will streamline visa processes to make it easier to travel to Papua New Guinea,” he told the delegation.

“This will be in addition to the APEC Business Travel Card, that has already proven very popular among our business investors. Visas on arrival will be open to thousands of people who don’t already have the APEC card.”

APEC has 21 members including, Australia, New Zealand, the Philippines, China, Indonesia, Japan, Malaysia, Singapore, Thailand, Vietnam, Chile, Mexico, the United States and Canada.

Mr O’Neill said the local region was becoming increasingly integrated and that PNG needed to take advantage of the economic potential of the Asia-Pacific.

“Even with the challenges in the global economy, the economy of Papua New Guinea is growing,” he said, citing the Wafi-Golpu advanced exploration project, Frieda River project and the Papua LNG project.

“I would like to invite our friends from the Philippines to increase investment and work with our companies in agriculture and fisheries.”

The Philippines Chinese Chamber of Commerce and Industry has eight local chapters in the Philippines working across sectors including agriculture, tourism, mining, and electricity generation and small and medium enterprises.

The group travelled to Papua New Guinea following Prime Minister O’Neill’s visit to Manila for the APEC Summit in November last year, and the Chamber has sought to explore business opportunities between the two countries.