Home > Corruption, Human rights, Land, Papua New Guinea > APEC is a criminal waste of money

APEC is a criminal waste of money

K800 million is being spent to enrich the Port Moresby club of politicians, construction companies and hoteliers. And all under the guise of playing host to APEC – an international organisation that promotes the same colonial economic policies that have failed Papua New Guinea for the past 30 years.

APEC is a business club that wants to continue to exploit PNG’s rich natural resources for its own benefit; that wants to continue to boost our false export economy at the expense of the real mainstream economy that is based on rural enterprise, local markets and honest endeavour by village people living on and working their own land.

Development does not come from outside, as APEC and its supporters claim and it does not trickle down from large-scale resource extraction; real development has to come from within – by supporting small local businesses and rural agriculture, not building flashy infrastructure in Port Moresby for the elites to enjoy.

Imagine what could be achieved if all the effort from politicians and bureaucrats that is going into organising the APEC summit was being put in to improving our health and education services or agricultural extension work? All those hours of effort by public servants, all that coordination and all that support from overseas?

Imagine what K800 million, spent wisely could do for rural infrastructure and transport?

Seeing it all wasted on opening up PNG to more foreign exploitation is not just sad, it is a crime!

  1. Professor H A Amankwah
    March 30, 2017 at 12:44 pm

    You frustration at what you perceive as a waste of public money is understandable. However PNG just as all nations needs exposure to the international community to accelerate economic development. It is however important for national leaders to maintain a sense of proportionality in the allocation of public funds in the name of international exposure. How they do it is the issue. The national interest must take priority over frivolous and debt incurring showcasing of the nation

  2. March 30, 2017 at 4:44 pm

    Thank you for pointing this out. I completely share the sentiments you state. The decision by Peter O’Neill and his government to host the APEC meeting here is clearly a wrong decision for the country.

  3. Peter Dam
    March 31, 2017 at 2:32 am

    It would be good to again actually do this comparison, as Act NOW did a few years back; Give the figures on how many health clinics could be run for how many years with 800 million? Or how many double classrooms and teacher houses, school libraries, teacher salaries could be paid from that amount.

  4. March 31, 2017 at 7:28 pm

    For years, anti-globalisation protesters have been calling for APEC to be dismantled, accusing the trade bloc of taking advantage of poorer countries.
    APEC only benefits the rich and their countries while further impoverishing developing countries, thereby offering no advantage to people in Papua New Guinea.

    And remember, as stated on 30 October 2016, “APEC summit will be cancelled if Opposition forms government” in Papua New Guinea.

    “If the people give the Opposition mandate to be in government after the elections, the Opposition will definitely cancel the APEC meeting,” Polye said, as shouting erupted from both sides of the House.

    “I would like to inform our very valid friends and the 21 members of APEC, that is the position of Opposition in hosting the APEC,” said Polye.


  5. Gure Huk
    April 2, 2018 at 9:58 am

    Governments seek economic power however if it is build on minority interest, it will collapse in the long term as the majority neglect arose in desperation and hopelessness resulting to bloodshed. Economic foundation built through majority participation will have no end. We will restructure our (PNG) economy through majority participation in the near future. I agree with comments of the post.

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