INTRODUCTION
In an era of intensive growth, particularly in the resource sector, PNG faces a challenge – the capacity to support these projects in-country. Often, major contracts are outsourced, potentially limiting the benefits that these endeavors bring to our nation. We rise to this challenge with the unwavering belief that it is time to prioritize the development of Papua New Guinea’s national content.
In an era of intensive growth, particularly in the resource sector, PNG faces a challenge – the capacity to support these projects in-country. Often, major contracts are outsourced, potentially limiting the benefits that these endeavors bring to our nation. We rise to this challenge with the unwavering belief that it is time to prioritize the development of Papua New Guinea’s national content.
Our focus is clear – we emphasize technical training, capacity building, and local enterprise development. As PNG undergoes significant project developments, we are determined to lead the way, ensuring that more construction costs stay within our borders, stimulating our national economy, and fostering a brighter future for all Papua New Guineans.
This journey will not be without its challenges, and we recognize the potential impact on outside contractors. However, our commitment to the development of our nation remains steadfast. It’s a defining moment where we draw a line between importing technical expertise and contractors and building our own capabilities. Collaboration with stakeholders, including the government, State- Owned Entities, corporations, and project developers, is paramount. Together, we align our efforts with the nation’s development priorities.
At Pandtec, we are devoted to strengthening our capabilities in Engineering, Procurement, Construction, and Maintenance (EPCM). We envision ourselves as a platform, propelling Papua New Guinean professionals and locally owned specialized businesses into the spotlight. Emerging partnerships with reputable global entities, including engineering houses and project financiers, demonstrate our determination to turn this vision into reality.
Despite our global reach through these partnerships, Pandtec International remains firmly rooted as an indigenous PNG company. The majority of shares are reserved for ordinary Papua New Guineans as we are committed to creating opportunities for our fellow citizens.
Our journey includes going public by 2024, a critical step to raise the capital required for our visionary mission. This also presents an opportunity for ordinary Papua New Guineans to become stakeholders in this industry game-changing company.
As we embark on this transformative journey, we extend an invitation to all stakeholders. Support us where you can, for we promise to exceed your expectations, uphold stringent quality and safety standards, and deliver projects that reflect the true value of your investment.
Choosing Pandtec International is choosing to invest in Papua New Guinea’s future.