Australian businesses are losing ground in Papua New Guinea (PNG) amid an “aggressive push” into the region by Chinese and Malaysian companies, a PNG-based CEO warns.
Nick Coyle runs Qland Pharma and Diagnostics based in the PNG capital, Port Moresby, and was previously CEO of the China-Australia Chamber of Commerce (AustCham) in Beijing.
Coyle grew up in PNG and neighbouring Pacific island Bougainville in the 1980s and 90s, then spent 14 years in China before returning to head up his current businesses, including DS Power Solutions, which works in renewable energy.
His former partner, Cheng Lei, was notably detained during the height the trade war in 2020 that was instigated by Beijing in response to the Australian Morrison government calling for an investigation into the origins of COVID-19….
Beijing Winning the PR War With Megaprojects in Pacific Nation, Australian CEO Warns
