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Subject: Can anyone buy a part of Enga? Author: Gordon Marretty [ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: Sat, Apr 14 2007, 05:58:56am It is my understanding that the Enga Government is selling shares in Enga. Is this true? Will Enga become a commodity on the stock exchange? Who will control the issue of shares? Does anyone know the offer price? I am a representative of a group of businessmen who can and may buy into Enga, providing the environment is conducive to economic growth and social stability. We are a hospitality group. [ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

[> Subject: Re: Can anyone buy a part of Enga? Author: 61 [ Edit | View ] Date Posted: Sat, Apr 14 2007, 09:27:38am We engourage investments in the province and infact would go out of our way to assist business houses and entreprenuers to invest in Enga. It is of course healthy for the development of our province. However, if you are genuinely interested in Enga then my advice to would be to take the time to research and understand our land tenureship system well before making any business committments. 61 [ Post a Reply to This Message ]

[> Subject: Re: Can anyone buy a part of Enga? Author: - [ Edit | View ] Date Posted: Sat, Apr 14 2007, 03:39:48pm I think it would be utter madness for the Enga government to sell off land now or in the future, even leasing it for 99 years, which is a policy in POM is not beneficial in the long term. Land is everything, without land people have nothing, one become displaced and landless. Selling land now, makes future generations landless with no prospect of ever getting the land back. With the threat of rising oceans, global warming, and an over populated world, land and water resources will be a countries greatest asset in the future. Development of Enga is beneficial, especially in the hospitality industry, but why can't the Enga government create a industry that promotes it's own tourism? http://www.aidwatch.org.au/index.php?current=68&display=aw00853&display_item=1 [ Post a Reply to This Message ]

[> Subject: Re: Can anyone buy a part of Enga? Author: 61 [ Edit | View ] Date Posted: Sat, Apr 14 2007, 05:12:34pm Mate, if the Enga government is adamant on outright selling of the land then I would vigorously oppose it just like all other Engan landowners. However, I am hoping that we can come up with an arrangement that will be suitable for all parties; the landowners, developers and the provincial government. I think the land registration concept that is currently being proposed is a good one. Here the landowners will register their land under the governments system and can use their land to do business with the developers. The developers will sign an agrement with the landowners to operate/rent their land for certain amount of years and as soon as the due date arrive they can sell their business to the landowners or whatever they want to under the agreement. In this way all parties will benefit and there will be less problems. 61 [ Post a Reply to This Message ]

[> [> Subject: Re: Can anyone buy a part of Enga? Author: - [ Edit | View ] Date Posted: Sun, Apr 15 2007, 02:08:13am Not too sure if registering of customary land is the best way to go, some more reading on the issue at: http://dlc.dlib.indiana.edu/archive/00001825/00/Anderson_Tim.pdf http://abc.net.au/timetotalk/english/opinion/TimeToTalkOpinion_440061.htm [ Post a Reply to This Message ]

[> Subject: Re: Can anyone buy a part of Enga? Author: 61 [ Edit | View ] Date Posted: Sun, Apr 15 2007, 10:26:42am kaim, thanks for pointing out the articles above. The second article talks about our culture and land but does not address the question of making money out of our land. Money as you and I know is very important in this day and age. Right now the bulk of our rural people just do not have access to it. The only way we can help our rural people is to come up with a system that will enable them to make money independently and at the same time preserve their ancestral lands. I found the first article very interesting because it highlighted some critical issues that I think the government should address in order to bring about a balance in the land registration system that is advocated by World Bank, ADB and its othe proponents. The system that will suit our people most is one which have a collective input from the government, developers and especially the Landowners. I believe the government should work very closely with the landowners to avoid dispossession which has affected a lot of indegenous people around the world. At the same time it should create legislations that does not act as a disincentive for developers who we need to bolster our economy. Just my thoughts. 61 [ Post a Reply to This Message ]

[> Subject: Re: Can anyone buy a part of Enga? Author: Kaim [ Edit | View ] Date Posted: Wed, Apr 18 2007, 11:49:20am The following is a posting at “Lae Board” - PNGSCAPE; which I assume was posted by a foreigner that is looking for a good farmland. I found the last response to the posting from the anonymous person interesting. It can be seen that the person was aware of the true value of his land and wants to maximize the returns. That I believe is the mindset that we all Papua New Guineans should embody when dealing with land sales in PNG. The eras in which hundreds of fertile land were sold for tobacco, steel axe, and matches are over. We must learn the tricks of the trade that neo-colonialists have been using to rob us and put an end to that immediately. Kaim ______________ Seek Agricultural/Farmland to purchase March 13 2007 at 2:27 AM Observer ------------------------------------------------------------ Anyone know of any agricultural land for sale in Morobe Province, NCD, or Madang? Undeveloped is fine as long as it is 50 - 100 hec. _____ Author Reply Anonymous Re: Seek Agricultural/Farmland to purchase April 6 2007, 10:26 AM Go lookim Jack Sagaling _________ Observer Re: Seek Agricultural/Farmland to purchase April 16 2007, 12:30 PM Anyone know of any agricultural/forest land sale in Morobe or Madang provinces? Looking for up to 100 hec. Will pay fair market price for title.. __________________ Anonymous Re: Seek Agricultural/Farmland to purchase April 16 2007, 1:52 PM I have a big block farm land in Port Moresby, (14-15 mile, sogeri road) but my final and non-negotiable offer is 51% ownership and title are mine. You can have 49% ownership after a binding and successful agreement. You can develop and pay rent to me for doing your business for a long term lease. How does that sound? Put your email address so we can discuss more if you're interested. [ Post a Reply to This Message ]

[> [> Subject: Re: Can anyone buy a part of Enga? Author: - [ Edit | View ] Date Posted: Wed, Apr 18 2007, 09:46:53pm Coloninization has forever changed the lives and traditional way of life for original land owners and people. In many countries indigenous people have had their land dispossessed, land lost forever and rural people relocated to settlements with little or no land where that can provide food for living or survival. The new PNG government however made a statement in the Constitution to protect traditonal culture and lands. Keep your land and culture tight because "land is life". [ Post a Reply to This Message ]