Sir Bob Sinclair urges Papua New Guinea to end resource squandering for future prosperity

Legendary Lae businessman Sir Bob Sinclair, who has been a prominent figure in Papua New Guinea since 1964, delivers a powerful message about the country’s natural resources. In this compelling interview, Sir Bob, now 80, says the past 50 years of mismanagement and undervaluation of PNG's rich forestry and fisheries sectors have greatly affected the country. He argues that selling these resources for "peanuts" since independence in 1975 has hindered the nation's development. Sir Bob calls for a shift towards downstream processing and sustainable practices to ensure Papua New Guinea’s prosperity over the next half-century.

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