Qhat company was the first transnational corporation to invest in Papua New Guinea
The first transnational corporation to invest in Papua New Guinea was the British-Australian mining company, Broken Hill Proprietary Company Limited (BHP), now known as BHP Group. They started their operations in Papua New Guinea in 1963 with the establishment of the Panguna copper mine on Bougainville Island.
The first transnational corporation to invest in Papua New Guinea was the German company Lüderitzbucht-kompagnie (also known as the Deutsche Ziphaghut), which established a trading outpost in the country in 1884.
To find out which company was the first transnational corporation to invest in Papua New Guinea, you can follow these steps:
1. Start by conducting some preliminary research on the history of foreign investments in Papua New Guinea. Look for relevant articles, books, or official reports.
2. Consult reliable sources such as academic research papers, economic studies, or publications from financial institutions that specialize in international investments. These sources often provide insights into the historical development of foreign investments in different countries.
3. Look for information specifically related to the early stages of foreign investments in Papua New Guinea. This could include historical economic data, corporate records, or government reports.
4. As you search, pay attention to key time periods or economic events that are likely to have sparked significant foreign investment in Papua New Guinea.
5. Databases and archives of international corporations and business directories might also be valuable sources. Look for information on the first transnational corporations venturing into Papua New Guinea.
By following these steps, you should be able to find the relevant historical information and identify the first transnational corporation to invest in Papua New Guinea.