First marine industrial zone cannery would start operations in 2017
2016-11-28 17:55:07   copyfrom:    hits:

Pacific Marine Industrial Zone project (Image: malumnalu blogspot com)PAPUA NEW GUINEAMonday, November 28, 2016,10:00
 

Pacific Marine Industrial Zone project. (Image: malumnalu.blogspot.com)

 

PAPUA NEW GUINEA
Monday, November 28, 2016, 10:00 (GMT + 9)

 

Papua New Guinea government is planning to launch its Pacific Marine Industrial Zone (PMIZ) project in Madang Province in the first quarter of 2017, just before the general elections.

This announcement was made by the vice minister in charge of the project Anton Yagama, who explained it has been delayed for more than a decade due to legal, environmental and landowner issues, Radio New Zealand reported.

Among those issues, one stemmed from the fact that the Sek clan that owns much of the land where the canneries will be built revealed that they have learnt tough lessons from the RD Tuna Cannery, which operates on the their land and pumps waste into the sea.

The USD 235 million project, establishing up to ten canneries and other port facilities on the Madang Lagoon, had been initiated in 2006 by PNG National Fisheries Authority (NFA) and Fishing Industry Association.

According to the NFA, the initiative aims to promote the development of basic infrastructure and to reduce post-harvest losses via the construction of a modern fishing port complex in Vidar plantation. 

The PMIZ construction will be carried out by China Shenyang International Technical Economic Corporation with Chinese government funding.

The first canned product factory that is expected to start operations before April next year will be helpful for PNG as a showcase to invite neighbouring Pacific countries as well as other foreign companies to set up their own operations in Madang.

For his part, Prime Minister Peter O’Neill stressed the project will create 30,000 job opportunities and earn the country between USD 2 billion and USD 4 billion a year, once fully developed, with Madang Province earning about USD 6 million a year.

The NFA commented that the establishment of a Marine Industrial Park should be seen as a handy tool to enhance scale economy, to benefit all stakeholders by increasing the volume and value of down-streamed processed tuna products and to reduce the exports of whole frozen tuna exports.

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