CHINESE DELEGATION SCOUTS PNG FISHING INDUSTRY

PORT MORESBY, Papua New Guinea (The National, Dec. 10) – A 12-member delegation from China is in Papua New Guinea, scouting for business opportunities, particularly in the fishing industry.

The group left for Madang yesterday and will continue to Lorengau, Manus province.

They will visit a fish farm in Madang and a jetty and wharfing facilities in Manus.

Chinese Ambassador Li Zhengjung said China was prepared to assist the PNG government develop the sector to boost export earnings.

He added that the visit was made possible after the two countries had signed a fisheries cooperation agreement.

PNG National Planning and Monitoring Minister Sinai Brown said the country could earn more than US$180 million (K604 million) a year by exporting fish to China.

"Fishing in the country has gone from nothing to something and if everything goes well we will be making about US$180 million per year, said Brown. "We have the biggest sea area in the Pacific and I suppose we are the leader.

Mr Brown pointed out that the PNG government maintains a "One China" policy and hoped for a fruitful future in the fisheries sector. 

December 10, 2003

The National: www.thenational.com.pg/

 

Rate this article: 
No votes yet

Add new comment