WORK TO BEGIN ON $43 MILLION PNG FISH PLANT

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By Veronica Manuk

PORT MORESBY, Papua New Guinea (The National, May 8) – The island province of East New Britain in Papua New Guinea will witness the ground breaking ceremony of the long-awaited K134.7 million (US$43.5 million) fish processing plant next Wednesday at Ulaveo in Rabaul.

Papua New Guinea Governor-General Paulias Matane confirmed his attendance to be the special guest at the ceremony.

According to ENB Governor Leo Dion, the project was approved by the National Executive Council (NEC) on Oct 12, 2004 for the establishment of the Integrated Fishing and Processing Project in ENB.

He said it was then executed as an agreement by Sir Paulias on behalf of the Independent State of Papua New Guinea, the National Fisheries Authority, the project developer, New Britain Resource Development Ltd and the East New Britain Provincial Government on Oct 21 2004.

"I am very happy that a project of such magnitude is about to begin after a long delay," said Mr Dion.

He said the plant will provide more than a thousand jobs for the local people.

Mr Dion said because of the long delay in bringing the project on stream, many people have lost hope of ever seeing the project come to fruition.

Last week, Governor Dion instructed the provincial administration to set up a working committee to oversee preparations for the groundbreaking ceremony after confirming with the developer from Taiwan that it was now ready to go ahead with the project.

May 9, 2005

The National: www.thenational.com.pg/

 

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