NEW BISCUIT FACTORY VOTE OF CONFIDENCE IN PNG

Editorial
NEW BISCUIT FACTORY VOTE OF CONFIDENCE IN PNG

PNG Post-Courier

PORT MORESBY, Papua New Guinea (April 16, 2010) – THE people of Lae and Papua New Guinea are about to get a new, modern biscuit factory when the Lae Biscuit Company officially open their new factory at Kamkumung, Lae City tomorrow.

It is the first time in a long time that Papua New Guinea’s industrial city has seen a multi-million-kina investment in the food manufacturing industry of this scale.

Sir Henry Chow and his family have shown a lot of confidence in the future of PNG and Lae in particular by investing in this new factory which expands their biscuit-making operations in the Morobe capital.

Lae Biscuit Co had humble beginnings in Lae going back to the early 1970s and it is a tribute to the patience, determination and hard work of Sir Henry over many years that this new development has come about.

While government attention in recent times has been focused on the non-renewable resource sector, the non-mining and energy sector has received little if any backing.

Lae Biscuit Co struggled against all odds to establish the new plant which employs hundreds of people directly and many more indirectly through suppliers, wholesalers, traders, shippers and so on.

The opening of the new factory comes amidst the worst road conditions in history for Lae and services such as power and water which seem to go on and off at will.

Lae Chamber of Commerce and Industry president Alan McLay yesterday cautioned PNG Power, PNG Waterboard, Telikom PNG, and the Lae Urban Local Level Government that while Lae Biscuit had shown confidence in Lae for this new development, they need good power, constant water, good communications and good roads so they can develop and produce quality and competitive products. The national and provincial governments must never lose sight of the fact that Lae is the nation’s most important industrial city.

The neglect of Lae roads is of serious concern. Buck passing and political ineptitude must stop. The non-renewable sector of the economy will continue to provide employment and services to PNG long after the mining and gas companies have packed up and gone. We thank Sir Henry Chow and his family for their commitment to PNG and Lae in particular and wish them all the best for the future.

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