10 May 2005

Fish Project set to create jobs in PNG

10:19 am on 10 May 2005

A new fishing project in Papua New Guinea will create more than a thousand jobs for people in East New Britain.

The Post Courier newspaper reports that the integrated fishing and processing project, which will cost US$41.5 million, was approved by the National Executive Council last year.

It was the result of an agreement signed by Taiwanese developers New Britain Resource Development Limited, the National Fisheries Authority and the East New Britain Provincial Government.

The East New Britain Governor, Leo Dion, says he's very happy the project is about to begin after a long delay.

He's instructed the provincial administration to set up a working committee to oversee preparations.

The Governor-General Sir Paulias Matane will officially launch the project on the 11th of May.