5 Jun 2013

PNG's Marine Industrial Zone to be open to other industries

7:03 am on 5 June 2013

Papua New Guinea's Trade, Commerce and Industry Minister says the government wants the planned Pacific Marine Industrial Zone in Madang to be a fully-fledged industrial park.

The Zone will see up to 10 fish canneries, a port complex and other industrial developments on land around the Madang Lagoon.

Last year, the National Court halted the development after customary landowners argued that the development was illegal.

However the case has now been withdrawn.

Richard Maru says the government is determined to push on with the PMIZ and for it to be more than just a marine zone.

"It'll be an export processing zone, so other industries which will include the processing of raw materials for export, we will now open it up to other industries. for example if there are companies who want to process coconut products, who want to process oil palm, who want to process other products, they can come in and also be given land within the park."