Rethink on Pacific Marine Industrial Zone

AROUND K277 million has already been wasted on the Pacific Marine Industrial Zone with nothing to show for on the project site in Madang, National Fisheries Authority acting managing director Justin Ilakini says.
Rethink on Pacific Marine Industrial Zone Rethink on Pacific Marine Industrial Zone Rethink on Pacific Marine Industrial Zone Rethink on Pacific Marine Industrial Zone Rethink on Pacific Marine Industrial Zone

Justin Ilakini

Staff Reporter

Ilakini told The National newspaper that the NFA was now going back to the drawing board to make sure that the project was done correctly with government approving K100 million for the project in its 2022 budget.
 
He said work was under way to have a project steering committee comprising of officers from relevant departments with the department of National Planning and Monitoring and the NFA co-chairing the project team.
 
"Government transferred the PMIZ project to the NFA. In the last budget they approved K100 million for the project. We have, more or less, gone back to the drawing board to make sure that everything is done properly," he said.
 
"This is a project that doesn't have a good name to it because of the amount of money that has been wasted on it with nothing to show for at the project site. What we are doing now is we want to make sure that every study that needs to be done is done."
 
Ilakini said the NFA would ensure that there were development partners on hand to help develop the project, which he said would provide more than 30,000 jobs and provide for 10 tuna processing plants.

 

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