PNG secures $US20m loan from Finland for road work

THE PNG Works Department has signed a memorandum of agreement for a 60 million kina ($US20.8 million) soft loan from Finland for the maintenance of rural roads in the Sepik and Madang provinces.

PNG secures $US20m loan from Finland for road work PNG secures $US20m loan from Finland for road work PNG secures $US20m loan from Finland for road work PNG secures $US20m loan from Finland for road work PNG secures $US20m loan from Finland for road work

The National newspaper quoted Vice-Minister for Works James Marabe as saying the funds would be used to fund the use soft asphalt concrete technology for rural roads in East Sepik, Sandaun and Madang

loader
  • NEW: Digital version of PNG Report magazine - View here
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more

Most read Regions