Minister for Trade, Commerce and industry Richard Maru confirmed that building of infrastructures to house 10 tuna processing plants to process tuna caught in PNG waters had been delayed because the timeframe for the drawdown of the loans secured in 2011 lapsed.
“Loan had expired and also the cost had increased because of the delay, officials have been working with Exim Bank to provide us with a new loan to draw down and commence the construction.
