The National Government will go into Private Public Partnership (PPP) with mining and petroleum companies to upgrade and maintain all national highways in the county.
Minister for Works and Implementation Francis Awesa told Parliament today this is the long term strategy that will be used to improve the road conditions of all national highways.
Awesa said he will release a ministerial statement in this week’s Parliament sitting on how the PPP agreement will work.
Meanwhile, Prime Minister Peter O’Neill advised Parliament on Tuesday that Cabinet had approved an increase in infrastructure tax credit scheme from 1.75 to 2 per cent to support the PPP agreement.
He said talks will be held between the National Government and Ok Tedi Mining Limited, Oil Search and Exxon Mobil to start implementing the new Cabinet decision.
The roads when constructed using tax credit schemes will be managed by the financier.