Papua New Guinea Government

Govt Signs Deal With Chinese Investor

This is according to Mining Minister, Johnston Tuke when signing a blanket Memorandum of Understanding (MoU) last Friday, 11th of November, with a Simon Energy Resource Co. Ltd of P.R China.

The company is an upstream oil and gas subsidiary of the Jaxin Group in respect to mineral projects in PNG.

K13m Grant Assistance

The funding will be for road construction and maintenance projects in West Sepik, Manus, Milne Bay and Enga provinces

Japan’s Ambassador to Papua New Guinea, Nakahara Kuniyuki said, “Japan is committed to working together with PNG for the development and the welfare of its people.

“Japan believes that road is one of the most important infrastructure to develop the country.”