Paul Nerau

This was announced by KCH Chairman, Paul Nerau, during the launching of the Port Moresby International Business Summit in Port Moresby.

Nerau said the rezoning is to convert the waterfront from an industrial zone to a commercial one.

“We have had a lot of approaches from different organizations from locally and overseas. We also have a master plan already, so as part of the ongoing development of Port Moresby City, the waterfront, we have that already happening,” he said.

Speaking to Loop PNG, Nerau said ratification of the defects have been rectified and they have now moved to tender the operation of the Lae Port, including the Motukea Port outside of Port Moresby.

He said an operator is expected to be announced soon.

Phase one of the Lae Tidal Basin wharf, whch cost K809 million began early in 2012 by China Harbour Engineering Limited (CHEC) and was completed at the end of 2014.

Before Phase Two could begin, defects were discovered by Australian engineering company AECOM, following a siltation study in 2015.

The late Kamma  was the Minister assisting the Prime Minister when he passed on.

He was Member for South Bougainville and a staunch member of the United Resource Party.

He was Bougainville Affairs Minister in the 2011-12 O’Neill-Namah Government and retained the ministry after winning the 2012 National Election.