Provincial Governments

The State and Ramu 2 Hydro Developer, Shenzen Company Limited, are finalizing discussions with the launching expected in November.

Under the agreement the State along with the Provinces of Eastern Highlands and Morobe, and Landowners will own 30% while Shenzen Energy has a 70% stake.

Minister for State Owned Enterprises, William Duma, says discussions with landowners and the Province have already commenced and they are awaiting the commercial agreement to be finalized.

Justice Ipang made these remarks in court on Friday when sentencing Western Governor Ati Wobiro, former Western Provincial Administrator Dr Modowa Gumoi, and Fly Care Foundation Inc. boss Norman Carl May to 10 years in prison.

He said certain individuals in the Western Province were not happy with the MOA which was led to Fly Care Foundation Inc being the caretaker administrator of development projects in the province.