The MOU was signed during a ceremony by RDFG, the National Fisheries Authority (NFA), Kumul Consolidated Holdings (KCH), and the Ministry of International Trade and Investment (MITI).
Witnessing the signing were Prime Minister Marape, Minister for International Trade and Investment Richard Maru, State Enterprises Minister William Duma, and Fisheries Minister Jelta Wong.
Under the MOU, RDFG and the State will engage in negotiations to establish a fishing company in Madang.
