Second phase

Govt To Fund K782m Project

Treasurer Ian Ling-Stuckey said the project will cost approximately K782 million.

“An ambitious target has been set to provide access to electricity for 70 percent of the PNG population by 2030,” he stated.

“About 15 percent of the population currently have access.

“Providing electricity is critical for economic growth. It not only increases standards of living but provides for essential services from hospitals and schools and keeps businesses operating efficiently.

PMIZ Project 2nd Phase to cost $US 156 million

Madang MP and Minister for Transport and Infrastructure, Nixon Duban clarified on Tuesday, May 10, during the Madang Provincial Assembly meeting when addressing provincial government members.

Duban told the Madang provincial assembly that PMIZ is a big project which is  being discussed by the National Government.

He further clarified that the mandate has been given to the Treasury Department and that funding would come from a National Executive Council (NEC) submission.