Chinese loan set to complete PMIZ

The Following information (Ref no. MSW_11/2018-16S) was received and entered into the system:

National Planning and Monitoring Minister Richard Maru says they will get a loan from the Chinese Exim Bank to develop the incomplete Pacific Marine Industrial Zone in Madang.
Maru said this on Wednesday when addressing the Consultative Implementation and Monitoring Council National Development Forum in Port Moresby. He said the Government was hoping the loan would be approved this week with construction to start next year.


Category: Maritime

Type:  Current Affairs

Source: Reliable

Information: Confirmed

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