Papua New Guinea will see operations at the new Pacific Marine Industrial Zone (PMIZ) kick off at the beginning of next year, ahead of the general elections in April, reports EM TV.
The project cost about $235 million (€221.9 million) and will establish 10 fish canneries and port infrastructure.
Since its initiation in 2006 by PNG National Fisheries Authority and Fishing Industry Association, the project has been on hold for various reasons including environmental and landowner issues.
According to the National Fisheries Authority, it aims to promote the development of basic infrastructure and to reduce post-harvest losses via the construction of a modern fishing port complex in Vidar plantation -- where the PMIZ will be built -- in the Madang Province.
The
