The China Export Import (Exim) Bank and…

The China Export Import (Exim) Bank and the Papua New Guinea Government have made available a total of $US195 million to establish a marine park within 12 months.

This announcement was made last Friday by Minister for Trade, Commerce and Industry Richard Maru, after receiving the phase one detailed designs of the marine park from China Shenyang International Economic and Technical Cooperation Limited, the company that is building the Pacific Marine Industrial Zone (PMIZ) project in Madang.

http://www.pina.com.fj/?p=pacnews&m=read&o=1689242858553dd42a335c5dfb45aa