TechInPacific – Two major fishery projects are underway in Morobe and Madang, according to Fisheries and Marine Resources Minister Dr. Lino Tom.
He also revealed that the Voco Point facility will cost approximately K100 million.
“The building of such facilities will give much-needed chances for local fish farmers (both in-land and coastal) to market their fishery products and generate income,” Tom explained.
The National Fisheries Authority (NFA) and Fisheries and Marine Resources Department develop the projects.
“Funding for the project is ready. We are just waiting for the final business plan to be completed and other necessary requirements before the before the project goes on tender in August, Tom said.
“Tender for the Wagang fisheries wharf feasibility studies will be awarded soon while the Pacific Maritime Industrial Zone (PMIZ) project in Madang has been given a ministerial economic committee approval and should start any time after the Treasury approved the loan.”
Similar projects are being planned in other maritime provinces.
John Kasu, NFA managing director shared that jetties will be built on Huon Gulf, Finscchafen, and Tewae-Siassi soon.