PNG Ports to begin on K350m industrial park project

National

PNG Ports Corporation is to start the K350 million the Huon Industrial Park at the western end of the Lae Tidal Basin soon.
Acting managing director Stanley Alphonse said they would commercialise about 61 hectares of the land that was situated towards the west end of the Tidal Basin to carry out the project.
“The industrial park will be constructed at the western end of the Tidal Basin. We will bring necessary utilities and do all the civil works over there and then we will sub divide it and resettle under long-term concessions to corporate corporations.
“We will be doing long term business in terms of the wet bulk and the dry bulk aspect of our cargoes.
“The eastern side of the Tidal Basin will take on the containerised cargo, that’s where the K350m will be earmarked to develop it but the business case over there is very strong,” Alphonse said.
He said the Tidal Basin was operational and Consort Express Lines was operating out of that facility at the moment.
“Once we get the international terminal operators they will operate it.
“The operators, have come and seen it and they are comfortable with the structure,” he said.
On the relocation to Motukea Port, Alphonse said the coastal side of the business has already been relocated and in operation.
“The coastal side of the business is already being relocated and it’s now operating at Motukea.
“The progress with the new international facility is on track, and we anticipate having an international facility with ship to shore equipment in place by Sept or Oct next year.

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