State-owned entity assures continuity of good results


PNG Ports Corporation Limited is confident of its milestone achievements and will continue to deliver Government policies in the maritime transport sector, says chairman Nathaniel Poya.
Speaking at the announcement of his reappointment as chairman, Poya said the board had made major investments in the K450 million Motukea Port Development project and the soon to be developed K350 million Huon Industrial Park.
“The decision by the Government is a show of confidence in my board as this will ensure continuity at the board level.
“Three consecutive years of profitability and dividend payments to the Government, and we hope to continue this with the board having people with high calibre who have the business and professional experience to work with the management of PNG Ports.
“Thank you on behalf of the board members for the confidence and support that we have received from the Government and from all of you.
“I want to assure Minister Duma and the Government that we are committed to drive PNG Ports and to support the Government deliver its policies in the maritime transport sector,” he said.
Acting managing director Stanley Alphonse acknowledged the Government for finally appointing the board of directors to provide guidance.
“The reappointment of the chairman and members of the board speaks well for PNG Ports as it ensures continuity.
“We also welcome additional members with the commercial and professional skills and knowledge that will enable us to sail with the company.
“Everyone has an important role to play in the achievements and success of this entity.”

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