Central City plan endorsed

National, Normal
Source:

The National, Wednesday 03rd April 2013

 THE National Executive Council has endorsed a proposal by the department of national planning and monitoring for the Central City project.

Prime Minister Peter O’Neill said the department would facilitate an independent project review and audit of the project.

“The National Executive Council endorsed the transfer of the Central City development project funds parked in the Central provincial government special project trust account to the Central City project trust account previously held by the Department of Finance,” he said.

“Cabinet has also approved the endorsement of Governor for Central province Kila Haoda as chairman of the Central City development project steering committee.”

O’Neill said cabinet had noted the reimbursement of project funds valued at K5 million which was given to the Koiari landowners.

He said amendments would be made to the current trust instrument of the Central City Trust Account.