Minister: NFA ready for Pacific marine industrial zone project

Business

THE National Fisheries Authority (NFA) is ready to implement the Pacific marine industrial zone (PMIZ) project, says Minister for Fisheries and Marine Resources, Dr Lino Tom.
Dr Tom held a meeting in Madang recently to present to the Government and provincial government the fisheries potential of the PMIZ project.
“The PMIZ will contribute to developing a vibrant, broad-based, and value-adding fisheries sector that will be globally competitive and domestically inclusive, providing revenue for the Government, creating wealth and securing food for the people,” he said.
“This is a national project of paramount importance that will create jobs and grow our economy.
“This is regional project that positions us as a competitive regional hub and global leader in the tuna economy.”
According to the NFA, the project has been delayed for more than 15 years.
The Government plans to proceed with the implementation of the project first mandated by Government in 2008.
The Fisheries ministry and the NFA will work with Treasury on financing options.
“Work with us to get the PMIZ back on track and finally bring this momentous vision to life,” Dr Tom said.