Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ADB To Help PNG Improve Maritime Safety and Efficiency


ADB To Help Papua New Guinea Improve Maritime Safety And Efficiency

PORT MORESBY, PAPUA NEW GUINEA (29 January, 2013) – The Asian Development Bank (ADB) and Government of Papua New Guinea (PNG) signed a loan worth $41.5 million to fund the Maritime and Waterways Safety Project which will help improve navigational aids, allowing ships to travel more safely through PNG’s largely unchartered and often unsafe waters.

The signing ceremony was attended by Don Polye, Treasurer, the Government of Papua New Guinea, Marcelo Minc, Country Director of ADB’s Papua New Guinea Resident Mission, and Chris Rupen, General Manager/CEO of the National Maritime Safety Authority. Yasuhiro Yamauchi, First Secretary, Embassy of Japan in Papua New Guinea witnessed the ceremony, as the ADB-administered Japan Fund for Poverty Reduction (JFPR) supported preparatory work for the project.

With over 600 islands spanning a total sea area of over 3.1 million square kilometers, PNG relies heavily on its network of coastal shipping services. The reliance of coastal communities on shipping services is amplified by the country’s limited land-based transport network.

“The Maritime and Waterways Safety Project will upgrade the existing navigational aids network, reducing risks such as the blockage of shipping channels which causes serious injury, loss of life, and environmental damage,” said ADB’s Marcelo Minc. “The project will establish a safe and efficient maritime transport environment for national, regional, and international shipping traffic.”

65% of PNG’s population who live in coastal areas will be the main beneficiaries of the project which will deliver improved passenger and cargo services and provide better access to health, education, and other services. The project will make safety information more readily available and maritime safety communities of practice will be established. Regional and international maritime transport services will benefit, as monitoring and surveillance systems are renovated and search and rescue capacity improved.

The project will also provide direct support to local communities via an existing community engagement program through which provincial and community lighthouse committees monitor and secure the condition of navigational aids. The involvement of local people in the project will boost community ownership and provide income generating opportunities. The participation of women will be encouraged.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth and regional integration. Established in 1966, it is owned by 67 members -- 48 from the region.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

March 2017: Commerce Commission Delays Decision On Fairfax-NZME

The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. More>>

ALSO:

Plan Plan: Permanent Independent Hearings Panel Proposed For Planning

The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. More>>

ALSO:

Statistics: NZ Jobless Rate Falls To 5.1% Under New Methodology

New Zealand's unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while a growing economy continued to support jobs growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news