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

 

Season Ends: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news