The Japanese Special Economic Zone (SEZ) experts from the Japan Development Institute (JDI) visited Middle Ramu District in Madang Province today to assess its viability to be a SEZ. Middle Ramu SEZ is targeted for large-scale rice and pineapple development. The experts were led by Middle Ramu MP, Hon. Kansol Kamdaru and Madang Governor, Hon. Ramsey Pariwa.
The JDI team will visit the proposed Rai Coast SEZ tomorrow, led by Vice Minister for International Trade and Investment and Rai Coast MP, Hon. Kessy Sawang. They will visit Finschaffen in Morobe Province and Pomio in the East New Britain Province next week, followed by visit to the proposed Port Moresby Industrial Park and Western Province before they conclude their visits to all the proposed SEZ locations in the country.
JDI have been working with the local experts to help Papua New Guinea (PNG) formulate its SEZ Masterplan. The draft Masterplan will be presented in April this year when PNG hosts its very first SEZ Summit in Port Moresby where all SEZ experts from around the world will come together to share their story and experience on how their countries used SEZs as a vehicle for economy growth.
“These experts will be given the opportunity to comment and put their input in the draft Masterplan before it is finalized and presented to the Government for approval and implementation,” said Minister for International Trade and Investment, Hon. Richard Maru.
