Sunday, December 22, 2024
HomeNewsBusinessPNG to be debt-free by 2030: Marape

PNG to be debt-free by 2030: Marape

By CLIFFORD FAIPARIK

PAPUA New Guinea will be debt-free in 12 years time Prime Minister
James Marape says.
“By 2034 we will have no debts, by
2030, PNG will reach a K200 billion
economy, by 2030 free education
will be in full swing, by 2030 roads
will link all over the country through
the Connect PNG program, by
2030 we will have all the infrastructure sup. We (government) have seen
the destination and we are planning
and working towards achieving that
goal.”
Marape also said that Papua New
Guinea was not greatly affected by
the coronavirus pandemic unlike
what is happening in other countries.
“That is because we have mothers
praying for us.”
Marape said that in Magarima station
in Hela Province last Friday.
The Prime Minister also announced
the awarding of more than K1.4 billion of road contracts around the
country.
The K1.4 billion worth of road contracts add to those already in place
under the Government’s Connect
PNG program, of which about K1
billion had been expended in the past
two years.
The contracts are:
K159 million for the Ramu-Madang
stretch of the Ramu Highway in
Madang;
K147.5 million for the first stretch
of the Wewak-Vanimo Highway up
to Aitape;
K115.9 million for the Momote Airport-West Coast Road in Manus;
K164 million for upgrade of
Imulima Bridge-Moreguina stretch
of Magi Highway in Central, to link
with Milne Bay;
K70 million for Bautauma-Imulima
Bridge section of Magi Highway in
Central;
K138.5 million for New Britain
Highway from Kimbe in West New
Britain to Kokopo in East New
Britain;
K400 million for Yalu BridgeNadzab Four-Lane Highway in
Markham Valley of Morobe;
K50 million for sealing of KiungaTabubil Highway in Western, which
will ultimately lead on to remote
Telefomin in West Sepik;
K15 million for sealing of Daru
Town roads;
K66 million for Bulolo Highway resealing; and,
K80 million for sealing of HalimbuKoroba Road in Hela;
“Over the last two years, we have
spent almost K1 billion on roads in
Papua New Guinea,” Marape said.
“Roads are already going into remote
places like Maramuni in Enga,
Karimui in Chimbu, Simbai in
Madang and Finschhafen in Morobe.”

- Advertisment -spot_img

Most Popular

error: Content is protected !!