Wangatau: Transformation Should Include Sector Wide Strategy

by PNG Business News - August 30, 2021

Photo Credit: National Fisheries Authority

The absence of a sectorwide strategic plan detailing the sector's future roadmap has been a significant flaw in the transformation.

Chairman of the National Fisheries Authority Ango Wangatau made this comment during the introduction of the NFA's 10-year strategic plan.

While annual development programs were driven primarily by the parameters of annualised budget planning, he claimed the tuna processing industry operated primarily as a rent-seeking revenue stream from the Vessel Day Scheme and underperforming tuna processing plants that sought disproportionate rebate support from the state.

True progress, he added, should be judged not by GDP but by the degree to which people are given the chance to participate in the betterment of their own lives.

“The founding fathers recognised that we had abundant natural capital that can be converted into economic wealth and they warned that the process should not be done through careless irresponsible actions but through responsible sustainable means,” Wangatau said.

“These founding principles of development are still very relevant today as they were more than 40 years ago.

“Unfortunately, in our short history, we have moved away from these noble principles and followed a road map that is inconsistent with our own Melanesian beliefs of inclusivity and sustainability.

“The result has been the unsustainable overexploitation of our natural resources, over-dependence on the export of raw materials and denying ourselves maximum export earnings on the value of exports, the marginalisation of our people, overdependence on rent-seeking modes of development and creation of a culture of dependency in our communities.

“Clearly, this is not the development road map that our founding fathers envisioned.

“Correcting it has therefore become necessary in all sectors of our economy.

The fisheries sector is no exception.”

Despite numerous changes, he added, there are still problems in translating reforms into tangible broad-based prosperity that includes ordinary Papua New Guineans and their significant contribution to progress.

As a result, he explained, the strategic plan would focus on creating enabling infrastructure and improving the industry's operating environment.

“This will involve investment in dedicated fisheries development and transportation infrastructure such as wharves, ports, jetties, slipways and onshore facilities to enhance the competitiveness of the industry.”

 

Reference: Yafoi, Melisha. Post-Courier (27 August 2021). “Resources Important For Growth”.



Related Articles

Agriculture

PNG Business News - March 11, 2021

National Fisheries Authority Signs MoU with Korea

To collaborate in fisheries infrastructure development, the National Fisheries Authority (NFA) has signed a Memorandum of Understanding (MOU) with the Korea Fisheries Infrastructure Public Agency of the Republic of Korea on Fisheries Ports Development. The MoU provides a framework for both these groups to facilitate the sharing of best practices and exchange of technical and administrative human resource in the Fisheries Ports Development. This is also to support the development of the fishing industry.  National Fisheries Authority Managing Director John Kasu said, “We’ve been having these discussions with the public agency in Korea and that has been for a number of years. So finally last year we agreed and as a result of that we agreed and as a result of that, we developed this MOU.” He said that this MoU is significant because they are building important fisheries infrastructure at the moment. “So it’s an important MOU, for us moving forward,” he said. Ambassador Kang, meanwhile, said. “The signing ceremony today may be small, but I’m sure this event is a big step toward our solidarity and our partnership in the future.”

Agriculture

PNG Business News - March 11, 2021

Government on Track in Increasing Fisheries Products

According to the National Fisheries Authority, the government is on track to increase downstream processing of fisheries products to 50% by 2025. Papua New Guinea had already accomplished around 23% of the goal, according to Authority managing director John Kasu. “There are a number of (government) objectives such as downstream processing which we have to increase by 2025 – a 50 per cent production,” he said. “We are faring very well to meet the targets and, this year, we have already achieved about 23 per cent. The objective is to grow the sector and invest in infrastructure, bring the cost of doing business in Papua New Guinea down so that we get a lot of business happening.” The key driver, according to Kasu, will be tuna fisheries, with revenue generated going toward developing other fisheries such as coastal and inland. “That’s basically the drive for the next 10 years,” he said. “On tuna, 70 per cent is being exported. The aim is to reduce that number and (have) internal processing plants. Rather than exporting, we can put it through the factories here.” The 2.4 million square kilometre PNG fisheries region is the highest in the South Pacific. It has a large reef system, a number of islands, and a long coastline. It presents a significant monitoring and control problem. On average, the overall market value of the PNG capture is projected to be between K350mil and K400mil.

Agriculture

PNG Business News - March 11, 2021

NFA Seeks to Develop Fishing Industry

The National Fisheries Authority seeks to develop infrastructure in order to grow PNG's fishing industry. According to NFA managing director John Kasu, the company has already submitted a 10-year strategic plan to the National Executive Council, which will be unveiled in April in Parliament to lay the groundwork for the fishing industry's future. “Our aim is to build proper infrastructures such as ports and jetties and when we have proper infrastructures it will attract more investors and that will bring the cost of doing business down,” he said. Kasu claims that doing business in the country is costly and that most fisheries factories aren't running at full capacity. Currently, factories are producing about 30% because they are not receiving enough fish to process, and the NFA aims to raise that production to 80 or 90%. “Our outlook for 2021 is to start work on building the important fisheries infrastructure project such as the Wagang Fisheries Port project in Lae and other major fisheries ports,” he said. “We will be also working on other projects such as the Tuna terminal project in Rabaul and also small jetties throughout the coastal areas in the country.” NFA, he said, would look at downstream manufacturing to ensure that they can increase output as well. When they increase demand, more fish would be available to the factories, allowing them to operate at maximum capacity. Kasu clarified that, unlike other industries, the NFA has been largely unaffected by the COVID-19 pandemic since most of their fishing vassals operate offshore and the NFA has a large offshore presence.


Recent Articles

Mining

PNG Business News - September 16, 2021

Engaging the global crowd to design the electric mine of the future

Today, the Electric Mine Consortium (EMC) launched the ‘Electric Mine Simulation’ crowd challenge in partnership with the OZ Minerals Think & Act Differently ideas incubator and Unearthed. OZ Minerals, IGO, South 32, Blackstone Minerals, Evolution Mining, Barminco and Goldfields have committed to significantly reducing their carbon footprint. These seven mining companies along with a number of partner companies, have come together to form the Electric Mine Consortium, a collaborative group seeking to accelerate progress towards a fully electrified zero carbon and zero particulates mine.  Electrification of mine sites is a critical step change needed for the mining industry to achieve a zero carbon future. Switching to electric and renewable energy represents a transformational shift that will change the way mines are designed. This challenge is about using simulation to understand the impacts of electrification on mine design and through this challenge the EMC is looking to find innovators that can help do this.  The eight-week online challenge invites companies and individuals from around the world to propose an approach to designing an open architecture, mine design simulation platform that can initially be used to compare a fully electric underground mine with its traditional diesel powered equivalent. Brett Triffett, Transformation Technologist, from OZ Minerals explained, “there is a great opportunity to use whole-of-mine simulations that integrate all of the dependent systems so we can understand the holistic value in transitioning from diesel to electric solutions in underground mines.  We would like to be able to quickly build and test different mine designs and compare things like productivity, costs, emissions and energy requirements. We think that eventually this capability could be expanded to include the entire mining value chain. We have invited the crowd to propose solutions because we are not currently aware of a platform that meets this brief.  What we have learned from running previous crowd challenges is that there are often people from outside our industry who have ideas or technology that can be applied to mining. These people are often unknown to us and in many cases they are unfamiliar with our industry.  By participating in a crowd challenge, innovators can access a new market and be supported in developing new products and business models.”. A selected cohort from from this challenge will join the Think & Act Differently incubator and be supported in developing a demonstration of their solution.  The incubator program is a supportive environment that includes; funding, mentoring, opportunities for collaboration, capability uplift and exposure to mining data and mining operations from across the EMC members.

Company

PNG Business News - September 15, 2021

Weir Minerals strengthens its partnership with international technology group, Andritz

Weir Minerals and Andritz have signed an agreement at MINExpo 2021 expanding their shared commitment and strategic cooperation to supply equipment for processing tailings in the mining industry. The foundations of this agreement have been built on a shared understanding and vision to enable the sustainable and efficient delivery of the natural resources essential to create a better future for the world. Since 2018, Weir Minerals’ and Andritz’s partnership has seen them collaborate on joint tailings projects. This shared history as partners – a collaboration made stronger by the quality of individuals on both teams – has reinforced their abiding belief that together, both Weir Minerals and Andritz are stronger. This shared success has led both Weir Minerals and Andritz to renew their on-going commitment and announce they’ll be expanding their offer to all regions around the globe.   Utilising Andritz’s proven separation and dewatering technologies, Weir Minerals has strengthened its whole-of-mine capabilities, showcasing market-leading products from extraction to comminution, mill circuit and tailings management. ‘Weir Minerals has been providing tailings solutions for decades; we have dedicated research facilities – the Weir Technical Centre in Melbourne, Australia and the Sustainable Mining Centre in Venlo, Netherlands – that are challenging conventional ways of thinking about tailings, while also developing practical, innovative and sustainable solutions that will reduce operating costs and improve safety,’ Ricardo Garib, Weir Minerals Division President said. ‘Decreasing ore grades mean that mines are producing more tailings than ever before. One of the challenges with tailings management is that there cannot be a one-size-fits-all approach; each mine requires a tailored solution that carefully considers the minerals being processed, as well as the site’s climatic and geological conditions. Weir Minerals prides itself on having both the expertise and equipment that allows us to partner with miners everywhere to plan and implement tailings solutions based on their operations’ unique challenges and this agreement with Andritz enhances those capabilities,’ he said. ‘Andritz has a long history working across a range of different industries. We are very proud of the work we’ve done with Weir Minerals; together, we’re excited about continuing to provide a joint offering of sustainable and value-added tailings solutions. Both companies bring a different expertise and know-how to the partnership; we complement one another and ultimately it’s our customers who’ll benefit,’ Steve Huff, President Andritz Separation said. Tailings management forms an important element of Weir Minerals’ broader integrated solutions approach, which considers problems and challenges from all perspective and draws on a range of experts – process engineers, design engineers, product experts and materials scientists, among others – to identify potential challenges and opportunities and provide tailored solutions. ‘This latest agreement enhances our overall tailings offering and enables us to provide our customers with a complete tailings solution. Under the brand name IsoDry, we will continue to offer customers a range of mechanical separation technologies, such as thickeners, filter presses, centrifuges, and vacuum belt filters,’ Charlie Stone, Weir Minerals VP Sales and Business Development-Mill Circuit said. Weir Minerals has strengthened its tailings team to support the market and ensure that it can provide innovative solutions based on each customer’s specific requirements. The agreement provides the opportunity for potential future collaboration on technology, harnessing Andritz’s market-leading separation technology in conjunction with Weir Minerals’ minerals and tailings processing technology. Many of these products – Warman® pumps to transport fluid tailings, GEHO® pumps to handle paste, Cavex® hydrocyclones to dewater tailings and the Multiflo® range of dewatering solutions – have been integral to helping miners manage their waste for generations. Weir Minerals and Andritz have also reiterated their shared commitment to sustainability; it is an essential part of both their business and corporate strategies. Both companies have outlined ambitious plans to reduce their carbon emissions, while their approach to ESG initiatives extends to all aspects of their organisations.  ‘Shareholders and stakeholders are rightfully demanding more sustainable mining practices and tailings management is an area where there’s a lot of scope for improvement. Weir Minerals wants to play a central role in changing how the industry thinks about and manages tailings. Ultimately, we believe that sustainable solutions are not only environmentally beneficial, but also reduce operating costs and minimise risk,’ David Almond, Weir Minerals Global Director, Product Management Process said.  ‘Weir strives to make our customers more sustainable and efficient; it’s core to our purpose and at the heart of what we do. We believe that embedding sustainability throughout our organisation protects and creates long-term value for our stakeholders and secures the long-term future of Weir. Our approach to tailings management is an extension of our broader corporate strategy. There is scope to make long-lasting, impactful change in how the mining sector thinks about and manages tailings and Weir is proud to be one of the industry leaders,’ Jon Stanton, Weir Group Chief Executive said. 

Business

PNG Business News - September 15, 2021

STAKEHOLDERS VIEWS CRITICAL FOR BETTER RESOURCE GOVERNANCE: ALKAN

Head of the PNGEITI Mr Lucas Alkan last week in Wabag at the opening of the consultation. The Head of the PNG Extractive Industries Transparency Initiative (EITI) Mr. Lucas Alkan has issued a strong challenge to stakeholders in the extractive industries to embrace and promote the work of EITI in Papua New Guinea to derive best value from the industry. Mr. Alkan spoke of this last week in Wabag when he opened the upper highlands regional consultation on a proposed law to transition the PNGEITI into a statutory authority.  “PNG EITI is a government driven initiative to promote transparency and accountability in the PNG mining and petroleum space which has been driving the PNG economy for a sustained period of time. “But there is this misconception about proceeds from mining and petroleum activities not being translated well into development on the ground and this sentiment is shared by many at both the provincial and national level. “What PNGEITI is doing is to shed light on the leakages on revenues and proceeds from the mining and petroleum activities with the ultimate aim of improving governance in the mining and petroleum sectors using international best practice standards to see the desired development outcome from this important sector. “Seven years into PNGEITI implementation in PNG, we’ve now seen the need to make the PNGEITI administrative body, the PNGEITI into a statutory body to see more improvement in the EITI reports to enhance good governance in the sector to derive the best development outcome.   “We’ve covered two regions; the New Guinea Islands and Momase regions and we are now conducting consultations in Enga and Eastern Highalnds to cover the big highlands region. “I encourage the best knowledge and views from all stakeholders from the stakeholders in these consultations so that we give birth to a law that truly reflects the genuine views of all stakeholders for better development outcomes. A State Technical working group comprising the Department of Petroleum, State Solicitor, Internal Revenue Commission, Department of Personnel Management, Department of Treasury, the National Economic Fiscal Commission and Department of Finance were in the Enga capital, Wabag for a four days consultation for the Upper Highlands region” “PNGEITI has been in operations since 2014 effected by a NEC decision and now we are moving into the next step in anchoring this extractive industry reporting process into PNG’s legal and administrative system. PNGEITI published 7 reports detailing activities taking placing inn the PNG mining and petroleum space,” Mr. Alkan said.   Article Courtesy of PNG Extractive Industries Transparency Initiative

Join Papua New Guinea's

Business Community

Be the "First" to get our exclusive Digital Magazine & Weekly Newsletter.