PM MARAPE WELCOMES JAPANESE THINK TANK INTO PNG TO PROGRESS SPECIAL ECONOMIC ZONE CONCEPT

By: PNG Business News October 26, 2022

Photo: Tokyo meeting last month

Prime Minister Hon. James Marape has welcomed Japanese think tank Japan Development Institute (JDI) into Papua New Guinea to help develop a new Special Economic Zone (SEZ) Master Plan for the country and work with partners like the Asian Development Bank (ADB), Japan International Cooperation Agency (JICA) and the World Bank to build SEZs right across the country.

The visit of JDI CEO and Chairman, Dr. Shoichi Kobayashi, follows an invitation by PM Marape during a meeting with him in Tokyo last month.

PM Marape at the Tokyo meeting was accompanied by International Trade and Investment Minister Hon. Richard Maru, East Sepik Governor Hon. Allan Bird and Papua New Guinea Ambassador to Japan Hon. Samuel Abal.

Minister Maru and Ambassador Abal also had comprehensive discussions with Dr Kobayashi to progress the SEZ concept in PNG as a matter of urgency, starting with the Pacific Marine Industrial Zone (PMIZ) in Madang.

Dr Kobayashi and Ambassador Abal will be in PNG this week to further discussions with the Government on progressing the SEZ concept.

They met with the SEZ Authority and Minister Maru today (October 25) and visited the Rigo Rice Project in Central.

Tomorrow (October 26), they travel to Madang to visit the PMIZ and Middle Ramu, and will overnight there.

On Thursday (October 27), the team meets with PM Marape and Treasurer Hon. Ian Ling-Stuckey in Port Moresby, and will return to Japan on Friday.

“I welcome JDI into PNG and thank them for responding promptly to my invitation when I was in Tokyo on September 27,” PM Marape said.

“I thank them for coming to PNG to progress the SEZ concept.

“We have moved ahead with passage of the Special Economic Zones Authority Act in 2019, so the political will is there, it’s just a matter of getting the nuts and bolts in place.”

The JDI is an independent think tank/consulting firm, specialised in international development. It was first established in 1982 as the World Consultant Service (WCS) and later changed its name as JDI after merging with the think tank of the Institution of Engineering Consulting Firms Association, Japan (ECFA) in 1997. With its distinguished experts from numerous disciplines and the network with its associate institutions and experts in the world, JDI provides a broad range of consulting services in the field of development, carries out practical studies, and proposes concrete projects and strategies.

Starting with industrial development in southern Thailand in 1978, JDI has dealt with 40 SEZ projects in 20 countries, to date.


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