In a major step toward strengthening Papua New Guinea’s industrial base and economic self-reliance, Prime Minister James Marape has officially launched the $400 million Pacific Lime and Cement Project at Kido Village, describing it as a transformative milestone for the nation’s future.
Surrounded by landowners, local leaders and government officials, Marape said the investment would reshape the country’s construction and manufacturing landscape, reduce import dependency and empower local communities.
“This project is a significant investment that will provide a substantial boost to our economy and demonstrate our commitment to industrial development,” he said.
Developed by Mayur Resources and designated as part of a Special Economic Zone, the facility is expected to create over 1,000 direct and indirect jobs. It will produce quicklime and cement locally, replacing imported products, and contribute to public revenues through taxes and royalties.
“The project will create over 1,000 direct and indirect employment opportunities, replace imported materials with locally produced quicklime and cement, and contribute significantly to government revenues through taxes and royalties,” Marape said.
He also noted the project’s favourable location near key infrastructure and ports, allowing for efficient transport and export of materials across the country and the region.
Central Province Governor Rufina Peter welcomed the long-awaited initiative, calling it an example of what’s possible through partnership and shared goals.
“This project demonstrates what can be achieved when all stakeholders work together with a shared vision and mutual respect,” she said.
Hiri-Koiari MP Kieth Iduhu also praised the launch, emphasising the shift it represents in PNG’s development trajectory.
“Today marks a pivotal step for Papua New Guinea's economic development as we strive to transition from import dependency to local production and export capabilities,” he said.
The project has also drawn strong support from local landowners, whose cooperation and patience have been instrumental during the planning and development phases.
Mayur Resources Managing Director Paul Maulder expressed his appreciation, noting the depth of the relationship built with the Kido community.
“We are extremely privileged to have worked alongside the local landowners for the past decade, and their unwavering support and partnership have been instrumental in our success,” he said.
For families in and around Kido Village, the project represents more than just jobs. It is an opportunity for long-term development, education, skills training and a future anchored in local enterprise.
The Pacific Lime and Cement Project is part of the government’s broader strategy to build a diversified economy and unlock the potential of key industries beyond oil, gas and mining. It joins a growing list of Special Economic Zone initiatives aimed at catalysing private investment, reducing reliance on imports and increasing domestic value-added production.
With support from national, provincial and local stakeholders, and with its promises of jobs, skills and revenue, the Pacific Lime and Cement Project is poised to become a cornerstone of PNG’s industrial future.
