EU-STREIT PNG started work on two additional farm-to-market access roads in Sandaun and East Sepik provinces totalling 56 plus km, to serve over 16,000 villagers, including businesspersons, women and school children, with improved access to towns, health posts and schools. The International Labour Organization (ILO) under the EU Funded UN Joint STREI...
The president & chairman of Papua New Guinea's Fishing Industry Association (FIA), Sylvester Barth Pokajam is calling on the new Government to reform its National Fisheries Authority policy document. This policy document provides the legal framework and guides the regulatory regime of the fisheries sector. The policy should focus more on key areas ...
According to International Trade and Investment Minister Richard Maru, the construction cost of the Pacific Marine Industrial Zone (PMIZ) project in Madang may be close to K1 billion. Maru stated that although the government had set out roughly K70 million for the project, it might not be sufficient. “We are going to make sure that PMIZ is going to ...
Photo: James Marape Prime Minister Hon. James Marape says fisheries must be put on the pedestal in Papua New Guinean as a major business for the country. He said this today (Tuesday September 6 2022) when addressing the Provincial Fisheries Conference in Port Moresby organised by the National Fisheries Authority (NFA). PM Marape challenged the NF...
EU-STREIT PNG collaborates with registered enterprises (nurseries) to sustainably supply quality cocoa seedlings in the Sepik region of Papua New Guinea. The Food and Agriculture Organization of the United Nations (FAO), under EU-STREIT PNG Programme, in its mission to increase the production of high-quality cocoa that will improve the agribusiness of ...
The Australian government has signed a new five-year deal with foreign fisheries agencies to address illegal fishing in the Pacific region including Papua New Guinea waters. This was revealed by Australian Foreign Affairs Minister Penny Wong in response to questions on illegal fishing. Wong, who was on a three-day visit, said that access to sovereignty...
Prime Minister Hon. James Marape Hon. James Marape says “the story of our country is not bad” as many make it out to be. He said this today (August 31 2022) when welcoming the 2022 Mid-Year Economic and Fiscal Outlook (MYEFO) presented by Treasurer Ian Ling-Stuckey which highlighted the fact that the Papua New Guinea economy was on the rebound. PM M...
EU-STREIT PNG joins hands with rural youth groups in Papua New Guinea to celebrate the International Youth Day with a message for young population to become proactive and take part in agri-food value chain businesses. The EU-STREIT PNG Programme in collaboration with rural youths and students in the Greater Sepik region marked the International Youth ...
To build the capacity of the local workforce to support rural road transport infrastructure development projects in Papua New Guinea, the EU-STREIT PNG Programme trained and upskilled a new batch of interested young men and women in the Sepik region. The EU Funded UN Joint STREIT Programme continues to train more young people from rural Sepik with the...
Photo credit: Post Courtier - Benny Popoitai Bank of Papua New Guinea (BPNG) claims that the government has to concentrate more on an export-driven strategy. This statement on the country's current amount of foreign exchange was given by acting governor Benny Popoitai. He said that the amount of foreign exchange reserves was $3.08 billion as of M...
Photo: The EU Funded UN Joint STREIT PNG Programme established the “STREIT Innovation Fund” to support local MSMEs and entrepreneurs and stimulate investments in cocoa, vanilla and fisheries value chains The Food and Agriculture Organization of the United Nations (FAO), under the EU-STREIT PNG Programme, has launched an Innovation Fund to stimulate inv...
The EU Ambassador to PNG launched a new transport infrastructure project in East Sepik which improves access to market, business opportunities, health aids and schools for more than 2000 villagers in a ground-breaking ceremony. His Excellency, Ambassador Jernej Videtič, the Head of the European Union Delegation to PNG was in East Sepik recently to ina...
Prime Minister Hon. James Marape hits the ground running in the frontier-breaking clean green energy projects he has been championing over the last two years when he met with leaders of Fortescue Future Industries (FFI) in Singapore recently to progress the talks further. He said from Singapore FFI has voiced its intention to partner Papua New Guinea i...
EU Funded UN Joint STREIT Programme in Papua New Guinea establishes a renewable energy-powered facility to support local government authorities in East Sepik Province, in delivering effective services to rural farmers and entrepreneurs. With generous support of the European Union, the FAO-led EU STREIT Programme officially opened a new 3 cluster offic...
The National Fisheries Authority named Justin Ilakini as its new Managing Director in an official statement on July 28. Ilakini has extensive knowledge of the fishing industries in both Papua New Guinea and the region. He was born and raised in Gavuone Village, Central Province, and served with the NFA for eight years before accepting advising position...
Treasurer Ian Ling-Stuckey cites the International Monetary Fund's (IMF) 6.8% inflation forecast for Papua New Guinea. “PNG’s economy can be greatly affected by shifts in the global economy,” he said. “The latest IMF World Economic Outlook released last week increased inflation predictions for developing countries to an extraordinary 9.5 per cent av...
Photo credit: Islands Business The Madang business community wishes to contribute more to the growth of the Pacific Marine Industrial Zone (PMIZ) in the region. The development of the project, according to Kevin Murray, president of the Madang Chamber of Commerce and Industry, would have a favourable effect on the city's economy. A committee has ...
Progressing on improving the efficiency of value chain enablers, including sustainable, climate-proof transport infrastructure development in Papua New Guinea, the EU Funded UN Joint STREIT PNG Programme started with rehabilitation and specific maintenance of two farm-to-market access roads in the Sepik Region. Led by the International Labour Organizat...
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