In brief: PM to launch construction phase of Pacific Marine Industrial Zone project, and other business stories

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Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.

The Pacific Marine Industrial Zone: an update

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Work on the flagship project of Papua New Guinea’s fisheries industry, the Pacific Marine Industrial Zone (PMIZ) in Madang, is progressing steadily, with the presentation of the design concept in early 2012. While National Fisheries Authority Managing Director Sylvester Pokajam concedes ‘it has been slow going,’ he also says it has been important to get […]