Gulf Province set for transformation as government announces key infrastructure projects
Good news for the people of Kerema and Gulf Province.
The government led by Prime Minister James Marape is serious about turning the province into a hub of business, trade and host of major oil and gas projects.
Marape spent two the weekend in Gulf Province launching the Ihu Special Economic Zone project (ISEZ) at Ihu and spent a day in Kerema where he announced several important infrastructure projects.
The ISEZ is a K100 million project that is aimed at creating thousands of jobs and generating billions of monies to the government coffers.
The National Executive Council has approved monies for this project to be managed by a private company.
Project director Peter KenGemar has been promoting this project internationally-they are hoping that reduced taxes and other business incentives will lure potential investors who will transform Ihu and Gulf a lot.
After about 20 years the Ihu airstrip was also launched during James Marape's visit and Transport Minister William Samb who is the Goilala MP was also there.
In Kerema, Marape urged the people who are in Port Moresby or anywhere else to return to Kerema.
He said the government was allocating K100 million for the upgrade and resealing of the Hiritano Highway.
From this K100 million, K70 million will be loaned from the World Bank and K30 million would be from the government.
Marape said Gulf hosts some mega project in oil and gas like the Papua LNG, Pasca offshore gas and now the proposed ISEZ project.
The road would certainly help develop these projects and he has urged the people to return and venture into fishery, farming and get into SME businesses.
He said the Kerema rugby league field now turned into a market for betel nut vendors would be developed with a K100,000 from the National Gaming Control Board (NGCB).
Marape said a K20,000 would go to support the basketball competition.
The bare roads in Kerema town would be sealed with a K 5 million funding.
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