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ADB contradicts govt claims over PMIZ

On 09 Mar, 2011 By Effrey

ACT NOW! says the Asian Development Bank has denied it is involved in supporting the government's controversial Pacific Marine Industrial Zone (PMIZ) in Madang.

ADB Country Director, Charles Andrews has told ACT NOW! "the ADB has no involvement in this project what-so-ever".

This denial contradicts government documents that claim the ADB and has been actively supporting the development of the PMIZ by providing technical advice and expertise and is a potential funder.

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PMIZ / Auspact story is full of holes

On 04 Mar, 2011 By tok stret With 1 Comments

By PMIZ Watcher

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Ramu mine will form part of Special Economic Zone

On 24 Oct, 2010 By rait man

The controversial Ramu nickel mine in Papua New Guinea is set to be part of Papua New Guinea's first Special Economic Zone, writes Alex Harris. Such zones allow foreign companies to take advantage of cheap labour costs and lax environmental regulations, but cause misery and suffering for local people. 

THE RAPID GROWTH of China as a supply centre has seen its rise as an economic powerhouse, that is itself now ‘off-shoring’ to cheaper labour locations with even more lax environmental regulations…such as Papua New Guinea.

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PMIZ hits a legal hurdle

On 29 Jun, 2010 By rait man With 2 Comments

Controversial plans for PNG’s first Special Economic Zone, the Pacific Marine Industrial Zone in Madang, have hit a legal hurdle.

Although the government had negotiated a $180 million loan from the Chinese government to fund the building of the industrial park, that loan is in breach of PNG law. This is because under the loan agreement one particular Chinese company will get to build the park and 70% of the loan monies have to be spent on Chinese goods and services. This breaches PNG laws that require open and competitive bidding process that includes at least 3 companies.

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