Importance of the Daru fisheries industrial park to PNG
The island of Daru has become the center of attention after a Chinese company decided to build a multi-functional fisheries industrial park on the island. There has been both negative and positive comments made about the investment project based on economic, political and security interest of various state actors. More importantly, economic and security interest outweighs the political interest if you look at the investment project from a PNG perspective. The MOU was signed on November 12 in Port Moresby by; the Governor of Western Province, the Minister for Fisheries and Marine Resources including the General Manager for Fujian Zhonghong Fishery Limited. The Minister made it clear in his recent statement that the MOU... "provides a cooperative arrangement in managing the relationship and responsibilities between the three parties towards the exploration and facilitation of a proposed integrated and multi-use fishery industrial park investment project." Photo from Twitter...