The township ofthe Gulf Province – Kerema, will be extended at a cost of 1.2 billion kina.
Governor Havila Kavo saidthe Provincial Administration has engaged a contractor named Melamaju Limited to work onthe master plan.
The company is scheduled to completethe plan in 7 to 12 months’ time.
Mr. Kavo said payment will be made in six phases. The first payment of six hundred thousand kina was made yesterday in Port Moresby.
Kerema town has been labelled as one ofthe country’s failed townships.
The governor said all this has contributed tothe low economic activity inthe province, despite its enormous contributions ofthe oil and gas resources tothe growth ofthe country’s economy every year.
It was also recently announced thatthe province will play host tothe country’s 2nd LNG projectoand supply one ofthe largest amounts of liqueflied natural gas tothe world.
Mr. Kavo said it is fitting to extend and improverthe township to encouragethe domestic and international investor confidence inthe province.
He saidthe master plan isthe foundationthe province will use to step on to achieve its 2020 vision of makingthe Gulf Provincethe economic hub ofthe Highlands and Southern regions.
The Kerema town extension master plan will encompassthe provincial headquarters complex, Kerema High School, marketoairportopublic service housing, banking institutions such as BeP anPNG microfinance, and provincial police headquarters amongst thers.
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