24.7 C
Port Moresby
July 28, 2021

IFC assists in New Wharf Construction

Share the News

The loan will assist Papua New Guinearsquo;s Avenell Engineering System’s Limited to constructthe new wharf and ease congestion atthe main wharf.

The new wharf will be constructed atthe RavuvuIndustrial Park on Napa Napa about 20 kilometres west of Port Moresby.

The wharf will feature a 180 meter berth and a 40 meter ramp.

IFC’PNG Representttative Carolyn Beacklock saidthe partnership provides certainty of long-term financial assistance.

The loan will also allow additional purchase of machinery to upgrade port services.

The new wharf will stimulate more trade forPNG rsquo;s economy and create job opportunities for men and women.


Related posts

Guise to Use Singapore 7s as Trial and Error for PNG Pukpuks

EMTV Online

165 PNG Women to Contest this year’s National Election

EMTV Online

PNG Squash Team Selected For Glasgow

EMTV Online
error: Content is protected !!