31 C
Port Moresby
November 17, 2019
News

Landowners in fighting poses threat to investors

A new comer tothe mining industry inthe country, Nan JianPNG Holdings Ltd says infighting among land owner groups poses a direct threat to investors.

The company’s comment follows accusations by aLandowner group that it was operating illegally inthe country.

The company said it is here to stay and also to give back benefits.

Country Director George Shao saidthe landowners should try to resolvethe matter amongthemselves instead of going tothe courts.

PNG branch ofthe Nan Jiang Group of companies has a small staff based at its Port Moresby head office, with most ofthe expertise and skilled labour atthe Minersite.

Alreadythe company has spent K 10 Million to bring upthe projectoincluding fixing of 3.9KM of road fromthe mine tothe main road.

They are also applying for ther exploration licences inthe country.

Mr Shao said he has been inthe country for more than two decade andtherefore understandsthe   attitudes of Papua New Guineas, especially with landowner issues.

He sain PNG is a resource rich country and every ordinary citizen should get benefits fromthe resources ontheir land.

Alice Thomas, National EMTV News

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