East Sepik Province is set to host the country’s biggest Oil Palm Project, predicted to create 20, 000 jobs for the local people, and generate over K6 billion over the next decade.
As the project is in the Yangoro-Saussia District, the local Member and Minister for Commerce, Trade and Industry, Richard Maru, invited Works Department Secretary, David Wereh, to see for himself the road work being carried out by his men recently.
It was also an opportune time to identify areas in the project areas that would need immediate infrastructure development.
The National Government is gearing up to develop the country’s biggest Oil Palm Project in the Yangoru-Saussia District of East Sepik Province. It is predicted to bring in an investment of K6 billion for over 10 years, and create 20, 000 jobs for locals.
But before that happens, necessary infrastructure must be in place. The government’s allocation of K100 million will be used to build infrastructure which includes roads, power lines, water supplies and bridges. Minister Maru, the Works Secretary David Wereh and Angoram MP Salio Waipo, visited the impact areas of the Sepik Oil Palm Project and identified areas that needed the much needed infrastructure.
It was an eye-opener for them to build the capacity of the Provincial Works Team as the multi – billion kina oil palm project will see constant truckloads of oil palm being transported. This means proper infrastructure must be built to cater for the load.
Yangoru – Saussia District is also the first to engage the Works Department as contractors to carry out much of the road work and bridges. The team will be headed by young engineer, Livingston Hosea, who will reside in the respective villages to oversee the road works.
The developer of the multi – billion kina Sepik Oil Palm Project, is a Malaysian–based company. Wilma International Company Limited has committed to bring in an initial K3.5 billion to develop 100, 000 hectares of Oil Palm in Phase One. It will also develop another 100, 000 hectares in the second phase where K6 billion is predicted to come in over a 10 year period.
The state negotiating team and all concerned parties to the project agreement will be meeting with the developer this Friday to finalise negotiations that will lead to a final State Agreement with the developer.
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