Category Archives: Fisheries

NFA Pays K60mil Again in Dividends

By : The National


THE National Fisheries Authority (NFA) paid another K60 million in dividends to the Government in Port Moresby on Friday.

It paid K60 million earlier this year.

Fisheries Minister Patrick Basa handed the cheque to Chief Secretary Isaac Lupari who stood in for Treasurer and Deputy Prime Minister Charles Abel.

Basa said the K60 million was the second batch of dividends which NFA was paying in the 2017 fiscal year.

“Similar to other State-owned enterprises (SOEs), NFA is required to pay dividends to the Government.

“Since the restructure and reorganisation of NFA in 2001, the authority has paid K396,250,000 as dividends to the Government.”

Basa said the National Fisheries Authority has ceased paying dividends in 2008, 2010 and 2011 as per the Government directions for the surplus funds to be invested in impact fisheries projects to grow the industry and develop coastal as well as aquaculture fisheries. “In 2012, NFA resumed paying dividends to the Government. In 2017 fiscal year, NFA, will be paying K150 million in dividends,” he said.

“NFA has already paid K60 million to the Government. We are now paying K60 million and the remaining K30 million will be paid before the end of the year.”

Managing director John Kasu said NFA was a self-financing government authority that generated its funding through statutory and access fees from the fishing industry.

“These fees form the bulk of our revenue which the authority funds and maintains its operations as well as funds impact fisheries projects such as the coastal fisheries development agencies, inland fish farming, funding fisheries colleges, funding and building jetties, fish markets and other projects to meet the Government’s goals and objectives,” Kasu said.
Share this:

Govt to Persue PMIZ Project in Madang

By : Post Courier

Prime Minister Peter O’Neill says the government will continue to pursue the multi-million kina Pacific Marine Industrial Zone (PMIZ) project in Madang.

Mr O’Neill said this while delivering his keynote address to the Pacific and global delegates, including policy makers and industry representatives.

The intent behind this project is to create a regional tuna processing hub for the Pacific region.

The Prime Minister said the funding arrangements were now in place and construction would commence soon affirming earlier announcements by the Minister for Trade Commerce and Industry, Wera Mori, that the China Exim Bank had agreed to fund the new project plan with a K350 million (USD 152m) concessional loan.

The project will be developed over 215 hectares (ha) of land, of which approximately 100 ha would host canneries and 115ha for residential and commercial purposes.

The Government expects the project will generate 30,000 jobs, and once fully developed, will house 10 tuna processing plants for tuna caught in PNG and the Pacific.

Meanwhile, the Prime Minister assured that the government of PNG is committed to building the necessary support infrastructure, which besides the PMIZ, include facilities which will enable fishermen and women and processors to bring their fish into ports in a timely manner and have them processed at a reasonable cost.

He said the government was exploring funding options for the Wagang Port in Lae, Morobe province, which will be a dedicated fisheries port.

“We want this critical infrastructure to commence construction soon.”

Pacific Tuna Forum – O’Neill speech


At the 6th Pacific Tuna Forum


Under the theme:

“Fostering Greater Social, Economic and Financial Benefits – Through Sustainable Management and Development of Tuna Resources”


13 September 2017


Good Morning,


It is a pleasure for Papua New Guinea to host this very prestigious 6th Pacific Tuna Forum.


Tuna is indeed the natural resource that binds the peoples and Governments of the Pacific Islands together.


Tuna is also the major revenue earner for many of our Governments in the Pacific, and for some, it is their single source of revenue.


The importance placed on this resource cannot be overstated.


Even back in the 1970s, one of the main policy agendas of many Governments was co-operation together to manage their tuna resources.


This bi-annual Pacific Tuna Forum is an initiative of the Papua New Guinea Government, through the National Fisheries Authority, when it was first held here in 2007.


Today, it is held in Partnership with INFO-FISH, and our Regional Fisheries Management Organizations.


This 3rd forum to be hosted in Papua New Guinea, and also includes the inaugural fishery technology expo that was held yesterday.


This forum is a premier tuna industry meeting in the Pacific region.


I welcome all policy makers, fishery managers, NGOs and industry leaders from around the world, who are with us here today.


The theme of this Forum, focusing on “Greater Social, Economic and Financial Benefits Through Sustainable Management” is very timely.


This theme also resonates quote well with the theme of the 48th Pacific Islands Forum in Apia last week, that very much focused on sustainable development, management and conservation of the Blue Pacific.


At the Leaders’ meetings in Apia, we urged the establishment and mainstreaming of regional Minimum Terms and Conditions in all areas of investment and development.


This includes a focus on the environment, and compliance across all marine sectors, particularly fisheries.


We are placing our support behind a number of initiatives and export standards.


This includes Competent Authorities and Catch Documentation Schemes in our region’s small Island economies.


As a region we have access to over 50 percent of world tuna supplies.


However, the major markets for tuna are not within our region.


Papua New Guinea, through the National Fisheries Authority, recognised the importance of expanding our markets.


We have established a Trade Lobby Committee which is comprised of both Government and industry representatives.


The aim of this committee is to explore and develop new markets.


We must be proactive, and go out and look for markets for our fisheries products if we are to have a viable industry into the future.


But Pacific Island Nations need to maintain focus on what we must do to ensure we have a viable fisheries sector for our children and their futures.


We are building upon the 2016 Forum Communique calling for all high seas bunkering of purse seiners – to be forced into our zones and under license.


As part of this, we must broaden this to include long line transhipping and bunkering operations.


We have to work together to further prevent illegal activities.


Building upon the success of PNA nations in managing the purse seine fishery, we further urge Small Island Nations to use their strength in number, for greater leverage on their interests and to safeguard the interests of our countries.


As Pacific Island States we need to steer our destiny in zone and in self-determination, and ensure benefits go to the people and economies.


We must do this rather than struggle with external dictates by those believing they have paternalistic rights to our fish and our waters.


Overall we need to strengthen Pacific solidarity in ensuring collective efforts for joint initiatives for improved ownership, participation and returns from the Blue Pacific.


This needs to be through specific initiatives in the sectors such as fishing, processing, transport, trade, and food security.


We can build upon the successes of our regional brand for niche products, and ensure that we have the right standards.


I urge that we ensure that our operators are provided with more opportunities and supported by the government in the sector.


This can be support through the development of partner funded initiatives, so we are not just seeing 100% foreign ventures promoted in these sectors throughout the region.


We need genuine joint ventures.


We also encourage PPP initiatives, especially in port services, processing and cold store infrastructure development.


In my view there is has great potential for our economies, particularly in port waste management for the sector, and this has the added benefit of helping to preserve the natural environment.


We need to develop more downstream processing and provide more spin-off business opportunities for our people.


All too often we see the tuna sector that is alienating itself from pour people, and particularly our SMEs.


We must create more opportunities so that is industry can continue to provide, more support for labour mobility, and making sure that there are more income-earning opportunities for our coastal communities throughout the Pacific Island Nations.


These untapped resources, and the opportunities that are available, must be accessed at sea and onshore.


Our Government today, is taking a stand against those non-preforming ventures.


We are now going to review over the next three months.


We are going to review many of these ventures, and the agreements that we have, because as I said at the Pacific Islands’ Forum last week.


For far too long in our region, we see ventures that continue to never make profits, Maurice Brown-John said in Apia last week, they never want to leave either.


That is why, enough-is-enough.


It is time to stop playing these kind of games.


It is important that benefits are shared equally, and fairly, so that our people benefit from the resources that they truly own.


Our Government is continuing to undertake the responsibility to continue to build good public infrastructure, and provide more training, and tax incentives that will continue to strengthen the industry as we have done in the past.


Papua New Guinea has subsidised this industry over the past decade, almost to the tune of almost 1 billion US Dollars.


This is by way of concessional fishing rights, in addition to many other generous concessions to the fishing industry.


But the reality this hardly adds to the production output that we have sought to achieve.


So we can ask where are the results from the investment that the country has been making?


We only see market share eroding, for example countries are having access to the markets that are usually reserved for countries like Papua New Guinea, where the tuna originates.


So in countries like Germany, they are achieving market share of close to 40 per cent, from exports that come from Papua New Guinea and the Pacific region.


This is unacceptable to countries like ours, because it erodes the market share for our people and our country.


That is why it is important that we go back and review some of the agreements, where we are not seeing processing plants that are not even running up to 75 per cent capacity that is required to hold a license in the industry.


We have a scenario where only 1 in 5 fish, that our Government has subsidised, is actually processed in Papua New Guinea.


Only 1 in 3, or even 1 in 4 jobs to process the catch are in Papua New Guinea.


In reality it means that almost 80% of the benefits from Papua New Guinea, are actually enjoyed by other countries.


That is why PNG flagged vessels, that fish our waters today, who enjoy the discounts, and yet have not landed a single fish to our processors in 2 years will be held to account.


This is simply not acceptable.


Our Government will implement changes.


They will make the review, and by 2018 I expect that this scenario will change.


We will increase rewards and support to direct to those who are genuine in the industry, who are genuine in wanting to process the fish in Papua New Guinea.


Let me state again, we welcome genuine investors, but those who are only here for cheap fishing are welcome to leave.


Our Government is committed to building the necessary support infrastructure.


We will create facilities so that fishing men and women, and processors are able to bring fish into ports in a timely manner, can process them at a reasonable cost.


We are exploring funding options for the Wagang Port, a dedicated fisheries port in Lae.


We want this critical infrastructure to commence construction soon.


As many of you will know the Government of Papua New Guinea proposed the Pacific Marine Industrial Zone in Madang as a regional tuna processing hub.


We will continue to pursue this project.


There is no easy way and there are no shortcuts in building a truly robust and competitive fisheries industry together.


We need to build competitiveness by increasing productivity and reducing costs of production.


During this term of Government, the policies and the achievements of the PNG fisheries sector will be measured against the regional benchmark.


This will be as outlined in the regional roadmap for sustainable fisheries.


We will continue to pursue onshore investment so that we can support these policies, and work with processors towards meeting their processing capacities.


Our Government is committed to making this happen, and will work with all stakeholders, especially our locally based fishing and processing industries.


We have the greatest potential in our tuna industry.


And together we will build a fairer, sustainable and more profitable tuna sector.


I wish you all a successful, informative and productive forum and an enjoyable stay in Papua New Guinea.


I now declare open – the 06th Pacific Tuna Forum 2017.


Thank you.

Prime Minister – Peter O’Neill

Wouwou pledges support to boost fisheries project

August 24, 2017
Source: The National

SANDAUN Governor Tony Wouwou plans to assist major projects in the province to benefit the people.

He yesterday discussed with the National Fisheries Authority the Vanimo Coastal Fisheries Project undergoing a feasibility process.

“I support the fisheries project that will impact the sustainability of the people’s livelihood, generate internal revenue for the province which will contribute to its development,” he said.

He is looking forward to working with the NFA, government and the landowners to get the project going.

National Fisheries Authority managing director John Kasu said they were looking at creating partnerships to take fisheries development to the provinces.

Kasu said the discussed with Wouwou how to move the project forward.

“NFA is a facilitating agency in terms of fisheries development and management,” he said.

He urged Wouwou and his people to plan properly and move the programme forward so that they could see tangible outcomes in five to 10 years’ time.

The project was endorsed by former deputy governor Titus Suweri five years ago.

Last year, the provincial executive council approved a funding of K9 million as per a submission under the trust fund that belongs to the landowners.

It is waiting for Wouwou to have the money released so that the feasibility process can move ahead.

The NFA estimates that the cost of the feasibility process is K6.5 billion.


Trade, Commerce keen to stay with marine zone project

August 21, 2017

Source: The National

Secretary John Andrias says the Department of Trade, Commerce and Industry is happy to continue owning the Pacific Marine Industrial Zone (PMIZ) project in Madang.

“There was a NEC decision to transfer the ownership to KCH (Kumul Consolidated Holdings) but I believe there is a KCH board resolution, so basically we will revisit and take the matter back to NEC to leave the project to be implemented by (Department of) Treasury and Commerce and Industry,” Andrias said.

“We are happy to take on board and re-negotiate the new loan through the China Exim Bank if they are able to come on because they were the first to commit so we had the design completed in line with their funding.”

Andrias said the project was designed to cater for 10 canneries.

“Once the project is developed, we intend to host about 10 canneries. So far we have six.

“If we have space for 10, basically all the fish that is caught has to be brought onshore, and future – there could be policy interventions.

“We can look at innovative ways of bringing in all the catch for processing.

“We can simply give them licence to fish and bring all the fish onshore and the state can say certain percentage is free, maybe 50 per cent is free to be put into the cool storage where it can be auctioned and sold to processors.

“The risk of going out and owning a fishing vessel and fishing with all the additional costs, we have passed it on to the fishermen.”


O’Neill emphasises need to strengthen sustainable sectors

August 18, 2017
Source: The National 

Prime Minister Peter O’Neill has emphasised the need to strengthen sustainable sectors like agriculture and fisheries and particularly the small-medium enterprises (SME).

His message at a breakfast with the business community in Port Moresby yesterday came not long after the Immigration and Citizenship Service Authority imposed a moratorium on all new visa applications and visa extensions for working resident employment visas for non-citizens engaged in small-medium  companies, especially in the retail business.

O’Neill said: “As we move forward, we also have a renewed focus on being more self-sustaining in manufactured products.

“As a resource-rich nation, combined with a committed and better-trained workforce, we must become more self-reliant.

“Where we can produce more locally, we must do so. We will continue to diversify our economic base to create greater opportunity in sectors that include agriculture, tourism, forestry and fisheries to name a few.

“We need to stop going through the boom and bust cycles. We believe the downstream processing of our raw products offers opportunities to increase employment and to add significant value to our exports.

“We must make better use of our food produce to reduce our reliance on imported goods and to enhance food security in our country.

“We will widen the scope for manufacturing industries and create employment opportunities, and ensure we keep up with new technologies and access new markets.”

Country’s Export to EU Surges

August 11, 2017

The National

THE country’s export to the European Union market increased considerably in the past five years – from K1.7 billion to around K2.5 billion, an official says.
This was revealed by the head of delegation and EU Ambassador to PNG Ioannis Giogkarakis-Argyroplous during the launching of PNG’s first Trade Policy (2017-2032) on Wednesday in Port Moresby.
“How Papua New Guinea exports increase so much and so rapidly is because the country beat its production capacity by attracting investment,” he said.
“The future is bright for Papua New Guinea in the tuna industry.
“Five major onshore tuna processing factories have been established and two more have been added.
“These investments tend to create jobs directly and indirectly, mainly for women.
“The economic partnership agreement can also have a positive impact on the fisheries sector, whereas illegal fishing must be reported and regulated not only for Papua New Guinea but the entire region.”
Argyroplous said many countries replied on trade to develop and same would apply for PNG.
“It does offer great opportunities particularly when it comes to export of products from the renewable sector such as agriculture, fisheries and forestry,” he said. He said they were products which PNG could produce in abundance, in high quality and in a sustainable way.
“In this reality, the European Union trade policy aims to show prosperity and solidarity for Europe and around the globe for free and fair trade on a level-playing field,” he said.

« Older Entries