BeritaSeo: Business News

Chicken and Feed project to start in Sepik plains

The first of many potential large scale agriculture project in the Sepik Plains Special Economic Zone is set to commence in the next two months following a high level visit by the LR Group from Israel and its potential partner, Kumul Consolidated Holdings (KCH) to the project site at Haripmo village in the East Yangoru LLG this week.
The villagers from Haripmo village dressed in traditional attires, danced and chanted songs to welcome the investors who were accompanied by their Local Member and Minister for Trade Commerce & Industry, Richard Maru and East Yangoru LLG President, Jeffrey Waffi.
The Local level Government Members and the people of Haripmo and neighboring villages in the Sepik Plains were pleased to see the investors.
They say they have waited for 47 years for investors and developers to come and bring about changes and developments.
“Our grandparents who gave the Kanaukil and to the State have died whilst waiting for investors”, said local leaders of Haripmo village.
The investors were touched by the way they were being welcomed by the people of Haripmo village and the peoples eagerness to see the project start so they can truly see changes and services including better roads, health services, seek formal employment opportunities and participate in outgrower chicken business as well as producing corn and cassava etc..to sell to the Feed mill for chicken feed production.
The new Joint Venture Agriculture Company will be called Sepik Agro Industries Limited. The initial owners of the company will be KCH(State) and the LR Group. After the business is established, the local communities, the people of East Sepik, LLG’s and East Sepik Provincial Government will be invited to buy shares in the new company.
The project will be developed over 5000 hactres owned by the State. The business will also include a cocoa farm which will involve the new drip feed technology from Israel which has the potential to increase cocoa yield by 300-400 percent.
The company will create 300 new job opportunities and thousands of outgrowerchicken,cocoa,corn and cassava farms right across East Sepik Province.
A shareholder Agreement between KCH and LR Group will be finalised in the coming week to pave way for the signing which will signify the initial start of the project.The chicken and eggs for this project should replace chicken and eggs shipped from Lae to both the East Sepik and SandaunProvinces.
Minister Maru said his people have suffered with the Cocoa Pod Borer and low cocoa prices because of their over reliance on cocoa for income and never had alternative businesses and cannot wait to see phase one of the project be developed at the cost of K50 million, resulting in many spin off business opportunities.

Air Niugini names third Fokker 70 as "Hoskins”

Air Niugini in a ceremony today (Thursday 14th April 2016) named its latest Fokker 70 aircraft “Hoskins”.

The aircraft is the third of the total nine F70 aircraft expected to be delivered to Air Niugini by 2017.

Air Niugini Board Chairman, Sir Frederick Reiher in his address said the name Hoskins is in recognition of the important role played by West New Britain to Air Niugini’s domestic air services. He said the naming of the aircraft also comes at an ideal time as Air Niugini has been designated as the official carrier of the 2016 PNG Games. The games will be hosted in Hoskins in November this year.

“Air Niugini  has undertaken the massive task of transporting over 7,000 athletes from centres right across PNG to the games and back. Our new aircraft will be invaluable.” Sir Frederick said.

A Fokker 70 aircraft is faster, more efficient with superior passenger comfort and will enable Air Niugini to improve domestic services to key regional centres.

The arrival of the third Fokker 70 now brings to total 24 aircraft in Air Niugini fleet including Boeing aeroplanes, Fokker 100s, Q400s and now the F70s. Air Niugini leases 7 Dash 8 aircraft to its subsidiary company, Link PNG.

Sir Frederick together with the Minister for Public Enterprise and State Investment-William Duma, Minister for Sports-Justin Tkatchenko and Governor for West New Britain-Sasindran Muthuvel  and the rest of the invited guests proceeded to the air site where they did the unveiling to mark the christening of the aircraft.

Second Custom-Built LNG Carrier Named for PNG LNG Project

Port Moresby:  The second PNG LNG Project custom-built ship was officially named in a ceremony at Hudong-Zhonghua Shipyard in Shanghai, China on 8 April 2016.
The LNG carrier, named Kumul, was built by Hudong-Zhonghua Shipbuilding (Group) Co Ltd and can carry approximately 172,000 cubic metres of LNG. The Kumul, and her sister ship the Papua are the largest LNG ships of their size built in China.

The naming ceremony was attended by the Honorable Ben Micah, Minister for Petroleum and Energy, ExxonMobil executives and PNG LNG co-ventures.

The Kumul will be operated by Mitsui O.S.K Lines and transport gas associated with the PNG LNG Project.  The ship is expected to arrive in Papua New Guinea in late May 2016. The addition of the Kumul, brings to four the number of dedicated carriers that will ship LNG from the PNG LNG Project to customers in Asia. The four ships are Spirit of Hela, Gigira Laitebo, Papua and Kumul.

ExxonMobil congratulated Hudong-Zhonghua for building the LNG carrier for the PNG LNG Project.

ExxonMobil PNG managing director, Andrew Barry said, “We are pleased to be celebrating yet another milestone with the naming of the Kumul, the second of two custom-built ships for the PNG LNG Project. This is a demonstration of the Project’s ongoing success.

“With the support of PNG government and community, we are proud of the reputation the PNG LNG Project has built for being a reliable supplier of LNG since startup two years ago.  The PNG LNG Project is important to the economy of Papua New Guinea and is creating significant, long-term benefits for the country,” he added.

ENDS

Sustainability, innovation in agriculture headline Trukai Field Day

One of Trukai Industries’ most important  agricultural events, the Rice and  agricultural Development Field Day,  will boast a diverse range of activities and exhibits at its’ Erap Farm this Friday. Now in its third year, the annual event will showcase innovation within Papua New Guinea’s agricultural  industry through a range of demonstrations, while providing an insight into the products and processes of  Trukai. The event will be centred on ‘Developing Integrated Farming Systems for Food Security in PNG’.
Trukai Agricultural Manager, Jarrod Pirrie, said the day’s agenda will be about much more than Trukai’s primary  product.

“Discussion on rice growing will still feature on the day but more as part of a rotation of produce that can be  grown. Mung beans and stockfeed are also included as sustainable food items, as examples.”

Among those scheduled  to speak at the event are Trukai Industries CEO, Greg Worthington-Eyre who will  deliver the opening remarks and PNG Agriculture Minister, Tommy Tomscoll.
The Minister is no stranger to addressing the Field Day audience, having given a stirring call to arms last year in  which he encouraged local rice manufacturers to stop importing produce to PNG.

Also  included in the official program are remarks from the Vice Chancellor of UNITECH, Dr Albert Schram and  Morobe Governor, Kelly Naru.

For the first time this year, guests will have the chance to take in a bird’s eye view of Trukai’s work in the province, with a helicopter ride for distinguished guests, to the Chingwam rice pilot project, included as part of  the event.
Mr Pirrie said the Chingwam rice growers are among a host of farming communities that will be represented on  the day.

“We have a number of different groups coming in to attend,” he said.
“There will be farmers from the Central Province, West New Britain, Naramanghi and Sibi, as well as other  provinces where we have a partnership with growers.
“Organisations such as Women In Agriculture Development Foundation and the Oro Rice Growers Co-operative  will also participate in the event.”

CSYIC to kick start work on PMIZ project

Minister for Trade Commerce and Industry Richard Maru today presented the Commencement Order of the construction phase of the PMIZ project in Madang Province to Contractor China Shenyang International Economical and Technical Corporation Limited (CSYIC).
Minister Maru said main components to be covered will be the main wharf, fish ponds, and disposal area and sewerage system.
The Project will be constructed at the cost of US$95million (K286million) and additional funds will come from Kumul Consolidated Holdings (KHC) that has been given the responsibility to deliver the project.
The Minister also challenged CSYIC to engaged local workers in the project because the issue of locals complaining about not being employed in the project has been one of the major aspect of the hindrance to the project.
He said the NEC has transferred the ownership of PMIZ Project to Kumul Consolidated Holdings and the Trade Commerce and Industry Ministry will only be responsible for the policy framework of the project.
Maru urged CSYIC to work closely with KCH to deliver the project as the project remains the highest priority of the Government.
KCH General Manager – Investments Mr Lutz Heim assured the Minister the KCH will be working closely with CSYIC to deliver the project.
He said KCH wanted the project to be done properly so that it will go a long way to benefit the people of Madang and this Nation. Heim is also confident that the project will be completed on time and on budget.
Meanwhile, Deputy President of CSYIC Terry Wang said that they will deliver the project and assured Minister Maru that CSYIC will also employ locals in the project. PNGFM / PNG Today

Trukai giving back to local farmers


Leading rice manufacturer and distributor, Trukai Industries Limited has been in the country for well over 4o years and is now taking a new approach to increasing productivity while giving back to the people in the communities.

With the establishment of various pilot rice projects in the country Trukai has been able to assists small holder farmers by providing the tactical expertise, equipment, training and skills to help the people in the rural communities produce their own rice.
Last year Trukai bought about 19 tonnes of the first ever home-grown rice from the Amadi Baga rice farm along the Hiritano Highway in Central province which is one of their Pilot projects. The rice was blended into their Roots Rice brand.
Apart from the Amadi Baga farm they also bought rice from other pilot project farms like Erap farm in Morobe, Kapore in WNB and another one in Oro province.
According to Corporate & Communication Officer, Ms Nancy Gah these projects are part of the company’s Sustainability program and Community enriching programs to help the little farmers up-skill their ability to manage such projects and also earn extra income to sustain their livelihoods.
She also highlighted that the Amadi Baga project has signed an agreement with Trukai to develop 20 hectares of the initial 100 hectares of land for the rice project while the farm in Oro has also signed a Rice Development Purchase Agreement with the company that will see the farming selling rice back to Trukai. PNGFM / PNG Today

PNG to build new garment factory in Port Moresby

Picture of Ground Breaking. Cathleen Ipi Johnson, Community Development Minister Delilah Gore, Konebada Petroleum Park Chairman Mr Raho Kevau and Head of Economics for Mining and Petroleum Mr Kepsey Puiye
Papua New Guinea has once again reached another milestone in development today when a ground breaking ceremony was held to mark the start of a garment factory which is the first largest of such in the country to cater for fashion and clothing needs in PNG.
This factory which will be built at the Boera Village just outside Port Moresby city will provide employment and training to women in the surrounding areas to work in the tailoring factory. The factory is an investment by the After Dark Fashion which is 100% Papua New Guinean owned. Managing Director and owner of After Dark Fashions Cathleen Ipi Johnson from the Central Province who has been an entrepreneur in the tailoring industry for 12 years says this investment is a risk in her business that she is willing to take as it will also empower other women in the surrounding areas through employment and training.
Present at the ground breaking ceremony was the Minister of Community Development Delilah Gore who says the current government is committed to supporting local entrepreneurs and the Small to Medium Enterprise sector. The minster has committed K10 000 to the factory of which she says will empower women in the local community to support the families. PNGFM / PNG Today

Deep sea mining PNG’s Sensitive Marine Ecosystems

Boschen’s Study – A Tale of Two Sites
The integrity of marine ecosystems all over the world is threatened by human activities such as dumping of rubbish, disposal of chemical and radioactive waste, extraction of oil and gas, and fishing. Mining for sand and minerals in shallow waters has been conducted for decades, but the latest threat to ocean ecosystems comes from mining of the ocean seabed, otherwise known as deep sea mining (DSM) or seabed mining (SBM).

Following the publication of an article by Boschen et al. Seafloor massive sulphide deposits support unique megafaunal assemblages: Implications for seabed mining and conservation in the scientific journal Marine Environmental Research, this article examines some of the implications of DSM for the ecology of the seabed. In the light of imminent DSM, its asks what conservation actions are required to identify significant risks and protect the biodiversity of ocean seafloor ecosystems.The first deep sea mine?

The Solwara 1 project being undertaken by Nautilus Minerals in Papua New Guinea (PNG) is the world’s most developed commercial DSM project. It is located in the Bismarck Sea 30 km offshore of New Britain Island at a depth of 1,600 metres. A mining lease was granted in January 2011 for a gold and copper project. After much delay, the project is scheduled to begin in 2018. If successful, Solwara 1 is likely to be the first of many DSM projects within the Pacific Islands Region.

There are three main types of deep sea mineral deposits of commercial interest to industry and governments. In the case of Solwara 1, a Seafloor Massive Sulphide (SMS) deposit is to be exploited. SMS deposits are in deep sea (1,500 m – 5,000 m) hydrothermal vents along volcanically active areas of the ocean floor and typically contain commercially-attractive concentrations of copper, gold, silver, zinc, as well as other trace metals.

What are Seafloor Massive Sulphides?

SMS deposits form through hydrothermal activity. When hot acidic water filters up through the seabed, it cools and releases dissolved minerals that can accumulate to form chimney and mound structures on the seafloor. These chimneys’ structures can be either active or inactive, each type hosting a remarkably different group of plants, corals and animals. The ecology of seafloor systems is unlike any other marine or aquatic habitats. They are usually well below the level at which sunlight penetrates the ocean and consequently the organisms found there rely on chemosynthesis rather than photosynthesis. These deep and often remote systems make them one of rarest and least understood habitats on Earth.

There are about 165 recorded SMS deposits worldwide. Commercial interest is centred in international waters of the Indian Ocean, on the Mid-Atlantic Ridge and in waters of Papua New Guinea (PNG), Vanuatu, Palau, Niue, Fiji, Micronesia, Solomon Islands, Tonga, and New Zealand. New Zealand is particularly relevant here because Boschen’s study compared the physical properties and biological assemblages (communities) of two supposedly similar SMS seafloor sites of the north-east coast of New Zealand.

SMS conservation strategies

The main conservation strategy to counter threats to the marine environment has been to create marine protected areas or conservation reserves. This parallels the land-based approach in which a representative area of an ecosystem is designated for conservation. In theory, this area is considered to be both comprehensive and adequate; including all the species, communities and ecological processes of the ecosystem and being sufficiently large enough to persist into the future. These concepts have been applied to the marine environment despite the fact that the nature of physical or ecological boundaries and processes are markedly different in the marine environments. Unfortunately, globally marine protected areas account for a mere 3% of marine habitats and have largely been established in coastal areas to preserve species and habitats at risk from fishing. Given the general decline in ocean ecosystems and the lack of protection for the deep sea areas, DSM is a clear threat to marine biodiversity.

In an effort to mitigate against the destructive impacts of DSM on SMS ecosystems, a further distillation of the protected area methodology is used. Where DSM mining is proposed in an area of the seabed, a similar area is proposed as a conservation or reference area. The reference area is excluded from mining to ensure that a representative and stable seabed biological community is retained so that changes can be measured and assessed. Reference zones are intended to be physically and biologically identical to the area being mined and can be source areas for species to recolonise mined areas after mining.SMS deposits provide a variety of seafloor habitats. These include hydrothermally active areas, often with chimney and vent structures, inactive areas with relict structures and non hydrothermal areas with a hard bedrock structure such as lava flows. Studies have suggested that each of these habitats supports a different type of biological community with high degrees of regional endemism. SMS mining has a number of direct initial impacts including; the removal of the majority of the fauna, altered hydrothermal activity, habitat modification and subjecting surrounding habitats to the effects of suspended sediments.

SMS deposits are not particularly stable environments and biological communities in hydrothermally active areas are subject to natural perturbations caused by changes hydrothermal activity. Active vent environments typically have a small number of specialised species which cannot exist away from such environments. Growth rates may be rapid enabling them to disperse and colonise new areas quickly in unstable environments, but species and their lifecycles are poorly understood. The fauna found in inactive vent habitats is remarkably different and is mostly sessile with many slow-growing suspension feeders.

Boschen’s study looked at a potential SMS mine and reference site off the north-east coast of New Zealand. One of the sites was a known SMS deposit of commercial interest (Proteus 1) and the other a reference site 200 m away. The reference site was selected because of its similar size and perceived similar characteristics to Proteus 1. The study used remotely collected photographic and video data from between 1 and 6 m above the seabed. Biological and geomorphological data were analysed order to characterize the biological communities found at both the sites and to determine the physical characteristics of the habitats they inhabited. Gathering data in this way permits only a limited taxonomic determination of the species present. Comparisons of much of the data collected can only be made at the family level or obviously different morphological forms within the same family. The types of animals recorded are only those that are easily seen by remote data collection methods.

Despite the obvious limitations of remotely sampling at depth the study revealed some interesting patterns. Significant relationships were identified between assemblage structure and environmental conditions, including hydrothermal features. The authors suggested that small-scale changes in the physical and/or hydrothermal properties of the seabed result in measurable differences in biological assemblages over small areas. This has important ramifications for the design of impact assessments of both potential mine area and conservations areas, impact studies have to be at a scale small enough to detect these changes. The study also found that unique assemblages occurred at both active and inactive chimneys and strongly supported the inclusion of inactive SMS areas within conservation preservation reference zones.

Unique assemblages were found at Proteus 1, the potential mine area. These were considered to be at risk from mining activities since they had not been observed elsewhere in the region. Suspension feeding species were also considered potentially vulnerable to turbidity plumes created by mining. In non-active habitats the capacity of biological assemblages to recover after chimney removal was uncertain; once the inactive chimneys are removed suitable habitat may not be available for recolonisation. In the event that suitable inactive chimney habitat is available, it could take centuries to establish mature a substrate.

The study concluded that the proposed protected area was insufficient to retain a comprehensive representation of the biodiversity patterns present at Proteus 1 and would therefore probably not on its own be a suitable preservation reference zone. The authors suggested that a network of sites developed in a regional context was required.

Implications for Mining

So, as DSM is about to begin, what do we need to know to ensure that the environmental risks and impacts of deep sea mining – including seabed habitat degradation over vast ocean areas, species extinctions, reduced habitat complexity, slow and uncertain recovery, suspended sediment plumes, toxic plumes from surface ore dewatering, pelagic ecosystem impacts, undersea noise, ore and oil spills in transport – are to be avoided?

At Solwara 1 the practise of designating a reference site has been implemented. Clearly, there are uncertainties as to whether this will provide a comprehensive representation of the Solwara 1 habitats. The study highlighted in this article and other studies emphasise the importance conducting ecological investigations at multiple spatial scales and which include a regional assessment of the biological assemblages involved. There is a clear need to undertake species identification to the lowest possible taxonomic resolution, to understand community ecology, species distribution and genetics, life histories, resettlement patterns, resilience to disturbance, and to have medium- to long-term continuous time series observations and to understand community dynamics of proposed mining sites over time.

An Environmental and Social Benchmarking Analysis produced by Earth Economics (Batker & Schmidt, 2015) for Nautilus Minerals in May 2015 suggests that “vent fauna is naturally more abundant at sites such as Solwara 1 that are actively venting, than at other deep seafloor areas where venting does not occur”. Clearly, this is a comparison of two different habitats, and is answering the wrong question. It is known that active and inactive areas of the seabed have different biological assemblages. The question is how different is the Solwara 1 site and the reference site, South Su, in a regional context and, in light of the previous study, how similar or different are they to each other.

Earth Resources also suggest that species density and diversity at both Solwara 1 and the reference site is low for all habitat zones when compared with other vent systems worldwide. This surely indicates a regional or local difference in assemblages that requires a scientific explanation. Furthermore, they go on to indicate remarkably high levels of genetic diversity amongst microorganisms found at the Solwara site, with few “dominant” species. They state that typical ranges for any given species are generally less than one metre. Species only a few metres away from each other might have little to no relation or shared genetic material. Rather than investigating life histories and dispersal characteristics of the organisms involved, the authors suggest that this is likely due to limited data.

Clearly, the data and ecological understanding of the SMS systems at Solwara 1 are not yet of the required standard. And, as the first operation of its kind, the requirement must be for the most comprehensive assessment possible. This requires the cooperation and resources of nation states, designing and funding multiple, replicable and all-encompassing independent monitoring systems to ensure we actually understand the direct and cumulative impacts of humanity’s latest foray into the oceans. Instead we have Nautilus Minerals, a small company, with no cash flow, implementing untested technologies in a country beset with governance issues. Replacing competence with confidence is unlikely to lead to success, no wonder local communities and marine experts are concerned about and opposed to such a development.

Author: Simon Judd  - Mineral Policy Institute– first appeared in the Mining Monitor, Vol.6. March 2016

Westpac Mobile Banking a safe option, but protect your PIN

Mobile banking offers great convenience and allows you to avoid travel and queues – but how safe is it?
When it comes to banking in Papua New Guinea, mobile banking is one of the safest options. It takes away the need for cash handling and storage, allows you to monitor transactions on your account regularly and it also means you can transact at a time and place that is safe and secure, with you the only person able to view account information.
However, not all mobile banking applications in the market are equal and some offer greater security.
Westpac has the most advanced mobile technology available in order to protect its customers’ mobile banking transactions. The bank also works closely with Papua New Guinea’s two mobile networks to ensure customer mobile transactions remain secure.
“Patented security gives Westpac the ability to check each mobile banking transaction, which means our customers can conduct their banking wherever and whenever it suits them –secure in the knowledge that hackers and fraudsters cannot interfere or fiddle with those transactions,” said Westpac’s Head of Retail Banking, Cameron Penfold.
While Mr Penfold is confident that Westpac mobile banking is one of the most secure ways to bank in PNG, he is also quick to remind customers that they also have a key role to play when it comes to keeping their personal mobile banking information safe.
“Banks can only do so much to protect customers – they also need to do their part,” Mr Penfold said.
“By following a few simple steps, customers can greatly reduce the chances that they will fall victim to fraud and help us to protect their money.”
To bank safely via your mobile:
• Keep your PIN number secret - nobody needs to know your secret PIN to access mobile banking, not even bank staff
• Keep your mobile phone safe - if it gets lost or stolen, notify Westpac immediately on our call centre 322 - XXXX
• Be careful who is watching - don’t let anybody see you enter your PIN number into your phone
• If you think someone has seen your PIN, dial *149# immediately, and change your PIN number (Option X on the help menu)
For more information, call the Westpac Call Center on 322 0888.
Westpac operates in three Pacific countries – Fiji, Papua New Guinea and Vanuatu – through its network of branches, ATMs, merchants and In-Store Banking facilities.