Business Advantage Papua New Guinea 2021

Page 41

ECONOMIC FISHERIES UPDATE

Preparing for Asian markets PICTURE: ADB

With new infrastructure plans, better international market access and a new road map, PNG’s fisheries sector looks set to reach new heights. Gabriella Munoz explores. According to Bank of Papua New Guinea Business in Focus : statistics, MonierPNG’s Ltd. exports of marine products have been steadily growing over the past five years. In 2015, the sector exported 99,400 tonnes; by 2019, that amount had more than 202,300 tonnes. In the first three quarters of 2021 the sector exported 147,200 tonnes, indicating that it had been largely unaffected by the COVID-19 pandemic. The bulk of exports are for tuna, processed and canned locally, mostly in Morobe and Madang provinces. Smaller export markets exist for PNG’s reef fish and shellfish, especially to Asia.

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Quarry leading aggregate producers

The Asian Development Bank Women in Fisheries Project, part of the Pacific Private Sector Development Initiative, helps women by providing loans, training, mentorship and accessing markets to help them formalise their businesses.

Island in Western Province with the national and provincial governments. China, however, is not the only country to signal its interest in PNG’s fisheries sector. In March this year, the South Korea Fisheries New vision Infrastructure Public Agency (FIPA) signed an agreement with the NFA to share best practices and exchange The National Fisheries Authority (NFA) announced in administrative, technical and human resources information February this year that PNG’s cabinet, the National Executive in fisheries port development. The agencies also agreed to Council, had endorsed the PNG Fisheries Strategic Plan 2021–2030, a roadmap and vision for the sector and industry. explore, develop, and implement joint infrastructure to support thesuppliers, industry. Prime MinisterMonier JameshasMarape saidin inPapua a statement been in operation new Guinea. that the tion, Asphalt, Concrete such as Australian Standards (AS) specification and standards. over 60 years and is the Monier operates a high capacity as well as smaller projects such as for concrete and asphalt aggreMonier holds stockpiles of a strategic plan is inPnG lineforlargest with the country’s Visionvary- residential landscaping. single producer, supplier hardnational rock quarry producing gates and Department of Works range of standard products inand distributor of construction ing size aggregates for readymix Monier strives to provide quality, (DoW) specifications for roadbase cluding nirox Trommel for larger materials and building productsgovernment concrete, asphalt and sealing costefficiency, and sustainability materials and sealing aggregates. rock processing and sizing, sub2050 roadmap. Notably, the Marape hasroadalso in PnG. as well as various grades of high and its aggregates and production Monier’s nebiri Quarry has a stantial fleet of mobile tracked Since 2005, Monier has invested quality roadbase materials. techniques are no exception. proven capacity to produce in ex- plant and equipments, mobile foreshadowed the increation of a state-owned commercial increasing capacity and capaideally located at 10 Mile, MonAlong with a complete product cess of 1 million tonnes of quarry track crushing equipments which bility in the production of con- ier’s nebiri Quarry has a proven selection, the quarry offers serv- products per annum. provides flexibility to produce alentity to be responsible for theandgovernment’s commercial struction materials the manu- track record of providing consist- ices including product transport regular sampling and testing ternative products, large modern facturing of building products. ent quality products for more than delivery, technical support and is undertaken across the product fleet of earth moving equipment Monier has established strong 20 years. specialist industry expertise. range and test results certified to ensure peak production capacinterests in the fisheries sector. brand recognition and it has a nebiri Quarry is a leading agAll specified quarry products to provide customers with confi- ity and many more. reputation for supplying quality gregates producer supplying ag- are quality controlled to comply dence that the quarry products The fisheries plan also aims to create formal employment products and services throughout gregates to large Civil construc- with relevant standards and codes are compliant with the relevant for those for whom fisheries provide the only opportunity for participation in the formal economy, and to further develop the informal fishing sector by elevating it ‘from artisanal to professional’. It will be officially launched later in 2021.

Quality aggregates for concrete

Infrastructure Director of the NFA , John Kasu, says ‘the cost of building infrastructure in PNG is very high’ – and it takes time. The NFA is working on infrastructure projects to assist with the sector’s expansion and greater efficiencies. These include the Wagang Fisheries Port project in Lae, Morobe Province, which is now in the feasibility study stage, the Rabaul Tuna Terminal in East New Britain and the development of small jetties through PNG’s coastal areas.

QUALITY SAND & GRAVEL WASHED AND SIZED MONIER STATE-OF-THE-ART

A company built on a solid foundation. SAND PROCESSOR

HIGH-VOLUME CRUSHING PLANT WIDE RANGE OF PRODUCTS

NIROX TROMMEL FOR LARGER ROCKS

LARGE TRUCK FLEET FOR

CONSISTENT DELIVERY

International markets

EXPERIENCED AND TRAINED STAFF

PNG has an existing agreement to export tuna tariff-free to Monier produces a range of coarse This is especially true for Port the European Union. In 2020, it also gained accreditation aggregates for concrete, asphalt, Moresby where naturally occurring sealing and drainage purposes and sands of suitable quality for use in as an approved country to export seafood directly toproducts China. sands for drainage and filter materi- certified concrete is relaals in road construction and under tively rare. slabs and pavers. Monier companies has invested in and operThe accreditation concrete means that PNG-registered now in concrete the aggregates and ates a state of the art sand processing sands are an essential part of the plant that provides the functionality don’t need to go through Singapore or Hong Kong to reach mix, and the mechanical properties to wash and “size” the sand to meet of the rock is produced to conform design requirements. naturally octhe mainland Chinese market. with relevant specifications. curring deleterious materials are Sands (fine aggregates) are a criti- washed out while simultaneously cal raw material used Fujian in the manuscreening to size Fishery the sand to remove In November 2020, China’s Zhonghong facture of ready mix concrete and any organics and coarse particles. products. its high volume capacity Company signed aconcrete memorandum of understanding to crushing Having a secure supply of suitable plants provide the flexibility to prosand is critical for the manufacture duce a varying range of products build a US$156 million commercial fishing hub on Daru of quality concrete products.

From building and construction materials to water solutions, you can count on Monier toJOBbuild confidence. MONIER MAKES THE EASY EVERYwith TIME.

SEE THE FULL RANGE AT WWW.MONIER.COM.PG OR CALL US FOR FULL SPECIFICATION DETAILS AND DELIVERY OPTIONS.

Section 32, Allotment 42 | Saraga Street, MANUFACTURED AND TESTED TO 6 Mile | PO Box 734 | Port Moresby COMPLY WITH AUSTRALIA AND Phone: +675 325 3344 NEW ZEALAND STANDARDS www.monier.com.pg

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THE M ARK OF QUA L I T Y

p: +675 325 3344 or +675 7111 1674 e: sales@monier.com.pg w: monier.com.pg

SECTION 32, ALLOTMENT 42 | SARAGA STREET, 6 MILE | PO BOX 734 | PORT MORESBY

Painim Wok PNG, Friday, November 6, 2020

BUSINESS ADVANTAGE PAPUA NEW GUINEA 41 Section 32, Allotment Section 12Section | Saraga 32, Allotment 32, Street, Allotment 12 6 Mile Section | Saraga 12 | PO | Saraga 32, Street, Box Allotment 734 Street, 6 |Mile Port 612 |Mile Moresby, PO | Saraga Box | PO734 Box Papua Street, | Port 734 New 6|Moresby, Mile Port Guinea |Moresby, PO Papua Box 734 Papua New | Port Guinea New Moresby, GuineaPapua New Guinea

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