Tag: Papua New Guinea
Chinese company’s multi-billion-dollar plan to build a city on Papua New Guinean island near Australia
A Chinese company has put forward a multi-billion-dollar plan to build a new city on the Papua New Guinean island of Daru, which sits on the nation’s sea border with Australia.
- The proposal includes an industrial zone, seaport, business and commercial zone, along with a resort and residential area
- It’s planned for Daru Island, in the Torres Strait, only about 200 kilometres from the Australian mainland
- A spokesperson for PNG Prime Minister James Marape said the PM was “unaware” of the project
According to leaked documents, the proposal for ‘New Daru City’ includes an industrial zone, seaport, business and commercial zone, along with a resort and residential area, over a 100 km2 area.
In a letter addressed to PNG’s Prime Minister James Marape and dated April of last year, the Hong Kong registered company, WYW Holding Limited, said its “investment and development plan” included “broad ranging ideas” for the development of several areas of PNG’s Western Province, including Daru.
Full Story: https://www.abc.net.au/news/2021-02-05/chinese-company-plans-to-build-city-on-png-island-near-australia/13123698