Posted at 22:23 on 29 January, 2013
UTC
The Asian Development Bank and Papua
New Guinea government have signed a loan worth 41.5 million US dollars to fund
a Maritime and Waterways Safety Project.
The project will help improve
navigational aids, allowing ships to travel more safely through PNG’s largely
uncharted and often unsafe waters.
With over 600 islands spanning a
total sea area of over 3.1 million square kilometers, PNG relies heavily on its
network of coastal shipping services.
The Country Director of ADB’s PNG
Resident Mission, Marcelo Minc, says the project will upgrade the existing
navigational aids network, reducing risks such as the blockage of shipping
channels which causes serious injury, loss of life, and environmental damage.
Source. Radio New Zealand International
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