OVERVIEW
Ihu Special Economic Zone: Unlocking PNG's Economic Boom Through Sustainability
The Ihu Special Economic Zone (ISEZ) is a transformative initiative shaping Papua New Guinea’s economic future. Envisioned as a modern industrial hub and global trade center, the ISEZ unlocks the nation’s vast potential.
Resource Transformation
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Industrial Downstream Processing and Export Zone: Adds value to resources like timber, fisheries, agriculture (cocoa, coffee, etc.), oil, and minerals.
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Economic Diversification and Sustainability: Drives economic growth through resource refinement and value addition.
Strategic Gateway
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Prime Location: 270km west of Port Moresby, offering exceptional access.
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Proximity to Major Cities: Ensures efficient movement of goods and personnel.
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Global Trade Hub: Located on a key shipping route, connecting Eastern Pacific, Southeast Asia, Australia, and New Zealand. Offers efficient logistics, vast market access, and potential as a data center hub.
Sustainable Infrastructures
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Critical Capital Infrastructure Project (CCIP): Building a robust network of roads, bridges, airports, and power generation with a focus on clean energy, including hydropower.
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Water & Sanitation Systems: Ensuring reliable and sustainable water supply and sanitation.
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Telecommunications: Creating a foundation for long-term growth and attracting businesses.
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Ihu SEZ Electrification Program: Ensures reliable, clean power through partnerships.
Building a Brighter Future, One Phase at a Time
Phase 1: Laying the Foundation (Completed)
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Project Concept Development: Initial planning and conceptualization.
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Site Selection: Identifying the optimal location for the SEZ.
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Government Approvals: Securing necessary permissions and legal frameworks, including the SEZ Act 2019.
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Community Engagement: Involving local communities in the planning process.
Phase 2: Building the Future (Ongoing)
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Land Mobilization: Preparing land for development.
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Environmental Assessment: Conducting thorough environmental impact studies.
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Infrastructure Development (CCIP): Building essential infrastructure such as roads, bridges, and power systems.
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Attracting Partnerships: Seeking collaborations with businesses and investors.
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Training Local Communities: Equipping local residents with skills and training for project participation.