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OVERVIEW

IHU Special Economic Zone Map.png

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

  • Industrial Downstream Processing and Export Zone: Adds value to resources like timber, fisheries, agriculture (cocoa, coffee, etc.), oil, and minerals.

  • Economic Diversification and Sustainability: Drives economic growth through resource refinement and value addition.

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Strategic Gateway

  • Prime Location: 270km west of Port Moresby, offering exceptional access.

  • Proximity to Major Cities: Ensures efficient movement of goods and personnel.

  • 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

  • Critical Capital Infrastructure Project (CCIP): Building a robust network of roads, bridges, airports, and power generation with a focus on clean energy, including hydropower.

  • Water & Sanitation Systems: Ensuring reliable and sustainable water supply and sanitation.

  • Telecommunications: Creating a foundation for long-term growth and attracting businesses.

  • 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)

  • Project Concept Development: Initial planning and conceptualization.

  • Site Selection: Identifying the optimal location for the SEZ.

  • Government Approvals: Securing necessary permissions and legal frameworks, including the SEZ Act 2019.

  • Community Engagement: Involving local communities in the planning process.

Phase 2: Building the Future (Ongoing)​

  • Land Mobilization: Preparing land for development.

  • Environmental Assessment: Conducting thorough environmental impact studies.

  • Infrastructure Development (CCIP): Building essential infrastructure such as roads, bridges, and power systems.

  • Attracting Partnerships: Seeking collaborations with businesses and investors.

  • Training Local Communities: Equipping local residents with skills and training for project participation.

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