Japan Development Company will be looking to make sure that things run smoothly as they journey throughout the country to survey all proposed Special Economic Zone (SEZ) sites.
Chief Executive Officer (CEO) and Chair of the JDI, Shoichi Kobayashi, expressed that they are very honoured to be in the country to undertake this great initiative.
Dr. Kobayashi and his team have had experience in pioneering SEZ around the world and hold vast knowledge of SEZ implementation.
Kobayashi added that due to the vast resources that are found all over the country, the program is very much practical and can advance greatly in the country.
Dr. Kobayashi also believes SEZ’s can help create job opportunities for Papua New Guineans.
At the moment, Dr. Kobayashi explained that as soon as the master plan is set, he will be focusing on attracting investors to the country and creating employment.
“I cannot guarantee anything, I am not a magician but this system works in the world. Almost 147 countries have adapted it, not all have been successful but almost 5,000 SEZ’s have been implemented. If other countries succeeded, then why not PNG.”
Drawing from over 30 years of experience, Dr. Kobayashi believes that this undertaking will benefit the nation as a whole in transforming the economy and generate revenue to propel the country to reaching Economic independence and creating employment for young people.
“PNG has a different economic status. You have a lot of resources and land with a relatively small population that is very much diversified in culture.”
He added that for the SEZ implementation to be accurate, proper coordination between all stakeholders is key in orchestrating successful programs.