Newcrest Mining Ltd and the New Ireland provincial government have announced the commencement of three key projects in New Ireland to improve community health, education facilities and infrastructure.
The three high
impact projects in New Ireland are to be funded by Newcrest Mining Ltd in
partnership with the Governor of New Ireland Province, Sir Julius Chan.
New Ireland Governor sir Julius Chan (left) and Newcrest country manager Peter Aitsi at Palie |
Newcrest Mining
country manager, Peter Aitsi, said the three agreed projects were the first of
five to be funded by Newcrest.
“As a gesture of
‘goodwill’ to the people of New Ireland, Newcrest is making available K2
million to fund high value impact projects which align with the New Ireland
Provincial Government priority areas,” Aitsi said.
“The funding for these
projects is above and beyond the requirements within existing agreements, demonstrating
Newcrest’s desire to engage in effective partnerships with its key
stakeholders.”
The three projects
are:
1.
Funding for an additional doctor under the Australian Doctors
International Memorandum of Agreement with the New Ireland Provincial
Government (NIPG). This funding amounts
to AUD$70,000 each year for three years or approximately K163, 000 per year, or
K490,000 over the three years.
2.
Providing concrete surfacing over the Namatanai (Moronai)
Bridge and associated embankment work. Project budget K400,000.
3.
Connecting and commissioning an existing generator and undertaking
reticulation of the power system to Namatanai High School. Project budget
K300,000.
It was also agreed that
Newcrest Mining Ltd technical staff would work with the Public Works New
Ireland to fully assess the scope for the Namatanai Bridge and Namatanai High
School projects as well as to reconfirm the budgets to complete the projects to
the required specifications. Sir Julius met with Aitsi last week after the adjournment
of Parliament. Their discussions led to the
first three projects being signed off. During the meeting Aitsi reaffirmed
Newcrest’s commitment to building a long and productive relationship with the NIPG.
Sir Julius in supporting
the partnership said “These projects indicate a new desire for a more co-operative
platform between Newcrest and the New Ireland Provincial Government.
“The projects will positively
impact the lives of the People of New Ireland Province and signal a renewal of
the economic and commercial life of the Province”.
Newcrest operates the Lihir
Gold Mine in the New Ireland province.
“Getting agreement to
commence three of the five projects is excellent news”, Aitsi said.
“Newcrest and NIPG through these projects will
target important areas such as health, education and infrastructure.
“This joint effort will
see the conversion of our efforts into projects with meaningful impact.”
The remaining two projects
will target the key area of health and are expected to be finalised soon.
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