Sunday, April 18, 2010
Chow family praised for contributions to Papua New Guinea
Sir Paulias made the tribute when opening the magnificent new K65 million Lae Biscuit Company at Kamkumung in Lae in front of hundreds of people from both PNG and overseas on Saturday.
The Governor General, in his speech, concentrated on Sir Henry and the Chow family’s contribution to PNG since its grandfather arrived at Kokopo as a coolie laborer under the German administration in 1895.
“The forefathers of the Chow family were peasant sharecrop farmers from Kaiping County, Guandong province, Southern China,” Sir Paulias said.
“One male member was recruited by the New Guinea German colonial government as a personal servant for one of its administration officers at Rabaul in 1895.
“Two younger brothers followed and settled in Rabaul.
“The Chow family now has six generations in Papua New Guinea.
“The family became part and parcel of the history and development of East New Britain and New Ireland provinces.
“Members of each generation have been active in community affairs and contributed much to the development and advancement of the two provinces.”
Sir Henry said that to have achieved and completed the brand-new facility, the biggest stand-alone biscuit-making factory in the Southern Hemisphere, needed the support of many people and friends.
“To have come this far, it had taken us 52 years of sweat, toil and hard work, and on the way we had experienced failures, discouragement and many hurdles,” he said.
“It had not been a fair sailing all the way, and with determination and willpower, especially with the help of my good wife Lady Colette, we managed to come this far.
“So they say that a successful man, there is always a woman behind him, so my friends, Lady Colette is really claiming the credit today.
“She did produce seven childen for me, five boys and two daughters.
“On their return to Papua New Guinea after their education in Australia, all our five sons had worked for Lae Biscuit Company, and they had contributed to the growth, expansion and success of the company today.
“They brought with them fresh ideas and innovation on how to manage and operate the company, even though they were not totally agreeable with me.”
An emotional Sir Henry passed the rein on to his fourth son, Ian Andrew Chow, to be the new managing director of Lae Biscuit Company.
Invited guests were entertained by singsing groups as well as a Chinese dragon dance and firecrackers, before being treated to a big party at the factory site.
The new factory will provide employment to some 450 people and with some of the best-working conditions and remuneration packages in PNG.
It is a massive vote-of-confidence in Lae, Morobe province and PNG by a Chinese family which has come to call the country ‘home’.
The buildings and whole facility consist of a main factory building which is 204 metres long, administration building, staff facility building, workshop building, emergency generating set building and guard house building.
The two biscuit-making lines are installed in the main factory building and the administration building will accommodate administration, planning, accounting and marketing.
The staff facility building has a fully-equipped kitchen and a large dining room which can prepare and provide meals and caters for 200 persons at one seating.
Lae Biscuit Company will provide meals to all staff at no cost to them.
Ablution and laundry facilities are up to international standards for a food-manufacturing facility.
InterOil signs preliminary works joint venture agreement with Mitsui
· Agreement Provides Funding For Preliminary Works at Condensate Stripping Plant
· Project Anticipates Yield of Approximately 9,000 Barrels of Condensate Per Day
Port Moresby PNG, Cairns, Australia and Houston, TX --April 15, 2010: INTEROIL Corporation announced ON Thursday, April 15, that the Company has entered into agreements with Mitsui & Co. Ltd., to jointly operate and fund the preliminary works involved to develop a proposed condensate stripping facility ('the Project') at InterOil's Elk and Antelope field site in Gulf Province, Papua New Guinea.
The preliminary works program is for all the works required to take us through the Front
End Engineering and Design (FEED) stage for the construction of a condensate stripping plant, to
the point of Final Investment Decision (FID).
The Project is proposed to be designed to process 400 million standard cubic feet per day (mmscf/day) of wellhead gas with an anticipated yield of approximately 9,000 barrels (bbls) of condensate per day.
Dry gas will be reinjected into the reservoir for storage until the proposed LNG facility has been constructed.
The condensate will be barged to the InterOil refinery in Port Moresby for processing and sale.
InterOil and Mitsui will each be responsible for half of the capital expenditure involved in
the preliminary works and Mitsui will fund InterOil's share.
Standard conditions of the agreements include the completion of FEED, an EPC agreement,
and the definitive agreements by December 31, 2010, necessary to reach FID.
In the event that FID is not reached, InterOil will be required to refund the capital expenditure incurred to date within a specified period.
"We look forward to a long and prosperous relationship with Mitsui, one of the largest energy conglomerates in Japan, InterOil Chairman and CEO Phil Mulacek said.
"When in production, the condensate project will provide a stable platform of early cash flow enhancing the benefit to partners in our proposed LNG project."
For further in formation please contact
Susuve Laumaea
Senior Manager - Media Relations/Public Affairs
InterOil Corporation (PNG Operations)
Ph: 321 7040 or 3099363
Mobile: 72013870
Email: susuve.laumaea@interoil.com
Friday, April 16, 2010
A dream comes true for Chow family with opening of Lae biscuit factory
Caption: Lady Colette Chow and Sir Henry Chow with son Ian, Lae Biscuit Company managing director, with a Chinese guardian lion at the new factory in Lae.-Picture by GABRIEL LAHOC
Hundreds of invited guests from
The guest list reads like a who’s who of PNG business, government and politics who will be there to witness the opening of PNG’s largest single factory and the biggest stand-alone biscuit-making factory in the southern hemisphere.
Excitement is already building up among the Lae business community and people as they see this as an opportunity to shrug off some of the much-maligned ‘pothole city’ tag and to regain some of its lost glory.
It will be a special day for company founder and chairman, Sir Henry Chow, aged 76, a member of Chinese family that has been in the country for 115 years – spanning six generations - since its grandfather arrived at Kokopo as a coolie labourer under the German administration in 1895.
“The family has done very well over the 115 years from our coolie grandfather labourer to come to this stage,” an emotional Sir Henry told reporters in his magnificent new boardroom.
“It has not been easy.
“The family has been through two world wars.
“With a coolie labourer background, we have been discriminated against by the Germans and then the Australians.
“Our parents have sacrificed and educated all their children in
Sir Henry, a trained boat builder, bought off a small biscuit-making company called Lae Biscuit Company at Voco Point in Lae in 1974.
“It was a very small factory, making a quarter tonne of biscuits a day,” he recalled.
“In 36 years, Lae Biscuit has grown and expanded 150 tonnes.”
Asked what his secret was, Sir Henry revealed: “Determination and will because I want to make good.
“My grandparents on both sides instilled in me that they were discriminated against and we have to work hard to become a success.
“That has been ringing in my head all these years.”
Tomorrow, a dream comes true for Sir Henry and the Chow family, as they shrug off a stigma that has haunted them since their grandfather first set foot on PNG shores all those years ago.
Thursday, April 15, 2010
Lae’s new biscuit factory to open on Saturday
The magnificent new Lae Biscuit Company factory at Kamkumung in Lae, the largest single factory in Papua New Guinea, will be officially opened by Governor General Sir Paulias Matane on Saturday.
This brand-new biscuit-manufacturing facility is a modern and functional one and is the biggest stand-alone biscuit-making factory in the Southern Hemisphere, comparable in standard with any similar factory in Australia.
It will provide employment to some 450 people and with some of the best-working conditions and remuneration packages in PNG.
The buildings and whole facility were built by Lae Builders and Contractors and consists of a main factory building which is 204 metres long, administration building, staff facility building, workshop building, emergency generating set building and guard house building.
The two biscuit-making lines are installed in the main factory building and the administration building will accommodate administration, planning, accounting and marketing.
The staff facility building has a fully-equipped kitchen and a large dining room which can prepare and provide meals and caters for 200 persons at one seating.
Lae Biscuit Company will provide meals to all staff at no cost to them.
Ablution and laundry facilities are up to international standards for a food-manufacturing facility.
Lae Biscuit Company chairman Sir Henry Chow told reporters yesterday that it had cost the company K65 million to build and operate the factory.
"This is the best food-making facility in PNG," he said.
"Nothing can compare with it."
Sir Henry said he came up with the idea of a new factory after Lae Biscuit Company found out that demand for the its popular Snax biscuits was outstripping supply.
"This new factory, when fully functional, will produce 100 tonnes of biscuits a day," he said.
"We will be able to fully meet our (PNG) needs for the next five years."
Monday, April 12, 2010
Prime Minister opens new UNRE buildings
Captions: 1. Sir Michael with Tropicana owner Sandra Lau at the Vision 2050 Library. 2. Plaque at the new Vision 2050 Library. 3: Vision 2050 Library plaque. 4: Prime Minister Sir Michael Somare opens the UNRE’s new administration building which is named after him. 5: Plaque at UNRE’s new administration building
UNRE addresses seven pillars of Vision 2050
Captions: Vice Chancellor Prof Philip Siaguru addresses the UNRE graduation in Vudal last Friday
The
This is what places the UNRE in good stead for the future, he said at the university’s graduation last Friday.
Prof Siaguru said despite all the hype about liquefied natural gas and other non-renewable resources, these would all be gone one day, and the cash generated from these should be invested in Papua New Guinea’s vast and rich renewable resources sector.
“Hence, in this University of Natural Resources and Environment, we have made it our business to build this task into our vision and mission, so that al arms of this university, together with our likeminded partners such as the National Fisheries Authority, must stay focused on the primary task of alleviating poverty, reducing displaced cultures, and most importantly through agricultural and fishing skills, keep providing food security to the critical masses,” he said.
“The very basic reason youths and those displaced in the community steal and kill is because they are hungry, they are deprived of a very-basic but significant need.
“The university’s vision, which is ‘sustaining the livelihood of critical masses through education’, was carefully woven into the university’s task because this institution believes in empowering communities to help themselves.
“We believe our professionally-trained graduates will drive this vision and multiply it on for its worth, beyond today, beyond what the two Sirs, and former and one current Prime Minister (Sir Michael Somare and Sir Rabbie Namaliu) seated here have started.
“We must begin by empowering the communities to be self-reliant and bolster food security in households and fishing lots.
“We must rearrange their attitude through education by providing that confidence in farmers so that they can lift from the mentality of waiting for government services and assistance, and propel themselves towards being self-reliant.”
Prof Siaguru said the focus should be shifted from training for jobs to that of job creation.



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