Bougainvilleans marching during the Independence day celebrations earlier this month. President Toroama says the Infrastructure Agreement is a "momentous step" for the government to "building a prosperous future for Bougainville through substantial advancements in critical infrastructure development". Photo: Autonomous Bougainville Government/23092801
Bougainville's President Ishmael Toroama has signed an agreement aiming to deliver $US4.8 billion worth of critical buildings, roads, ports and airports.
Toroama made the statement just ahead of the Pacific Sustainable Infrastructure Conference in Brisbane, which Bougainville attended this week.
said the autonomous Papua New Guinea region has seen little progress in the 18
years since the first Bougainville government was elected in 2005, and he wants
to change that.
president says the agreement provides a framework to deliver key infrastructure
in a short timeframe.
would be for government buildings, schools, hospitals, airport, sea ports,
bridges, roads, power, telecommunications, and other essential infrastructure.
is yet to be obtained.
Infrastructure Agreement represents a momentous step for the ABG towards
building a prosperous future for Bougainville through substantial advancements
in critical infrastructure development," he said in a statement.
companies involved include the Bougainville Public Private Partnership Ltd,
which will be responsible for raising the funds and the project delivery.
engineering and architecture company Kramer Ausenco (PNG) Limited also has a
role, along with Bougainville Islands Group Limited (BIGL), which the
Bougainville government says has agreed, in principle, to provide land for the
Toroama said the Autonomous Bougainville Government will be working together in
partnership with the companies "to deliver transformative benefits for the
people of Bougainville".
Pacific Infrastructure Conference involved political, business representatives
from the Pacific Islands, Australia, New Zealand, the USA, Japan, France, and
various international partners, including the Asian Development Bank, the World
Bank, and United Nations Development Programme.