The Pacific Marine Industrial Zone (PMIZ) in Madang is not a licensed Special Economic Zone (SEZ) and it is not a Special Economic Zone yet, says Special Economic Zone Authority (SEZA) Acting Chief Executive Officer (CEO) Kikila Yavase. Mr Yavase said PMIZ is a proposed site and they are still waiting for developers to come in and they can apply to meet the requirements for the SEZ Act and the SEZA Board will formally issue SEZ License.
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