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Overview

MCC Ramu NiCo provides 3 million Kinas for various social infrastructure projects in Papua New Guinea

Commitments (Constant USD, 2023)$1,982,951
Commitment Year•2004Country of Activity•Papua New GuineaDirect Recipient Country of Incorporation•Papua New GuineaSector•Other MultisectorFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2004
End (actual)
Dec 31, 2011

Geospatial footprint

Map overview

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The purpose of this project was to assist the local social and economic development for the Ramu project, which specifically includes helping the Usino-Bundi and Raicoast areas of the Madang Province. More detailed locational information can be found at: https://www.openstreetmap.org/relation/311779 and https://www.openstreetmap.org/relation/18303654

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • MCC-JJJ Mining Development Company Limited

Receiving agencies

Government Agencies

  • Government of Papua New Guinea

Loan desecription

MCC Ramu NiCo provides 3 million Kinas for various social infrastructure projects in Papua New Guinea

Narrative

Full Description

Project narrative

In 2004, China Metallurgical Group Co. Ltd. signed a development framework agreement with the Papua New Guinea government and foreign partner companies, Highlands Pacific Company Co Ltd and PNG stakeholders Mineral Resources Development Company (MRDC), for the development of the Ramu Nickel-Cobalt Project. In 2005, China Metallurgical Group and its partners signed a 'Master Agreement' and an 'Association Agreement' to establish a framework for financing the Ramu Nickel-Cobalt Project. In 2013, MCC Ramu NiCo signed a Memorandum of Agreement (MoA) with the Papua New Guinean Government to continue operating legally in the country. The MoA also obligates the company to provide resources for various social infrastructure projects worth 3 million Kinas in Usino-Bundi and Raicaost areas, the poorest regions in the country: (1) KBK and Inland Landowner Association office in Usino Bundi; (2) Basamuk and ILEG Association Office in Raicoast, (3)Enekwai Police Station in Usino Bundi; (4) Enekwai Health Clinic in Usino Bundi; (5) Ganglau Elementary School in Raincoast; (6) Water and electricity supply to Basamuk in Raicoast; (7) ILEG Health Clinic; (8) Water and electricity supply to Danagari; (9) Usino Elementary School; (10) Water and Electricity Supply to Enekwai; (11) Naru elementary school in Madang. By the end of 2011, all projects were completed.