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Overview

Ramu Nico provides $2 million USD for environmental background survey on land and sea

Commitments (Constant USD, 2023)$3,753,032
Commitment Year•2006Country of Activity•Papua New GuineaDirect Recipient Country of Incorporation•Papua New GuineaSector•General Environmental ProtectionFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2006

Geospatial footprint

Map overview

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The purpose of this project was to conduct special surveys on freshwater fish resources in the Ramu River and deep-sea fish resources in the Basamuk River. More detailed locational information can be found at: https://www.openstreetmap.org/relation/313138 and https://www.openstreetmap.org/node/10758756252

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 description

Ramu Nico provides $2 million USD for environmental background survey on land and sea

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. In addition, the MOA obligates the company to conduct environmental background survey on land and sea. Between 2006 and 2008, Ramu NiCo provided $2 million USD to conduct special surveys on freshwater fish resources in the Ramu River and deep-sea fish resources in the Basamuk River. The company also set up 2 meteorological stations and six hydrological observation stations in the project area to monitor the environment and collect meteorological and hydrological data.