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Majestic Tuna Cannery In PNG To Open In 2 Months Papua New Guinea, August 13, 12

Majestic Seafoods’ K80 million (USD 37.6 million)new tuna canning facility at Malahang outside Lae is expected to open over the next two months and will create 2,000 to 3,000 jobs for local people.
When in full production, it will create 5,000 to 6,000 jobs altogether.
In the first phase of the project, in which 200 metric tons of tuna a day will be processed, up to 3,000 people will be employed.
The second phase will process 380 metric tons of tuna a day which will involve about 6,000 workers.
Majestic Seafoods is a company put up by three major companies composed of Frabelle Fishing Corporation of the Philippines, operating in PNG as Frabelle (PNG) Ltd; Philippine-based Century Canning Corporation; and Thailand-based Thai Union Corporation, a subsidiary of Thai Union Frozen Products PCL (TUF).
Thai Union is the second-largest tuna canner in the world, while Century Canning is the biggest canner in the Philippines Operations and project manager Cristito Andrade said work on the project started in September 2010 with the first phase nearing completion.
“This will be the biggest canning project in the country,” he said.
“We will be producing canned tuna and processed loins.
“The project cost around K80 million.
“The major components are the building itself for the plant.
“For the first phase of our project, we will employ 2,000 to 3,000 local people.
“In the second phase of the project, we will employ 5,000 to 6,000 local people.
“We will increase production from 200mt a day to 380mt a day.
“We are targeting to open the plant in the last quarter of this year, around October or November.”
Andrade said recruitment had started early so that women could be trained on tuna processing.
“Our human resources department has started hiring local women because we want to train them before actual production starts,” he said
“Eighty percent of the catch will come from PNG waters while 20% will come from other suppliers.
“It will be unloaded at our main port of Lae.
“From the boat, it will be transported in insulated trucks to Malahang.
“We will sell 80% of our produce overseas and 20% in the local market.
“Most will go to the European Union, while the rest will go the USA, Middle East and Japan.”
Andrade said the benefits would be enormous for the local economy.
“It will greatly benefit the local economy,” he said.
“Firstly, the labor, in which many local people will be hired.”
“Then, there are the spin-off businesses which will emerge as a result of this project.”