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Projects

Leveraging Finschhafen’s resource endowment to promote industrialization and economic growth.  About 600MW of hydropower is potentially available to FSEZ through run-of-the-river power stations in the surrounding mountainous area.  This could potentially support1 200,000 tons per year (tpy) low carbon fuel production, 500,000 tpy cement production, 500,000 tpy other mineral processing and 100,000 tpy food processing.

Cement can be produced from limestone in the surrounding area.  There is potential for manganese mining in the mountains around Finschhafen2 and manganese alloy production in FSEZ. In an alternative scenario, iron ore or nickel ore can be imported for green steel or high purity nickel pellet production. All these possible plants can tap into the hydropower availability. Coal will have to be imported for cement and manganese production. Most of the cement and some steel can be consumed domestically, the remaining mineral products will be exported.

The hydropower can also be used to produce e-ammonia or e-methanol through water electrolysis. Carbon dioxide for e-methanol production can be sourced from the cement production. Biodiesel can be produced from coconuts and other agricultural crops. Most of the low-carbon fuels will be exported.

Coffee, cocoa, coconut crops and wild-caught fish and seafood from the surrounding areas and seas can be processed in FISEZ. Some of the food products will be consumed domestically, but substantial amounts will be exported.

4 main development projects encompass all concerned sectors to the overall strategy.

 

These are:

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  1. Green energy and industrial park in Busega

  2. Airport industrial park

  3. Eco tourism and marine research (incl. Fisheries)

  4. Zoo and botanic garden

4 Main Development Projects

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Green Energy & Industrial Island

The Finschhafen Green Energy & Industrial Island is a visionary 1,000-hectare man-made island in Papua New Guinea, engineered to be a self-sufficient, zero-carbon ecosystem. Powered entirely by integrated renewable energy, it will serve as a global hub that seamlessly fuses green industry (like clean steel and biofuels), an advanced logistics and data hub, and a future fuels terminal for exporting green hydrogen. Simultaneously, it will pioneer sustainable development through a world-class marine research center and a unique eco-tourism park, establishing a comprehensive model for a profitable, eco-friendly economy.

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The Finschhafen Green Energy & Industrial Island (FGEI) is a 1,000-hectare man-made island within the Finschhafen Special Economic Zone (FSEZ), designed as a global hub for green energy, sustainable industries, marine research, and eco-tourism. It will be 100% powered by hydropower, solar, wind, and wave energy, ensuring a zero-carbon operational footprint.

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This project will feature:

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  • Renewable Energy Farms (wind, solar and sea wave) - 200ha

  • Hydropower Integration & Storage Hub - 100ha

  • Power Transmission to New Britain Islands via sea cables - 50ha 

  • Green Hydrogen & Ammonia Production - 150ha

  • LNG & Future Hydrogen Terminal - 100ha

  • Green Industrial Cluster - 50ha

  • Marine Research & Climate Hub - 50ha

  • Green Data Centre Park - 50ha

  • Export Logistics Hub & Free Trade Zone - 50ha

  • Security & Patrol Centre - 50ha

  • Eco-Residential & Commercial Area - 50ha

  • Eco-Tourism & Biodiversity Park - 50ha

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