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REQUIREMENTS TO ESTABLISH SPECIAL ECONOMIC ZONE's IN PAPUA NEW GUINEA

Applicant
DETAILS
Certificate of Incorporation
Certified copy of the Certificate of Incorporation of the Applicant and the Memorandum and/or Articles of Association of the Applicant
Share Registry
Certified copy of the Share Registry of the Applicant
Registered address & Contact Details
The registered address and the contact details of the relevant officer of the Applicant including physical address, email address and telephone numbers.
URL
Details of the website of the Applicant
Resolution of Applicant
Certified copy of the resolution of the Board of the Applicant to make an Application for the Establishment of a Special Economic Zone.
Banking Details
The names of the Applicant's banks and the contact details of the relevant officer of those banks including physical address, email address and telephone numbers of those officers who are able to provide financial references for the Applicant.
Annual Financial and Audit Reports
Certified copies of the Annual Financial Statements and Audit Reports of the Applicant for the five (5) years immediately prior to the date of the application.
References
The names of five persons and their contact details, including physical address, email address and telephone numbers who are able to provide business references for the Applicant.
Proposed SEZ location
Sufficient information to fully identify the site (including geographical location, boundary, map coordinates, property registration designations) and the details of the ownership of the site, including the certified Certificate of Title to the site. the extent to which land has been acquired for the Special Economic Zone and security of tenure including confirmation by the State Solicitor that the proposed Special Economic Zone site is not subject to any actual or impending legal liability, expropriation proceedings, disputes, or other contingencies that may give rise to a legal claim.
General Description of the proposed SEZ
The proposed economic activities of the proposed Special Economic Zone.
Business Plan & Feasibility Study
The business plan and feasibility study detailing the development, operation, and-maintenance of the proposed Special Economic Zone, including the details of all assumptions and forecasts used in the development of that business plan and feasibility study and the method of calculation of the positive financial and economic rate of return.
International Trade effect
Details of the international trade effect of the proposed Special Economic Zone, including the projected value of exports and re-exports, value-added processing potential, and investment and transfer-of-technology impact (all of which are to include the assumptions, figures, data and calculations in respect of those matters that are sufficient to allow for independent verification of them)
Domestic Manufacturing Impact
Zone on the establishment or retention of domestic manufacturing and downstream processing activities (all of which are to include the assumptions, figures, data and calculations in respect of those matters that are sufficient to allow for independent verification of them)
National Job Creation
Economic Zone (which is to include the assumptions, figures, date and calculations in respect of those matters that are sufficient to allow for independent verification of them
Use of National Capacity
Details of how the Special Economic Zone will utilise existing national capacity to promote integration and linkages with the domestic economy (which is to include the assumptions, figures, date and calculations in respect of those matters that are sufficient to allow for independent verification of them)
Enterprice Clusters
Details of the extent to which the planned Special Economic Zone is in proximity to Enterprise Clusters
SEZ Investment Envelope
Details of the extent to which the proposed business plan and feasibility study satisfies the requirements of an Special Economic Zone Investment Envelope
Fitness of proposed Site
Details of the fitness of the proposed SEZ site and existing or planned Infrastructure in light of the business, development, and operation plans
Population Impact
Details of the extent of any population displacement or relocation resulting from Special Economic Zone construction and development and the method by which the applicant will address and meet the compensation costs of such displacement or relocation
Off-site Infrastructure
Details of the access of the proposed site to actual or planned Off-Site Infrastructure
Expansion Potential
Details of the physical expansion potential of the proposed Special Economic Zone
Physical Security Measures
construction means to be employed to separate development areas of the Special Economic Zone from one another, as well as from the Domestic Customs Territory, to prevent the evasion of the payment of any applicable Import Charges or taxes.
Environment law Compliance
Details of the degree of compliance with a law or any law relating to the environment.
Prior Consultation
Details of the consultation with local communities and the provincial government prior to the application, including details of all meetings held, their minutes and the identity of the persons consulted.
Poverty Reduction Goals
Details of the consistency of the proposed Special Economic Zone with national, provincial and local-level government development and poverty reduction goals.
Multiple Users
Details of the extent to which the proposed Special Economic Zone can be designed and constructed for multiple Special Economic Zone Users
Legal Compliance
Details of the extent to which the proposed land area complies with any law in respect of land, planning, construction, and public works
Governmental Support
Details of all consultations with Competent Authorities and the degree to which Competent Agencies support the establishment of the proposed Special Economic Zone
Other Matters
Details of any other matter that the Applicant considers appropriate to protect the public interest, health, safety, and welfare of the State.
Energy Supply
The applicant must provide details of the energy supply for the proposed Special Economic Zone, including the source of the energy, the reliability of the supply, and any backup systems in place in case of power outages.
Water Supply
The applicant must provide details of the water supply for the proposed Special Economic Zone, including the source of the water, the reliability of the supply, and any treatment systems in place to ensure the water meets appropriate quality standards.
Waste Management
The applicant must provide details of the waste management system for the proposed Special Economic Zone, including plans for waste collection, treatment, and disposal, as well as any recycling or reuse initiatives.
Telecommunications Infrastructure
The applicant must provide details of the telecommunications infrastructure for the proposed Special Economic Zone, including the availability of high-speed internet, phone services, and other communication technologies.
Transportation Infrastructure
The applicant must provide details of the transportation infrastructure for the proposed Special Economic Zone, including access to major highways, railways, airports, and seaports, as well as any plans for the development of new transportation infrastructure.
Security Infrastructure
The applicant must provide details of the security infrastructure for the proposed Special Economic Zone, including plans for perimeter security, access control, and surveillance systems, as well as any arrangements for security personnel and emergency response services.
Occupational Health and Safety
The applicant must provide details of the Occupational Health and Safety (OHS) policies and procedures that will be in place for the proposed Special Economic Zone, including plans for training, hazard identification and risk assessment, and emergency response.
Intellectual Property Rights
The applicant must provide details of the measures that will be in place to protect intellectual property rights in the proposed Special Economic Zone, including any relevant laws, regulations, and enforcement mechanisms.
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