Scott Morrison has described a Chinese company’s $39billion plan to build a city on Australia’s doorstep as ‘speculative’.
The prime minister and his government will look closely at the plans made by the Beijing-backed Hong Kong registered company, WYW Holding Limited.
Leaked documents revealed the company intends to construct a new city on the Island of Daru in Papua New Guinea – just 200 kilometres north of Australia’s Cape York.
The plans were submitted to the PNG government in April last year and, if approved, could include a major sea port, an industrial zone as well as a commercial business precinct.
Mr Morrison said he maintained a close relationship with PNG prime minister James Marape and the pair were ‘on the same page’, The Australian reported.
Scott Morrison has described a Chinese company’s $39billion plan to build a city on Australia’s doorstep as ‘speculative’
A Chinese company has lodged a