K2 BILLION CHINA TOWN DEVELOPMENT PROGRESSES

The construction of China Town project at 5-Mile in #AmazingPortMoresby has resumed, and progresses are being made to the development.

The project is being funded by Boasen International Holding and other Chinese consortium at a cost of K2 billion.

PNG SUN has observed that steel beams have been planted at the project site with lease marketing billboards.

The work on the project came to a halt for more than three years since its groundbreaking ceremony in April 2019. The work stopped due to Covid-19 pandemic then.

The project, which is expected to be completed next year, will create more than 10,000 jobs and business opportunities for the city residents.

The China Town, when completed, will feature recreational spots, restaurants, retail and wholesale shops, cinema and entertainment centers and office building.

Steven Kenda
Steven Kendahttp://www.thepngsun.com
Mr Steven Kenda holds a Bachelor of Art in Journalism and Public Relations from the University of Papua New Guinea (UPNG).

━ Related News

SEZA, PNG TPA sign MoU to advance sustainable Tourism Development

The Special Economic Zones Authority (SEZA) and the PNG Tourism Promotion Authority (PNGTPA) on Tuesday, 18 August, signed a Memorandum of Understanding (MOU) in...

Midstream landowners demand proof of LANCO mandate in Papua LNG

The 127 clans affected by the Papua LNG pipeline have challenged the Government and TotalEnergies EP PNG Limited to prove who authorized Hiri Elema...

PM Marape to lead PNG investment push in Solomon Islands

More than 126 Papua New Guinea-origin businesses have established investments across 18 sectors in the Solomon Islands, providing 7,500 jobs and business opportunities for...

Lufa Coffee farmers earn K268,500 through group marketing

Smallholder coffee farmers in Lufa, Eastern Highlands Province have earned about K268,500 from the 2026 group marketing season, with participating farmers receiving an equivalent...

New Porgera returns show PANGU Pati’s Resource Policy deal is working: Tovebae

PANGU Pati General Secretary Morris Tovebae says the K2.1 billion economic contribution delivered by New Porgera Limited in the first half of 2026 is...