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

PM MARAPE: A NEW, SUSTAINABLE CHAPTER FOR OK TEDI & WESTERN

Prime Minister, James Marape has called for a renewed and people-focused agreement for the Ok Tedi mine following the CMCA Extension Review Working Group...

PORT MORESBY MOVES CLOSER TO BECOMING GATEWAY TO ASIA & PACIFIC

National Capital District Governor, Powes Parkop has welcomed the Marape-Rosso Government’s support for the launch of China Southern Airlines’ new route connecting Guangzhou, Port...

PANGU PATI CONGRATULATES ALBANESE, CELEBRATES ENDURING PANGU-ALP BOND

Pangu Pati has extended heartfelt congratulations to Anthony Albanese on his re-election as Prime Minister of Australia, praising the deepening relationship between Papua New...

MOTHER, OFFICER, ACHIEVER: EVELYN BASSE DEFIES ODDS TO GRADUATE

The path to education is rarely smooth, but for Evelyn Basse, a dedicated mother and serving police constable from Madang, the journey back to...

K3O MILLION MARAMUNI RURAL HOSPITAL PROJECT GOES TO TENDER

The long-awaited K30 million Maramuni Rural Hospital project in the remote Maramuni area of Wabag District, Enga Province, is now ready to go to...