Paga Hill Estate

K3 billion tourism hub construction to start soon

That is the guarantee from Paga Hill Development Company CEO Gudmundur Fridriksson today after the MoU signing with Tourism Promotion Authority CEO Jerry Agus and Trade, Commerce and Industry secretary, John Andrias.   

Fridriksson said it was a proud moment for the company as it took 20 years to see the proposal get off the ground.

Paga Hill Development Company will meet the total cost of construction of the planned tourism hub.

Fridriksson challenged the government to provide incentives to help the company in fast tracking the construction of the project.

K3 billion tourism hub for Port Moresby

A  Memorandum of Understanding (MoU) was signed today by Tourism Promotion Authority CEO Jerry Agus and Trade, Commerce and Industry secretary, John Andrias, and Paga Hill Development Company CEO Gudmundur Fridriksson.    

Tourism Minister Tobias Kulang and Trade, Commerce and Industry Minister Richard Maru were also in attendance.