Star Mountain Plaza project

K316m invested into Star Mountain project while essential services suffer

“This is a substantial amount of public funds being invested into a private commercial venture that may not bring the anticipated returns for the people of PNG,” the organisation says in a statement.

TIPNG strongly believes that this investment venture is not in the best financial interests of the people of Papua New Guinea. 

Star Mountain Plaza to be completed by September

Managing Director for Mineral Resource Development Company (MRDC), Augustine Mano announced this after the media was given a tour of the project site.

The prestigious hotel will have more than 200 rooms and will be managed solely by the Hilton Group of Company.

Mano said the landowners will take 80% and the Government 20% in the project.

“MRDC has invested more than K200 million in the Star Mountain project.”