Joint venture company opens economic centre

Business

Wonye Ltd, a joint venture company established by Steamships property arm, Pacific Palm Properties, and local business Tininga, unveiled their new K58 million Hagen Central project on March 16.
The project development is a mixed-use retail and commercial development which is set to meet the demands of the growing Highlands’ economic centre.
The complex consists of four buildings: three warehouses and a supermarket with office space above.
The design provides144 off-street and secure car park spaces, plus three 20-foot container truck parking bays.
To celebrate the official opening of Hagen Central, a commemorative plaque was unveiled by Margie Duckworth and Merlin Swire, as representatives of the shareholders of Tininga and Steamships.
Tininga managing director Pat Duckworth said: “It’s fantastic to see a company of the size and stature of Steamships actively involved in Mount Hagen, with current developments at the Highlander and Hagen Central together with a considerable property portfolio.
“This is definitely the largest project that Tininga have been involved in to date and is a demonstration of our commitment to Mount Hagen.”
Lawrie Foster, general manager of Pacific Palms Property, agreed: “We are pleased with the outcome of Hagen Central.
“The JV partnership with Pat and Margie Duckworth of Tininga brings Steamships together with like-minded individuals, who have a long-term and quality perspective, and a prominent standing in the Hagen community.”