PNG Ports to move into new offices

Business

PNG Ports will be based on the top two floors of the Noble Centre in Downtown, Port Moresby, which will be the tallest building in the country once completed next year.
This is through an equity partnership with China Railway Engineering Corporation (CREC) which is constructing the building, said PNG Ports managing director Stanley Alphonse.
“We’ve got land down there and given the developments that are happening, we could not let our land lie idle around there,” he said.
“We got into an equity partnership with China Railway Engineering Corporation.
“They will build the building. We will own two floors at the top outright and a car parking space, and contribute a minor cost to the joint venture that’s managing it.” PNG Ports’ temporary headquarters is at the Credit Corporation building along Cuthbertson Street in Downtown.
This move is part of the greater relocation exercise of taking out the port of Port Moresby and moving its operations to the recently-completed Motukea Port.
Alphonse also gave an update on the West Tidal Basin Project in Lae, which is expected to be completed next year.

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