Steamships proud of its PNG investments

Business

STEAMSHIPS and its businesses are deeply committed to the development and growth of Papua New Guinea, after opening its new K250 million Harbourside South development in Port Moresby on Friday.
Steamships Trading Company managing director Rupert Bray said: “Our investment into the precinct has brought in new international brands such as the Marriott, highlighting Steamships’ reliability and confidence as a joint-venture partner and business leader in PNG.”
“It was exactly three years and four months ago when we commenced construction.
“We know that we have already created over 100 jobs in the building and I know with a lot of the support industries and many more.
“Partnerships between the private and public sector is important in driving prosperity and growth.
“PNG has its fair share of challenges, fluctuations of the commodity prices that drive much of the economy in minerals and agrarian, the Coronavirus and more recently, some fluctuating political uncertainty, the social upheaval in January brought destruction and disruption in our community, to the city of Port Moresby and Steamships as well. It is important that we remain steadfast in our commitment to building a brighter future for Port Moresby and PNG.
“The opening of Harbourside South and the Marriot Executive apartment symblolises Steamships’ belief of the potential of PNG.
“As business leaders, it is our responsibility to invest in PNG to create jobs, empower communities and contribute to the overall wellbeing of the society, we can’t do that alone, but need the support of the Government, government department and ministries and state agencies,” Bray said.