Author: LOT 542

Secretary of Lands, Benjamin Samson, announces an extensive debt recovery campaign to address the significant issue of land rent arrears. The Department’s land management software, eLands, has identified a sum of over K365,000,000 in overdue payments, signalling a crucial need for immediate action. The Department of Lands and Physical Planning has launched an intensive debt recovery initiative focused on settling the outstanding land rent payments and securing future compliance. Secretary Samson stated, “This debt recovery initiative represents our determined approach to address pending financial obligations. We are committed to identifying and addressing these obligations efficiently.” An important measure in this…

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By Steamships Ltd Steamships Limited recently took possession of Motukea North from Curtain Bros Limited. This is a significant milestone for Steamships in its plans to develop the 38-hectare site to the north-west of Motukea Wharf into Portside Business Park.   Steamships Managing Director, Rupert Bray, said We see the Portside Business Park precinct as the future industrial and commercial hub for Port Moresby. Steamships is proactively working with the respective PNG Government agencies to have Portside Business Park become a Special Economic Zone. This industrial park has the potential to become the catalyst for economic development in both the…

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