Home > Corruption, Land, Papua New Guinea > Will Port Moresby’s ‘Tourism City’ be a White Elephant?

Will Port Moresby’s ‘Tourism City’ be a White Elephant?

December 22, 2016 Leave a comment Go to comments
paga-hill-development

An artists impression of the promised estate

Anyone who switched on the television, radio or internet yesterday, would have been confronted with bold government announcements of a new tourism city, which will be built by Paga Hill Development Company, under the watchful gaze of its CEO Gudmundur Fridriksson.

The National (aka The Loggers Times) tells us the project ‘will have a hotel, serviced apartments, tourism and business facilities, residences, marina and a casino’.

It will also include a tourism school where pupils will evidently learn about ‘the importance of tourism’ 

We are told this will Public-Private Partnership will make Port Moresby the envy of the Pacific. But will it?

Lets look at the track record of Gudmundur Fridriksson. Anyone remember this iconic fun park at Paga Hill spearheaded by Fridriksson?

sea-park Probably not. Because it never came into being.

Or what about this book?

destination-png

You won’t find it in the bookshop anytime soon. While Sean Dorney found the book to be full of errors, Fridriksson’s company was paid K2.5 million by the national government, a price tag that was said by Dorney to be 5 x the market rate.

PNG Exposed has also pointed in the past to the 2 x Auditor General reports, 4 x Public Accounts Committee reports, and 1 x Commission of Inquiry reports censuring companies run by Fridriksson.

So if history is anything to go by this will be an expensive white elephant, that will be more mirage than reality.  

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  1. Stanis Toboi
    April 3, 2017 at 11:28 am

    why spend K55 mill on Ela beach when hospital medicine is short….

    K55 mill and we lose those old Yara trees….poor deal

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