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Chinese construction company chief says Port Moresby could be next Shenzhen

September 12, 2018


Abstract : In town to check in on a number of new development projects, Wang Hong, board chairman of China Construction Steel Structure Co., told Xinhua that Papua New Guinea's capital city Port Moresby reminds him China's economic hub of Shen Zhen 40 years ago.

Port Moresby

PORT MORESBY, Papua New Guinea, Sept. 11 (Xinhua) -- In town to check in on a number of new development projects, Wang Hong, board chairman of China Construction Steel Structure Corp, Ltd., told Xinhua earlier this week that Papua New Guinea's (PNG) capital city Port Moresby reminds him China's economic hub of Shenzhen 40 years ago.

With the historic APEC Leaders Meeting only two months away, direct flights from Shanghai all set to be in place later this year and a huge amount of construction already in action, he believes there is massive potential for growth in the South Pacific nation.

"We feel really confident about Port Moresby's continued development and the future of PNG," Wang said.

"Over the next 20 years, I believe there will be a great transformation here," he said.

Responsible for developing one of PNG's newest landmarks, China Construction Steel Structure Corp, Ltd. just wrapped construction on the Port Moresby Hilton. While the state-of-the-art 16 storey, 212 room luxury hotel at the city's Star Mountain Plaza complex is a monumental achievement for Port Moresby's skyline, for the company, Wang explained this was just a "normal project."

"Although we fully understand the significance of this building to this country and this city, compared to other projects we have done before, it was fairly straight-forward," he said. "In China and around the world, we have constructed buildings hundreds of meters high."

Despite the significant economic opportunities for development organisations, Wang said it's imperative that the growth of the city is "inclusive" and filters through to people living in the community.

In order to make sure that happens, China Construction Steel Structure Corp, Ltd. has built a number of facilities to benefit locals. The most significant of these is the PNG Butuka school development, which is ready to open at the beginning of next year.

"Our Butuka school project is part of the China-aid program," Wang said. "The deal was signed last year and it's nearly ready to be handed over."

"In total, it should be able to accommodate 2,600 children. So that's going to be a big benefit not only to the students but also to their families."

"Our next goal is to provide the city with more medical facilities," he said.


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