By Michelle Steven – EMTV News, Port Moresby
Port Moresby will have an official China town located in the junction of Boroko Drive and Hubert Murray Highway in Port Moresby. The launch of this urban complex investment was staged yesterday (15th April).
Papua New Guinea is the first Pacific Island country to sign a ‘one belt one road’ Cooperation Agreement with China. With the visit of China’s President Xi Jinping to PNG during APEC, the two countries mutual trust, cooperation and win-win situation were pushed to a new height.
Under this opportunity, Baosen Chinatown was introduced and became the best endorsement and symbol of the rapid economic growth and commercial upgrading of PNG.
Baosen Chinatown is located in the core of Port Moresby. As a large urban complex with a total construction area of 270, 000 square metres, Baosen China town is the largest single construction project.
The Chinese Ambassador to Papua New Guinea, Xue Bing says this initiative is part of Papua New Guinea and China’s friendship.
Like the Upper East Side of Manhattan in New York, Kensington Palace Gardens in London and Repulse Bay in Hong Kong, in Port Moresby, Baosen Chinatown will be located in the best area with both prosperity and liveable.
The ambassador believes Chinese culture should be seen as part of the Melanesian culture.
During the ground breaking ceremony, Prime Minister Peter O’Neill said that this iconic project takes place in Port Moresby which will reflect the growing development of the city and country.
The Prime Minister said, China and Papua New Guinea have a very strong bilateral relationship well over 43 years and that relationship continues to strengthen.
O’Neill says this investment, costing billions of kina is the largest investment China will have in Papua New Guinea.