By Quinton Alomp, EM TV News, Port Moresby
NCD Governor, Powes Parkop said five more new roads will be constructed in Port Moresby once funding is available.
Governor Parkop said this will happen once they secure a K300 million loan from Bank South Pacific (BSP).
He announced this during his official tour of the newly constructed ring road linking nine mile to Gerehu roundabout, then through Baruni bypass and Hanuabada village.
Mr Parkop was impressed with the standard of the road saying it will open up city’s expansion and development.
Construction Company, China Harbour Engineering said they will complete the road before Christmas (25th December) this year.
Capital Project Coordinator, Augustine Ravi said they are managing within budget and on time.
The total cost of the project stands at K380 million. It was awarded to China Harbour Engineering Company after the government successfully obtained funding from China’s Exim Bank in 2014.
Mr Ravi said the road from Nine mile to Gerehu roundabout is 80 per cent complete however, from Gerehu roundabout to Baruni bypass and through Hanuabada roundabout is still progressing.
“Overall we are 48 per cent complete.
“We still half way through and still managing within budget,” Mr Ravi said.