Nearly 400 people have been repatriated to Simbu to allow for development in the land they have been occupying in Port Moresby’s Air Transport Squadron (ATS) area.
A landmass of 97 hectares will be developed for housing projects, a farm and resort.
Nationally owned company, Korry Holdings Limited, will develop the land.
To pave way for the land to be developed, families were repatriated back to Simbu with necessary supplies to rebuild their lives.
Over the weekend, progress was made with Korry Holdings, launching machines to signify the development of the land with specific designs approved by the Department of Lands and NCD Physical Planning Board.
“Under our sister company Pilgrim Construction, the land will be developed. [The] housing estate is our biggest project to alleviate the housing woes by residents in the city,” said Michael Korry, principal owner of the company.
Korry believes the new development will help many middle income Papua New Guineans in the city.
Other developments to be built include shopping areas, recreational facilities, churches and a state-of-the-art resort on top the ridges.
“This two machines ( an excavator and truck) were purchased to kick start the first phase of the land development,” Korry said.
The launching was witnessed by staff of Korry, business partners, friends and other stakeholders.
