PNG Waterfront Vision Takes Shape as Kumul Haus Project Breaks Ground

Port Moresby’s waterfront is set for another major transformation with the commencement of the Kumul Haus development, a project National Capital District Governor Powes Parkop says will strengthen the city’s appeal to investors and reshape a key section of Papua New Guinea’s capital.

Speaking during the groundbreaking ceremony yesterday, Governor Parkop described the development as a long-awaited achievement that forms part of the broader Portside Gardens precinct, a master-planned initiative expected to stimulate new business and commercial opportunities along the city’s harbour front.

Governor Parkop said reaching the construction stage had taken years of planning and coordination among various stakeholders.

“It’s been a long time. We have gone through so many challenges, but arriving here at last is a great moment for us to mark this very important occasion,” he said.

He stressed that the waterfront location carries national importance and developments within the area should reflect the character and aspirations of both Port Moresby and Papua New Guinea.

“It is a very important landmark of our city and our country, and whatever we do here must really be outstanding,” he said.

The governor said the National Capital District Commission had maintained strict expectations for the project to ensure it delivers a landmark development worthy of its location.

“It should be a landmark that defines KCH, all the state-owned enterprises, but importantly our city and our country,” he said.

Mr Parkop said he was eager to see the final designs approved so building works could proceed without delay.

Beyond the project itself, he used the occasion to highlight Port Moresby’s investment potential, pointing to the city’s natural harbour, landscape and cultural diversity as key advantages.

According to figures provided by the National Capital District Commission, residential developments approved between 2019 and 2026 exceeded K2.6 billion. Infrastructure developments accounted for K1.36 billion, while commercial and economic projects totalled K1.17 billion.

The governor said Port Moresby contributes around 30 per cent of the nation’s Gross Domestic Product and remains Papua New Guinea’s principal gateway for trade, business and investment.

He said developments such as Kumul Haus and Portside Gardens would help position the city for future economic growth.

“Kumul Haus to Portside Gardens is a journey of transformation for our city.”

Governor Parkop also acknowledged Kumul Consolidated Holdings, State-Owned Enterprises Minister William Duma and other stakeholders involved in bringing the project to the groundbreaking stage.