Minister Richard Maru welcomes Radisson Hotel Group's K700 Million investment in Paga Hill SEZ

Join us as International Trade and Investment Minister Hon. Richard Maru extends a warm welcome to the renowned international hotelier, Radisson Hotel Group. In an exciting development announced on Tuesday, December 19, 2023, Radisson Hotel Group and Paga Hill Special Economic Zone (SEZ) have forged a groundbreaking partnership to develop a K700 million Radisson Blu branded hotel on Paga Hill in Port Moresby. Minister Maru, speaking at a gathering on Paga Hill, emphasised the significance of Radisson and other companies aligning with Paga Hill SEZ, underscoring the potential for remarkable economic expansion in Papua New Guinea over the coming decade. The International Trade and Investment Minister expressed his optimism, asserting that companies investing in the country will reap substantial dividends. Dignitaries attending the event included Prime Minister Hon. James Marape, Radisson Hotel Group Associate Director Josie Hungerford, Paga Hill Development Company Chairman Peter Barge, Managing Director Gudmundur Fridrikson, Special Economic Zone Authority Chairman Varigini Badira, Chief Executive Officer Kikila Yavase, and other esteemed guests. Watch the video to catch Minister Maru’s insightful address, providing key insights into the collaborative efforts shaping the future of Papua New Guinea's economic landscape. Don't miss this historic moment as Radisson Hotel Group and Paga Hill SEZ embark on a transformative journey with the shared goal of driving progress and prosperity for the nation. #PNGInvestment #RadissonBlu #PagaHillSEZ #EconomicPartnership