Papua New Guinea’s Mineral Resources Development Company Director/Chairman of Investments, Mr Simon Korua has signalled their growing confidence in the Fijian Tourism Industry with further investments in Pacific Harbour during the opening of the Pacific Bar & Grill Restaurant at The Pearl South Pacific Resort recently.
As new owners of The Pearl South Pacific Resort, Spa & Championship Golf Course, the Mineral Resources Development Company is investing $99 million in the property.
With a completion date for all developments scheduled for first quarter 2015, the investment will complete three phases of construction/building for the property.
Mr Korua said the investment clearly indicates Papua New Guinea’s confidence in Fiji’s tourism industry and therefore the potential underlining their investment commitment was unlimited.
“Tourism is like the bloodline of Fiji and we see that you can’t go wrong with tourism,” Mr Korua said.
“And the other thing about where we are (Pacific Harbour) is that you have everything. You (Fiji) have beautiful beaches, you’ve got the best diving spot, the best place for shark diving, no other nation in the Pacific that’s the only one. And then you got the marina and then you’ve got the golf course and then you have the natural adventurous place also.”
Mr Korua confidently predicts that with this investment Pacific Harbour will again be a major tourism and golfing destination, as was envisaged when first being developed in the 1970s.
“We believe that by 2015, Pacific Harbour will not be the same place anymore.” Mr Koura said.
