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All posts tagged Mineral Resources Development Company

Progress on the much-awaited The Pearl South Pacific resort development is on track for its planned August 2015 grand opening.

The Pearl Resort redevelopment is said to highlight the potential of Fiji’s adventure capital Pacific Harbour by creating 190 additional jobs.

The new state-of-the-art facility is being undertaken in three phases, with the investment by PNG’s Mineral Resources Development Company now estimated to be $85 million. The project which started two years ago has already seen construction of the new marina and new rooms, conference facilities, gym and spa and fine dining restaurant.

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The construction of the multi-million-dollar marina at the Pearl South Pacific Resort and Spa in Pacific Harbour is set to turn the getaway into a world-class tourist resort.

And its progress and returns are closely monitored by stakeholders of developers Mineral Resources Development Company (MRDC) in Papua New Guinea.

MRDC chairman Sir Manasupe Zurenuoc said the $8m marina investment was one of the company’s first major development projects outside of PNG and engaging professionals and independent experts had been a priority for MRDC.

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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.

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THE Mineral Resources Development Company is looking at spending more money to further develop the 200-acre Pearl Resort and golf course in Fiji.

A new marina apartment and resort expansion will include 96 two and three bedroom apartments, turning the existing resort into a 200-room resort.

Managing director Augustine Mano said the marina apartments would be centred on an exclusive pontoon marina development that would allow 36 private mooring berths plus luxury super yacht berths on a river frontage.

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