A landmark event unfolded in Hohola as the Eliseo Premium Shopping Complex opened its doors, marking a significant milestone for both the city and its investors.

The event drew a wide range of stakeholders, including government officials, corporate partners, and members of the community, all gathered to celebrate this major development.

Speaking at the grand opening, National Capital District Governor Powes Parkop applauded the vision and perseverance of Eliseo’s founders.

“Eliseo started in 1995, humbly, in several Port Moresby suburbs before coming to Hohola.”

“Today, we celebrate not just a five-story premium shopping complex, but a story of resilience, determination, and belief in our city and country.”

He praised Eliseo for its substantial investment and contribution to the local economy, highlighting the importance of creating modern retail and commercial spaces that meet international standards.

“This is a benchmark for our city. We must push ourselves to set higher standards and continue to challenge ourselves to be outstanding.”

“We want to create a safe, clean, healthy, inclusive and livable environment by which everybody can contribute.”

Governor Parkop emphasized the critical role of urban centers like Port Moresby in national economic growth, noting that while the country’s economy has long depended on natural resources, but retail and hospitality can also contribute to the economy.

“Port Moresby hosts our international airport and seaport, giving us a strategic position in the national economy.”

He also called for further investment in urban centers, citing upcoming projects in Chinatown, Ela Beach and Paga Hill.

Additionally, he encouraged continued collaboration between the private sector and government to make Port Moresby a true metropolitan city.

Concluding his remarks, Governor Parkop extended his congratulations to Eliseo and expressed pride in Hohola hosting the city’s first premium shopping complex.

“We are here to support you. Let’s see more facilities like this, contributing to the growth and prosperity of our capital.”