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Market Platforms

MARKET PLATFORMS CREATED FOR SMEs, INFORMAL SECTOR TO GROW

PORT MORESBY-FRIDAY 04, JULY 2020: Two new market facilities in Moresby North-West district will be added to the vast array of formal market spaces in the city.

Lareva and Tokarara Markets, when opened to public this month, will accommodate more than 500 vendors. More than K6 million has been expanded on the construction of both facilities.

The facilities will feature modern toilets and show rooms, market access road sealing, water and power supplies, more than 15 sheds for vendors, more than 100 parking spaces and landscaping.

NCD Governor Powes Parkop and acting City Manager Ravu Frank led NCDC officials in a tour to the markets on Friday.

Governor Parkop started the tour at Tokarara Market and then onto Lareva Market at Hohola. The former is being funded jointly by NCD Governor’s Office and Moresby North-West District Development Authority.

Governor Parkop said the Tokarara Market will only complement the massive transformation that is taking place at the suburb with almost all the street roads upgraded and resealed.

He urged Tokarara residents to take ownership and care for the public infrastructure.

Markets should become safe spaces for women and girls in the city, he said.

He added unlike other provinces, National Capital District is the only one which is a home to more than 20 formal markets.

He further stated that the city has been inundated by vendors almost everywhere, exposing themselves to health and traffic risks.

“We haven’t stopped building markets. We have many markets in the city than any other provinces in the country,” he said.

He also urged vendors to make use of these opportunities other than getting themselves into trouble with law enforcers when vending at wrong places.

“We will continue to build these facilities to help our people in SMEs and informal sectors. These are good platforms for income generation but most importantly for them to grow. Papua New Guineans must slowly get into business and start developing entrepreneur skills.

“They don’t have to complain a lot. They must take the first step so that they have a place in our economy. Get up and use the opportunities we are providing. They should not live for the day. These facilities are here to help them plan for long-term business,” said Governor Parkop.

MARKET PLATFORMS CREATED FOR SMEs, INFORMAL SECTOR TO GROW

PORT MORESBY-FRIDAY 04, JULY 2020: Two new market facilities in Moresby North-West district will be added to the vast array of formal market spaces in the city.

Lareva and Tokarara Markets, when opened to public this month, will accommodate more than 500 vendors. More than K6 million has been expanded on the construction of both facilities.

The facilities will feature modern toilets and show rooms, market access road sealing, water and power supplies, more than 15 sheds for vendors, more than 100 parking spaces and landscaping.

NCD Governor Powes Parkop and acting City Manager Ravu Frank led NCDC officials in a tour to the markets on Friday.

Governor Parkop started the tour at Tokarara Market and then onto Lareva Market at Hohola. The former is being funded jointly by NCD Governor’s Office and Moresby North-West District Development Authority.

Governor Parkop said the Tokarara Market will only complement the massive transformation that is taking place at the suburb with almost all the street roads upgraded and resealed.

He urged Tokarara residents to take ownership and care for the public infrastructure.

Markets should become safe spaces for women and girls in the city, he said.

He added unlike other provinces, National Capital District is the only one which is a home to more than 20 formal markets.

He further stated that the city has been inundated by vendors almost everywhere, exposing themselves to health and traffic risks.

“We haven’t stopped building markets. We have many markets in the city than any other provinces in the country,” he said.

He also urged vendors to make use of these opportunities other than getting themselves into trouble with law enforcers when vending at wrong places.

“We will continue to build these facilities to help our people in SMEs and informal sectors. These are good platforms for income generation but most importantly for them to grow. Papua New Guineans must slowly get into business and start developing entrepreneur skills.

“They don’t have to complain a lot. They must take the first step so that they have a place in our economy. Get up and use the opportunities we are providing. They should not live for the day. These facilities are here to help them plan for long-term business,” said Governor Parkop.