Construction has begun on the K130 million Kumul Haus project in Port Moresby, Papua New Guinea. The ten-story office building will consolidate the headquarters of several state-owned enterprises (SOEs). The development, located at the Portside waterfront precinct, represents a key component of the government’s efforts to improve the performance and management of its public enterprises. Officials state the project is a significant step towards broader economic reform within the country. The groundbreaking ceremony took place yesterday, signaling the start of construction. Further access to detailed reporting requires a subscription to Post Courier.