Members of Nambawan Super Limited (NSL) stand to benefit from an investment made by the superfund, that was officially opened to the public today in Port Moresby city. That investment is the Rangeview Plaza, a new shopping complex built through a public private partnership between NSL, National Capital District Commission (NCDC) and Lamana Development Limited and built at a cost of K300million. NSL Chairman Mr. Reginald Renagi said that the superfund is are the majority shareholder with 56.72% ownership of the project. “With Nambawan Super as the majority shareholder, the project is also expected to generate long term returns for Nambawan Super’s over 214, 000 members nationwide. “Rangeview is proudly PNG- owned and aims to be an industry leading enterprise that benefits everyday hard-working Papua New Guineans through providing high quality goods and services, supporting state led development and growing the retirement savings of Nambawan Super,” said the chairman. Meanwhile, the ownership of the new plaza is split between NCDC with 12.76%, Lamana Development with 30.52% and NSL with the 56.72%. NCD Governor Powes Parkop said this project initiative has also created employment for many people during the construction phase and now when it all completed. Parkop also explained that this partnership was part of the city’s plans to promote investments that would go towards the goal of lifting the image and reputation of Port Moresby to a main hub for business, investments, and entertainment in the Asia- Pacific region. NCD City Manager Mr. Ravu Frank also echoed this statement by the governor by saying that there are more projects in line that NCDC would partner with private organizations to deliver that would improve the image of the city and boost business and investments. Meanwhile, the Rangeview precinct features the commercial plaza, and a residential complex called the Rangeview Estate, which is located just next to the plaza itself.