ISEZ signs MOU with KPHL
KPHL managing director, Wapu Sonk; Ihu SEZ Development Company Peter Kengemar and Secretary of the Department of International Trade & Investment Mrs Jacinta Warakai-Manua with the signed MOU. Accompanied by Minister for International Trade and Investment, Hon. Richard Maru and Kikori Member, Hon. Soroi Eoe.
The Ihu Speacial Econmic Zone Project signed an MOU with Kumul Petroleum Holding Limited in Port Moresby yesterday.
The signing between the two marks an agreement for ISEZ and KPHL to work collaboratively to identify and generate power into ISEZ project location.
Wapu Sonk, Managing Director of Kumul Petroleum Holdings said, “KPHL will look at the most appropriate power solutions for the Ihu SEZ, which could include renewable energy sources such as hydro.”
