By David Lepi In this week’s edition we’ll look at the business arms of the Southern Highlands Provincial Government and compare and contrast with the business arms of other provincial governments especially with provinces that do not have rich natural resources and strong revenue streams like ours. SHP is blessed with multiple sources of income from levies- oil and gas- equities, royalties together with development grants annually and is by far the largest resource envelope a single province could ever have in Papua New Guinea. In addition to that the province had investments running in agriculture (coffee and tea plantations) farming, tourism (Muruk Lodge) and building and construction. And had a business arm called Southern Highlands Development Corporation Authority to manage the province’s investment portfolio and diversify future investment. |
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