4 in 1 classroom and 1 x teachers house.
PRK Limited is a subsidiary of Mineral Resources Development Company. it was incorporated in 1989 under the Companies Act to hold the landowners and provincial government equity interest in the Kutubu Petroleum Project. It currently manages 6.75% equity in the Project on behalf of the beneficiaries in Petroleum Development License 2 (PDL2).
The beneficiaries of PRK are; Southern Highlands Provincial Government (1.575%) Gulf Provincial Government (1.125%), Southern Highlands Landowners (Fasu 1.553% and Foe 0.696%) and Kikori pipeline area landowners (1.8%). This Project equity was acquired by the State through MRDC on a carried basis.
Gesege Primary School – December 2019
Aiio Primary School – November 2018
The school has been constructed under the CITF Program. The school takes children from as far as Mano, Tamatiki and villages in the Yesuku Region.
1 x double classroom building, 1 x teachers house and 1 x health staff housing
Kaipu Elementary School
Maintenance work after damages to the Building caused by the February 2018 Earthquake.
Kei Point Elementary School – December 2018
1 x double classroom and teacher’s house.
Soro Moro Church Building – August 2017
Extension of the church building.
Moro BSP Bank Maintenance – 2008
Maintenance work has been carried out at the BSP Bank facility in Moro. The bank was built in 2008 under a CITF project. It currently facilitates the royalties and equity payments for the PDL2 and PL2 landowners.
Kaintabo School Relocation
This project will see the current Kaintabo Community School in Pimaga village, SHIP, relocated to a new site along the Pipeline Access Road. The new site is currently being cleared.
Waro High School
Bush clearing for the new Waro High School site in Waro Kutubu, SHP awaiting the building of classrooms and teachers houses.