• PNG Business News

Marape First PM To Meet MRDC Board



Prime Minister James Marape has thanked the Mineral Resources Development Company (MRDC) group for its valuable contribution to national economic growth since its inception 44 years ago.


The Prime Minster said MRDC and its subsidiary companies will continue to be a meaningful partner with the government in delivering vital development projects to uplift the living standard of people living in very remote areas.


Mr Marape was speaking at the Hilton Hotel last week when meeting directors of MRDC and its entire group of subsidiaries.


It’s a first in the company’s 44-year history, for the Prime Minister who is Shareholder /Trustee to meet all 44 directors of MRDC’s current 10 company boards, including the main MRDC board. The occasion was a ‘meet and greet’ event organised by MRDC at the closing of a five days company directors’ course in Port Moresby.


He also out the landowner directors and thanked them for their contribution to taking PNG to where it is now through the extraction of resources from their land. “From the Fly River to the Star Mountains of the great Western Province, from Moran Oil Fields to Kutubu Oil Fields, Gobe Oil Fields, and many other landowners across the country, you are very important because of your continuous support,” he said.


He said he was pleased that landowner directors were taking part in the one week training to expand their knowledge and skill about how to manage their own companies. “I appreciate you all as the shareholder of MRDC but mostly as a landowner myself I appreciate that these landowner leaders are getting up to speed (through training).


“Their performance and success at that level will consolidate the companies they manage.


“Sometimes we take our leadership role for granted and we also assume that they know what they’re doing,” Mr Marape said. “I appreciate the fact that MRDC was able to step up to empower Directors with valuable information and knowledge on how they can contribute to the various companies in which they make critical leadership calls,” he added.


He said with increased knowledge and awareness, their decision would translate to success, pointing to the Hilton Hotel as one of their many success stories.


PM Marape thanked MRDC managing director Augustine Mano and his management and staff for the wisdom in mobilising the directors together for the training.

Continue reading at https://postcourier.com.pg/marape-first-pm-to-meet-mrdc-board/ | Post Courier

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