Village launches firm

Business, Normal
Source:

The National, Monday June 16th, 2014

 A village in the Turubu local level government, East Sepik, is working on establishing the province’s first chicken milling plant.

The village, Maunwara, had made available over 20 hactares of land for the project.

They had registered a landowner company, Kumbugre Investment Ltd with Investment Promotion Authority.

Hanz Wamb is the chairman of a newly formed board.

Roland Kwimberi, acting managing director, will oversee the implementation of the project.

Kwimberi said the Kumbugre Investment Ltd represented all the seven clans of the village.

“The company’s primary objective is to incorporate every individual of every status and style to be involved in business activities,” he said.

“I am currently working on the company constitution which is in line with the Vision 2050, the provincial and our district plan.

“We will do the bio-data survey for the seven clans and incorporate our Incorporated Land Group. It will cost us more money but we will start small.”

Wamb was disappointed that no government representative were present during the launching last Firday.

However, he said the people should not be discouraged because they had the most valuable resource which was their land.