What happened to SHP’s investments?

TODAY, I look at the business arms of the Southern Highlands government and compare them with the business arms of other provincial governments, especially with provinces that do not have rich natural resources and strong revenue streams like ours.
Southern Highlands is blessed with multiple sources of income ranging from levies from oil and gas projects, equities, royalties together with annual development grants.
The province has the largest resource envelope a single province could ever have in Papua New Guinea.
It has investments in agriculture (coffee and tea plantations) farming, tourism (Muruk Lodge) and building and construction.
It had a business arm called Southern Highlands Development Corporation Authority to manage the province’s investment portfolio and diversify future investment.
The story of the oil and gas money disappearing every year on pure political expediency is a sad fact you have been hearing and I should not torment you any further with it.
The story now should be on the province’s business arm.
What happened to the Southern Highlands Development Corporation Authority or any name change that is prudently undertaking investment with a fiduciary responsibility for and on behalf of the people of Southern Highlands and its future generations?
I searched for the corporation on the Investment Promotion Authority website and found nothing.
I also surfed the internet and found nothing, which is really interesting.
East New Britain Development Corporation Ltd and its success over 43 years of operations is the pride of the government and the people of East New Britain.
It is the sole operating successful business arm of a provincial government in PNG since its inception in 1976.
From an initial start-up capital of K359,000 of which K100,000 was from the Government, it has grown its portfolio and now has a total market value of about K200 million. I was again reminded of success stories from West New Britain, Western Highlands and its mighty Wamp Nga Group of Companies and the Enga government.
Even Western has investments in real estate such as the Fly Haus gracing the skies of Port Moresby.
What happened to Southern Highlands?
What happened to the investments?
What’s going to happen to the future generation when finally the oil and gas wells dry up?

David Lepi