REAREA CITF PROJECTS
GR-PNGLNG Plant CITF Funds Key Primary Education Infrastructure MRDC through the GR-PNGLNG Plant Board has undertaken a number of primary, community and high schools’ double classrooms and staff houses constructions in Boera village in Central Province. Implementation of Community Infrastructure Trust Funds (CITF) projects are guided by guideline as set in accordance with the Oil and Gas Act, No 49 of 1998. The guideline as formulated by the Department of Client Services defines the process of implementing the CITF projects. Under the Act, 30%, of the dividends from royalties and equities from the oil, gas and mining projects and investments are put into the CITF Trust accounts. The Managing Director is the trustee of all funds under the trust including CITF.
Rearea Primary School – May 2018
2x high quality two storey double classrooms built by the company for the Rea-Rea Primary School. Gas Resources PNGLNG Plant Limited is a beacon of hope for the people as they are filling in to provide services that the provincial government lack to provide.