PRK CITF Funds Key Primary Education Infrastructure MRDC through the PRK Board has undertaken a number of community projects in the Kikori area of Gulf Province. Two major projects include the successful construction and setup of the BSP bank branch and post office in Kikori town. 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.

Kikori BSP Bank and Post Office Project – May 2014