Gulf Provincial Government has engaged Frontier Equities Limited, a local engineering firm as Specialist Investment Advisor to facilitate major infrastructural development for Gulf Province.
Frontier Equities Limited will use its expertise to come up with designs and scopings for the Provincial Township to cater for the economic growth that will be fueled by the Gulf LNG Project.
The contract signing ceremony was held yesterday in Port Moresby.
The Gulf LNG Project is predicted to transform the lives of the people in Gulf, a province that is still in dire need of basic services and infrastructure development.
Considering this, the Gulf Provincial Government has engaged the services of Frontier Equities Limited as Specialist Investment Advisor to develop a town plan and necessary infrastructure in preparation for the Gulf LNG Project.
The contract instruments were signed between Gulf Governor Havila Kavo, Provincial Administrator Mark Avai and Executives of Frontier Equities Limited.
Gulf Governor Havila Kavo said the partnership will prepare the province for the imminent economic growth when the LNG Project takes course.
The company will assist the Provincial Economic Development Authority and Gulf LNG Task Force in all aspects in the development of Gulf LNG Project. This includes a proper town plan, costing around 10 to 20 million kina.
Frontier Equities Limited Chief Executive Officer, Gadisa Igah, said the company is ready to recruit people to help in the initial stages of the development phase of Gulf Province.
A toast was made to the success of the project.