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Port Moresby
January 28, 2022
Business News Southern

TISA Haus in Milne Bay Opened

The township of Alotau in Milne Bay came alive on the weekend, with contributors of the largest savings & loan society in Papua New Guinea, TISA, celebrating the opening of their newest investment in the province – TISA Haus – their first major investment for TISA in the province since it commenced operations in the province in 2004.

TISA HAUS was opened by Deputy Prime Minister & Alotau MP, Charles Abel.

At present, there are over 3,000 active contributors to TISA in Milne Bay Province alone, with a combined savings of over K6 Million – and it is being viewed as a strategic growth area for TISA.

The development of TISA Haus comes at a cost of over K8 million, which has been credited as an indication of its commitment to helping to develop Alotau in the years ahead – a move which has been welcomed by the political leaders of Milne Bay.

This investment by TISA has been described as the catalyst for more economic growth in Milne Bay.

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