PNGSDP commenced operations in Papua New Guinea in November 2002 to promote development that meets the needs of the present generation and paves the way for continued progress to benefit future generations in the Western Province.
We recognize the significant onus of trust, responsibility and challenge that has been placed upon our company.
We will be honest, fair and accountable in all our dealings and seek to promote efficiency and effectiveness through our conduct and activities.
We commit ourselves to improving the quality of life of the people of Western Province.
Support and promote sustainable development through initiatives that will benefit the people before and after closure of the Ok Tedi Mine.
To this end PNGSDP will manage the prudent and wise investment of the Long Term Fund so it can sustain significant development expenditure over the long term.
PNGSDP is incorporated in Singapore as a not-for- profit limited liability company that is registered and operates in PNG as an overseas company.
An independent board of international and Papua New Guinean directors controls and manages the affairs of the company.
PNGSDP reports to its PNG stakeholders on a regular basis.