A local company, Hela Investment Ltd, has partnered with Puma Energy through a Memorandum of Understanding (MOU) that aims to bring participation from Puma Energy to co- invest in sustainable economic projects in the Hela province.
This recently signed MOU has forged a new development partnership between the people of Hela province and Puma Energy, opening up opportunities for both parties to invest in.
“This MOU sets the pace for participation in socio-economic projects especially within the clean energy space which Hela Investment has engagement within,” said Puma Energy PNG Chairman and Managing Director, Mr. Hulala Tokome.
The MOU was agreed between Puma Energy PNG and Hela Investment Ltd back in November, following amicable discussions between Hela Investment and Puma Energy Chief Executive Officer (CEO), Hadi Hallouche, including PNG management in Port Moresby.
“Puma Energy’s purpose is to energize communities and we stand committed to delivering this purpose through this partnership, a partnership that aligns with the National Government’s current and future development plans that aims to expand access to sustainable infrastructure and services to the people of PNG.”
The CEO of Hela Investment Ltd, Mr. Gedisa Igah during the MOU signing, said; “Hela Investment is excited to partner with a global company such as Puma Energy to explore investing in projects, including within the clean energy space, to bring long term sustainable prosperity, not only to the people of Hela, but PNG as a whole.