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OK Tedi Mine outlines new focus

Admin | 5:22 AM |
 COMMUNITY financial self-reliance is the new focus of the Ok Tedi Development Foundation as it rolls out its 2016 to 2020 strategic direction.
The five-year strategic direction was endorsed by the Community Mine Continuation Agreements advisory committee and OTDF board during their meetings last month.
The programmes and projects would focus on the theme “Community financial self-reliance through socio-economic initiatives and improved infrastructure”.
The foundation said it would engage with stakeholders in its priority development sectors of health, education, infrastructure, economic development, and social development.
Chairman Musje Werror said the year’s strategic direction reflected the company’s transition to becoming less dependent on funding from Ok Tedi Mining Limited and assumed greater responsibility as the development vehicle for Western.
“In part due to the dry weather in the latter half of 2015, the Foundation staff numbers were reduced and the organisation re-structured consistent with the lessons learned from the previous six years of operations. and the anticipated development needs of the province over the next five years,” Werror said.