The signing of the contract took place in Port Moresby today between Works and Implementation Secretary David Wereh and Managing Director of Ipwenz Ltd, Moses Palipe.
At a total cost of K29,372,191.50, the road project is funded under the ExxonMobil Tax Credit Scheme, which is from Tari to Ambua, a total of 20 kilometers of road.
This is the third of such projects funded under ExxonMobil’s TCS, out from a total of K150 million for various sections of the highlands highway.
