The Office of the Member for Namatanai

DDA Business Ambitious

The company is owned by six Local Level Governments who each hold 4% shares, whilst the NDDA is the majority shareholder with a 76% stake in the company.

NAL Chief Executive Officer Hosea Kalis said, “We want to acquire assets and to build the company to have a strong value to negotiate with the bank to bring more development. This will enable the development of agriculture to enable people to have access to money and services in the community.”

Kalis explained that NAL belongs to the people of Namatanai.