Kumul Consolidated Holdings

Kumul Consolidated Holdings (KCH) KCH is the entity which holds in trust, the Governments non-petroleum and non-mining assets. KCH (formerly known as IPBC) was established in July 2002 under the Independent Public Business Corporation of Papua New Guinea Act 2002 (the IPBC Act). KCH, is mandated to hold all Government-owned commercial assets in trust and to manage those assets to improve commercial performance and underpin economic development. KCH is not responsible for the Governments mineral, oil and gas assets. As a trustee, KCH is the holding company for nine (9) State Owned Enterprises (SOEs) operating in agriculture, aviation, banking and financial services, insurance, maritime infrastructure, power, post and logistics, telecommunications, and water and sanitation. KCH also acts as the manager of infrastructure projects throughout PNG such as hydroelectric power facilities, metropolitan sewerage systems property and port developments.. KCH is an active investor in the as...