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K23.7M Security Contract Signed

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Ramu NiCo Management Limited has signed a contract valued at K 23.7 million with local company Raibus Security Services.

The contract will enable the company to secure three Ramu Nickel Project sites Kurumbukari, Basamuk Refinery and the Headquarters in Madang.

The significant event was witnessed by senior management from both parties and several issues relating to the regulations and operating practices of the business were resolved.

Both parties came to an agreement paving the way for the landowner company to continue providing its services. Operating under the famous motto of One Ramu NiCo, One Community.

Ramu NiCo expects to see the success of landowner companies during the life of the Ramu Nickel project, to create business participation opportunities viable for landowners.

The signing will create more than 200 jobs for landowners as well as the locals from the impact communities and surrounding villages. Mr Charlie Hu, General Manager, Corporate Affairs thanked Raibus Management for their support in providing security services for RNML and hopes that Raibus can improve company management going into the future.

Matthew Dengua, General Manager of Raibus Security Services thanked Ramu NiCo for their support so far and has pledged to continuously strive for improvement in their service delivery.

Chairman of Raibus Limited, Moses Kumura, praised Ramu NiCo for providing business opportunities spanning over ten years. This relationship has had a remarkable impact on developments for landowners with employment opportunities as well as royalties to assist communities with health and education services.

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