NIDC Launches Cocoa Buying Point
New Ireland Development Corporation (NIDC), through its Malagan Agriculture Limited subsidiary on Tuesday 27th October 2026 launched the Cocoa Buying Point at RMI Power Road Kavieng. The project is being undertaken in partnership with RMI and Agmark Limited under the Chan-Kolivos Government, with the aim of reviving market access and streamlining the cocoa supply chain […]
NIDC Delivers Water Tanks to Kavieng
As part of NIDC’s community and social responsibility to our urban residents and institutions in New Ireland, the NIDC Technical Advisory Working Committee has taken the lead to provide fresh water supply around Kavieng town, including schools, churches and communities. The team is now into its second week of pumping water and supplying to residents. NIDC Managing […]
NIDC Announce Independent Statutory Audit to Strengthen Financial Transparency
A statutory financial audit into NIDC and Malagan Lodge Limited’s financial statements and records for the years 2023, 2024 and 2025 is currently underway. This follows the board’s decision in July to engage Wau Accountants Business Consultants Firm to carry out the audit to strengthen accountability beyond standard reviews, and provide technical support to NIDC during […]
NIDC Concludes High-Level Meetings
The management of the New Ireland Development Corporation (NIDC) has concluded a week-long series of meetings in Port Moresby with investors, business partners, and key stakeholders to advance the economic and investment aspirations of the Government and people of New Ireland Province. A key engagement was also held with National Housing Corporation Managing Director, Mr. […]
NIDC partners with RMI
NIDC announced today a revised lease agreement with Rabaul Metal Industries (RMI) to begin manufacturing roofing iron in Kavieng, a move that reinforces the Chan-Kolivos Government’s commitment to continue the late Governor Sir J’s roof over-head policy. In a site visit today, NIDC Managing Director Christian Tarkap toured the new warehouse with RMI representative Sean Wong […]
NIDC’s Malagan Education signs MoU with Perpetual Help University
The New Ireland Development Corporation (NIDC), through its education subsidiary Malagan Education Limited, has signed a Memorandum of Understanding with Perpetual Help University in the Philippines to strengthen education and skills development in New Ireland Province. The MOU was signed on 28th July 2026. NIDC Group of Companies Managing Director, Mr. Christian Tarkap, said the […]
New Ireland Copra Buyers’ Subsidy Program
The New Ireland Provincial Government through its business arm New Ireland Development Corporation Limited (NIDC) , has launched a K250,000 Copra Buyers Subsidy Program to revitalize the agricultural economy across all 10 LLGs of New Ireland Province. 50 local buyers (5 per LLG) each received K5,000.00 in working capital, paid directly into their bank accounts […]
Kimbe is NIDC Board Chairman
NIDC Board formally facilitated the handover program between Acting chairman and Deputy Board chairman Mr. Christian Tarkap and welcome our new board chairman Mr. Benjamin Kimbe on Tuesday 14th July 2026. Mr. Kimbe has been appointed and sworn in as chairman of the New Ireland Development Corporation (NIDC) following a recent company restructure by the New […]
NIDC Concludes Successful Port Moresby Investment Mission
The New Ireland Development Corporation (NIDC), under the leadership of Managing Director Christian Tarkap has successfully concluded a high-level one-week business investment trip to Port Moresby from Thursday July 2nd to Thursday July 9th 2026, securing strategic partnerships and advancing key investment initiatives poised to transform the economic landscape of New Ireland Province. Mr. Tarkap said […]
NIDC Forge Strategic Partnerships on Successful Port Moresby Trip
Since the appointment NIDC Limited Holdings and Subsidiary Companies Group Managing Director, Mr. Christian Tarkap has taken a robust approach towards establishing investment partnerships with key potential investors. During NIDC’s engagement trip to Port Moresby recently, the team met with potential investors, consultants and key stakeholders. Mr. Tarkap said the primary objective of these high-level […]