Property owners and development partners in front of the property purchased by the Tutuwe Women Investment LTD on 4th March in Daru.
Tutuwe Women Investment Limited (TWIL) secured two investment properties in Daru, Western Province—representing a milestone for women and children in the Community Mine Continuation Agreement (CMCA) Trust communities. The Contract of Sale was executed between and vendor and purchaser on 4 March 2026 in Daru, witnessed by key stakeholders including the Kuria Lawyers. This marks a significant step in strengthening women-led economic empowerment in the Community Mine Continuation Agreement (CMCA) region.
This achievement is made possible through the 10 percent Women and Children Benefit provided by Ok Tedi Mining Limited (OTML) as part of its ongoing social commitments to mine-impacted communities. The acquisition strengthens TWIL’s long-term investment strategy of building sustainable income sources for community-driven development programs, future investment undertakings, and broader socio-economic participation for women and children.
TWIL President Ms. Catherine Purse emphasised the lasting value of the investment.
“These investments are for our future generations. We may not see the fruit today, but we know they are secured with something. Many would ask why invest in Daru—this investment will have an impact on our people in the long run, giving them assurance that we are investing back in our own province to improve income generation. Daru is our provincial capital, and we want to show that what we preach, we do.”
According to the 2024 PNG Residential Real Estate Survey, property demand remains strong nationwide as both rental and sales markets continue to stabilize and grow following years of economic recovery. The survey notes buyers and investors increasingly view real estate as a profitable and secure class assets due to rising urbanization and the enduring need for residential and commercial spaces.
Growth is driven by factors such as rural‑to‑urban migration, improving infrastructure, and increasing investor confidence. These forces continue to create sustained demand for property across major and secondary towns.
For regional centers like Daru, this trend is especially relevant. With Western Province implementing its 2023–2027 Integrated Development Plan, infrastructure development, government services, and strategic economic initiatives are being strengthened, positioning Daru as an emerging regional investment hub.
These market dynamics reinforce TWIL’s strategic decision to invest in real estate—an asset class known for capital appreciation, reliable rental income, and long‑term stability.
The signing of the Contract of Sale and transfer of property titles was witnessed by Principal Lawyer Andrew Kuria of Kuria Lawyers, General Manager Danny Chen of Nexus Real Estate (NCID), TWIL company directors, and OTDF management and staff. The OTDF Business Development team facilitated the entire process, providing administrative and technical support throughout.
Trust Administrator Mr. Johanis Saferius congratulated TWIL, describing the achievement as “a huge milestone for CMCA women‑led companies,” particularly as this marks TWIL’s first major property acquisition within their home province.
OTDF Acting CEO, Mr. Andrew Mari, commended the women for their strategic leadership and acknowledged their important role in driving inclusive economic development. He encouraged them to continue taking ownership of emerging economic opportunities, noting that investment in real estate is a prudent and strategic pathway for long-term financial security.
Mr. Mari emphasized that property investment offers dual benefits through capital appreciation in property value and consistent monthly rental income. He further highlighted that, in the context of the ongoing depreciation of the Kina, investing in real estate is an important strategy for safeguarding wealth and building sustainable financial resilience for families and communities. The ceremony concluded with the official signing and a guided tour of the newly acquired properties purchased at a total cost of K1.5 million.
