Port Moresby, Tuesday 15 April 2025
The Department of Information and Communications Technology (DICT) has signed a Memorandum of Understanding (MoU) with Kumulsoft Limited today, 15 April 2025, to allow government agencies to use Kumulsoft’s Fixed Assets Management System as a shared digital service.
The system will enable government agencies to maintain better records of their assets, including land, equipment, buildings, and machinery—addressing long-standing issues in public asset management.
DICT Secretary Mr. Steven Matainaho said the partnership supports the implementation of the Digital Government Act 2022, which calls for a whole-of-government approach to digitalisation.
“Since the passing of the Digital Government Act in 2022, it has promoted a whole-of-government approach to digitalisation,” Secretary Matainaho said.
He added that this collaboration is especially significant as it marks the department’s first partnership with a home-grown ICT company.
“As highlighted in the Digital Transformation Policy, we are not only seeking effective technology but also looking at cost-effective ways to drive digital transformation,” he said.
“We’re exploring how the government can use technology to reduce operational costs, increase efficiency, and contribute to economic growth. It’s encouraging to see companies like Kumulsoft stepping up to help deliver on these objectives.”
Secretary Matainaho also noted that DICT will now begin piloting the Fixed Assets Management System as a shared service across government agencies.
Kumulsoft Co-Founder Mr. Paul Muingnepe said the system tracks assets throughout their lifecycle—from procurement to disposal—ensuring greater transparency and accountability.
“We have a solution here that we’re ready to deploy across all government agencies. Reporting on government assets has long been an issue,” Mr. Muingnepe said.
“With our system, no asset is left unaccounted for. It captures the full fixed asset lifecycle and ensures nothing is lost in the process. Often, you’ll find items listed in records that no longer exist—this system helps eliminate that.”
He also highlighted the importance of secure handling of sensitive data.
“We’ve already onboarded several government departments. Some agencies manage confidential information, and through DICT, we can ensure their data remains secure and protected,” he said.
Kumulsoft CEO Ms. Rajul Shah reaffirmed the company’s commitment to supporting the government’s digital transformation goals.
“With DICT’s guidance and standards, we will make this system accessible to all government agencies,” Ms. Shah said.
“As CEO, I am fully committed to delivering this solution for Papua New Guinea. It’s about bringing accountability to the use of public resources.”
“The system is secure, accountable, and aligned with the Government’s Digital Transformation Policy and Implementation Plan.”