Even though mining revenues account for most of GDP, agriculture is the way of life for about 85% of PNG’s people. Infrastructure difficulties limit the potential for exports, but PNG does specialise in several cash crops, including palm oil, rubber, coffee, cocoa, copra and tea, in addition to fish and timber. The agriculture sector is host to dozens of initiatives to develop high-yielding crops...
Papua New Guinea Agriculture
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Chapter | Agriculture & Plantations from The Report: Papua New Guinea 2012
As Papua New Guinea (PNG) seeks to diversify its economy to avoid over-reliance on gas and mineral resources, its nascent fishing and fish-processing industry is rising in potential.
With a major project backed by the World Bank getting under way and a sizeable budget allocated by the government, Papua New Guinea’s state-run coffee industry has significant potential for expansion in 2012.