With a seemingly endless supply of fertile land, the agriculture sector in Papua New Guinea has enormous potential to strengthen the economy and increase the prosperity of local farmers. While a number of challenges stand in the way of these opportunities, PNG’s organic and fair trade credentials are gradually opening high-value niche markets and bolstering export figures. As such, the...
Papua New Guinea Agriculture
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Chapter | Agriculture & Fisheries from The Report: Papua New Guinea 2017
After a number of challenging years, PNG is starting to hit its equilibrium point again. It has largely passed through the period of difficult adjustments, and now some balance has returned. A number of long-planned projects are progressing and new areas of opportunity are being explored.
External threats such as pest infestation and adverse weather conditions could reduce earnings prospects for Papua New Guinea’s coffee industry this year, despite efforts to improve output and strengthen infrastructure.
A new agriculture strategy in Papua New Guinea aims to broaden the country’s primary production base and cut import costs to maintain sustainability in the sector.
A country of extraordinary diversity, spread across some of the world’s most spectacular, and often inhospitable, terrain, Papua New Guinea today is a country once again at a crossroads. A major economic boom driven by a massive liquefied natural gas project has been swiftly followed by a sharp slowdown as global oil prices fell, and as a result the government has come under some pressure.
