Home to a remarkable amount of biodiversity, rich volcanic soil, bountiful waterways and a moist tropical climate, Papua New Guinea possesses all the elements to fashion itself into a thriving agricultural exporter. These native assets have supplied the basic natural building blocks providing nourishment to country’s population throughout history, and more recently to the agribusiness industry...
Papua New Guinea Agriculture
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Chapter | Agriculture & Fisheries from The Report: Papua New Guinea 2016
Efforts to promote agricultural self-sufficiency in Papua New Guinea saw a setback in 2015, with droughts and supply chain disruptions impeding sector growth.
Following successful completion of the Papua New Guinea liquefied natural gas project, the country is experiencing a surge of optimism about foreign investment and overall economic growth. PNG remains favoured by its traditional investors such as Australia, but it is increasingly a target for new players, including China and Japan.
Articles & Analysis | Global cocoa price increases motivate growers in PNG from The Report: Papua New Guinea 2015
The past decade have seen trying times for cocoa farmers in Papua New Guinea. They have dealt with devastating attacks by the maligned cocoa pod borer (CPB) starting in 2006, followed by a drop in cocoa market prices which have brought the industry to the brink of collapse in recent years. Concerted efforts to revive the crop were led by farmers, international aid...
Articles & Analysis | PNG's export of raw logs supports growth from The Report: Papua New Guinea 2015
Second in the agriculture segment to the palm oil industry in export value, Papua New Guinea’s forestry sector continues to expand on the back of strong regional demand for raw materials. The rate of growth for the industry has accelerated over the past decade as the government has allocated large swaths of land for agricultural development which has allowed companies to fell...
Articles & Analysis | Agriculture keeps expanding in PNG from The Report: Papua New Guinea 2015
While overshadowed by energy and mining investments, Papua New Guinea’s agricultural sector is both as a key earner of foreign currency and as a primary employer for many of its citizens. The country’s fertile land makes the sector and its downstream processing and value-added spin-offs the most viable option for absorbing its growing workforce, while continuing to provide...