With strong natural advantages in agribusiness, Papua New Guinea has good soil and abundant rainfall. Because most of its fertile land is farmed using traditional methods, much of its output is organic or de facto organic. As consumers across the world demand better-quality foods, PNG’s remoteness and relative lack of industrial development...
The investment environment in Papua New Guinea is liberal and open. Official policy has been to welcome and selectively encourage foreign investment and to allow for the use of expatriate workers. The Investment Promotion Authority (IPA), which was established by act of Parliament, functions as a onestop shop and provides a wide range of...
Given the country’s long history of trade, industry and manufacturing, some of the big names in Papua New Guinea today, such as Paradise Foods, Pacific Industries, WR Carpenter and SP Breweries, have been around for decades. BNG Trading was founded so long ago, in 1924, that it predates the creation of the Territory of New Guinea – its name is...
There is a significant opportunity available in Papua New Guinea to begin growing and using local tobacco. Based on our experience in Fiji, where up to 400 smallholder farmers are engaged in tobacco production, we know that local produce can substitute for imports of raw materials and have a considerable impact on the local economy, as well as...
As global demand for precious metals and other minerals presses mining companies to seek out new deposits in remote locations, the next phase of the mining growth story could well take place beneath the oceans. Recent technological advances have brought the industry to a point where regulatory hurdles, rather than technical abilities, are the...
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