Fisheries has emerged as one of Papua New Guinea’s most dynamic sectors, following a wave of investment from Asia. In this special feature, Samantha Magick speaks with some of the sector’s key players about its current state and the prospects for further expansion.
DuluxGroup’s PNG headquarters are in Lae, where it has manufactured paint and chemicals for over 40 years. It employs about 100 people between Lae and Port Moresby, and has trade depots in Kimbe, Kokopo and Madang.
Papua New Guinea’s producers are continuing to profit from the country’s unprecedented economic boom as well as high international commodity prices, but they still face a mighty array of challenges. Made in PNG asks what factors influence the demand for PNG goods at home and overseas.
Coffee is one of Papua New Guinea’s major agricultural commodities, with exports worth 927 million kina (US$433 million) in 2011—a huge increase on 2010. Two varieties are grown: robusta in the coastal areas and arabica in the Highlands.
Coca-Cola Amatil (CCA) is spending up big in Papua New Guinea because Papua New Guineans are buying its products like never before.
Papua New Guinea agricultural supplier Farmset is expanding its physical presence and product lines, as the country’s timber and agribusiness sectors continue to grow.
If you have spent much time in Papua New Guinea you may not necessarily have heard of AkzoNobel, but you’ll almost certainly be familiar with its Taubmans and International brands of paint. In fact, AkzoNobel is the world’s largest paints and coatings company and employs more than 55,000 people worldwide.
Papua New Guinea’s agricultural sector has a number of competitive advantages, including high seasonal rainfall, good quality soil and low-intensity methods. The absence of pesticides and artificial fertilisers presents opportunities for PNG to position itself as a leading organic producer.
For over 100 years, cocoa has been a driving force behind commercial agriculture in Papua New Guinea. But until now there has been little local use of PNG cocoa; instead, large quantities have been exported. In 2011, Paradise Foods Limited embarked on a new project to process PNG-grown cocoa beans into world-class single-origin chocolate couverture, investing in the establishment of a pilot plant in Port Moresby.
Greater access, improved accommodation and a unique culture lure greater numbers of visitors to Papua New Guinea.