North Fly Rubber is the Western Province’s leading exporting agribusiness. With further investment occurring, the sector has potential to grow further.
Agribusiness
Sugar, beef and oil palm are the three platforms on which Papua New Guinea agricultural company, Ramu Agri Industries (RAI) is based. Expansion is planned for all three, following the company’s September 2008 acquisition by New Britain Palm Oil Limited (NBPOL).
Australian chocolatier Dean Morgan of Zokoko is one of an increasing number of gourmet chocolate makers discovering that the fine cocoa flavour of Papua New Guinean cocoa makes excellent gourmet chocolate.
Lae Chamber of Commerce and Industry President Alan McLay provides a personal view of Papua New Guinea’s agricultural potential.
Robert Hamilton-Jones talks to one of the founders of Jasper Coffee, which roasts and packages gourmet Papua New Guinean coffee.
Papua New Guinea’s produce and products continue to find new markets overseas.
One of Papua New Guinea’s more colourful enterprises, Mainland Holdings, operates the world’s largest saltwater crocodile farm. But, as Business Advantage discovered on a recent visit to its Lae base, that is just one business unit in a rapidly-increasing portfolio.
Papua New Guinea food producer Trukai Industries (‘trukai’ means ‘good food’ in tok pisin) achieved a notable breakthrough at the end of 2007 when it began exporting long-grain rice to drought-stricken Australia, in spite of the fact that PNG grows little rice of its own.