This is a proposed project and the proponent is seeking a loan/grant for the project to initiate. Any local or international investors are both welcome.

Sector: Agriculture

Location: Biala, Kimbe, West New Britain Province

Project size/Investment value: USD$15 million

Description: Butebai is a proposed oil palm project located towards the coast of Biala LLG of Talasea District, West New Britain Province. The land is virgin without any clearance of forest and habitants as yet.

The project covers 1611 hectares of land and is a leasehold land for a total of 99 years. It’s a 45 minute drive from Biala station and is located along the New Britain Highway with easy access to electricity, water and road to project site. Essentially, documents like; land titles, IPA Certificates, IRC TIN Certificates, financial statements, business cards and proposals are all read.

Oil Palm is the main cash crop in WNB and Butebai is proposing an oil palm estate to be established on its land. The project will be specializing in planting and harvesting of oil palm but setting up a processing plant would also be nice because, we don’t want sell our fresh fruit bunch to existing companies for downstream processing.

Butebai prefers an establishment of oil palm since it is becoming a very demanding commodity on the world markets and also, WNB got records in oil palm. If this project comes in to effect, will be expecting at around US$1 million a fortnight which will benefit the company, community, province and the country as a whole.

Contact: kyalakun@ipa.gov.pg

or samuelk@ ipa.gov.pg

or Butebai.oilpalmestate@gmail. com

Call Jimmy Vulolo on (+675) 73074093

Advertiser:  Butebai Oil Palms Estate Website:  Email:  kyalakun@ipa.gov.pg Phone: +675 7307 4093