Air Niugini launches new direct route, Total wins contract for Lihir Gold Mine, and a new state-owned-enterprise is formed. Your weekly digest of the latest business news.
North Fly Rubber Ltd
World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.
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.
Farming expertise, rich soil and high rainfall are behind Papua New Guinea’s organic strength.
North Fly Rubber is the Western Province’s leading exporting agribusiness. With further investment occurring, the sector has potential to grow further.