Prime Minister Hon. James Marape has reaffirmed the government’s dedication to fuelling the growth of the oil palm industry in Papua New Guinea. The sector, which stands as the country’s leading agricultural export, generated over K2.8 billion in exports in 2022, marking a pivotal contribution to the national economy. Prime Minister Marape highlighted ...
Exciting times are ahead for the coffee industry in Central Province with the signing of a Memorandum of Agreement (MoA) between Coffee Industry Corporation (CIC) and the Central Provincial Government on the 6th of March, 2024 . Under the agreement, a new coffee mill will be built in the Central Province within the next four years, which will allow for...
The Goodman Fielder International (GFI) is calling on the Government to establish a commercial corn industry in Papua New Guinea (PNG). GFI Managing Director, Mr. Sun Xing Tao made this call during the visit of the Minister for International Trade and Investment, Hon. Richard Maru and NARI team to GFI’s new feed mill at 11mile in Lae on Tuesday. “With ...
In a significant move to bolster its agricultural sector, the Eastern Highlands Provincial Government unveiled its K432 million 2024 budget, emphasising a strategic pivot towards agriculture with the objective of diminishing reliance on imported staples such as rice. This initiative was highlighted during the budget presentation to Prime Minister and Trea...
The Minister for International Trade and Investment, Hon. Richard Maru in his statement to the World Trade Organization (WTO) on the Fisheries Subsidies Agreement which had been discussed for many years said the Pacific Region had every reason to be concerned about the future of the fisheries industry because 50 per cent of the world’s tuna supplied by th...
The Minister for International Trade and Investment, Hon. Richard Maru and the New Zealand Minister for Agriculture, Hunting and Fishing, Forestry, and Trade, Hon. Todd McClay have agreed for a small Papua New Guinea (PNG) delegation to visit New Zealand in the last week of April to hold high-level trade talks. The two Ministers agreed on this in their me...
The Trade Ministers for Papua New Guinea (PNG), Madagascar, and Comoros have agreed in their three-way bilateral meeting that they would work together to establish a world association for vanilla growing nations. The meeting was held in Abu Dhabi, United Arab Emirates (UAE) on the margins of the World Trade Organization (WTO) 13th Ministerial Conference (...
Wilmar International Limited is set to immediately commence detailed feasibility study on two Joint Ventures (JV) with the Government of Papua New Guinea (PNG) on commercial large-scale rice farm and chicken production. Wilmar CEO & Chairman, Mr. Khoon Hong Kuok said this in a meeting today with the Minister for International Trade and Investment, Hon...
For the Central Province, agriculture is at the heart of the economy. Governor Rufina Peter has a background in this field and is well-placed to understand the impact that it can have in the province. This has moved Governor Peter to fund and support two major agriculture impact projects in the Central Province, and funding for them was presented at th...
In a major announcement made recently, Prime Minister Hon. James Marape revealed his ambitious plan to transform Jiwaka, the home of the great Wahgi Valley, into the “agriculture powerhouse” of Papua New Guinea by 2025—the year marking the country’s 50th anniversary of independence. Addressing a massive crowd of thousands at the launch of the North Wah...
The Independent State of Papua New Guinea through the Ministry of International Trade and Investment signed a historic MOU with Wilmar International Limited recently. Minister for International Trade and Investment, Hon. Richard Maru described this MOU signing as the “start of the agriculture transformation in Papua New Guinea”. “This is the first time...
Prime Minister Hon. James Marape officially inaugurated the Fisheries Small-Scale Vessel Monitoring Platform, known as the NEMO tracking system, on Tuesday, November 21, 2023, at Parliament’s State Function Room. Developed by the National Fisheries Authority (NFA), the NEMO tracking system is a groundbreaking initiative designed to strengthen the manag...
Prime Minister Hon. James Marape recently engaged in bilateral discussions with Palau President H.E. Surangel Whipps and Solomon Islands Prime Minister Hon. Manasseh Sogavare on the sidelines of the XVII Pacific Games in Honiara. Upon returning from Honiara, where he attended the opening ceremony on Sunday, November 19, 2023, Prime Minister Marape high...
Prime Minister Hon. James Marape announced today that the government has granted initial approval for the establishment of a Rice Special Economic Zone (SEZ) in the country. This groundbreaking development may include a joint venture between the State and Rigo Rice. Prime Minister Marape underlined the government’s commitment to kickstart a substantial...
Minister for International Trade and Investment, Hon. Richard Maru is calling for establishment and commercialization of the kava industry in Papua New Guinea (PNG). Minister Maru made this call after learning from the two Fijians who attended the 14th World Indigenous Business Forum in Port Moresby recently that the demand for kava in Fiji and the Pacifi...
Central Province marked a milestone on the 27th of September 2023 as the Cocoa Board (CB) of PNG officially opened its Southern Regional Office in Port Moresby. The board also signed a Memorandum of Understanding (MoU) with the Central Provincial Government in a significant ceremony, which will now form a pathway for Central Cocoa Central Governor R...
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