Papua New Guinea Agriculture

Displaying 61 - 66 of 70

While the local palm oil industry’s increasing maturity over the past decade has been impressive, its linear pattern lags behind the exponential growth seen in other palm oil-producing countries such as Malaysia or Indonesia. This slower but steady pattern is due to the hobbling influence of the complicated land usage and ownership system in PNG....

What challenges is the fishing industry experiencing and how do you assess the impact of PNG’s new Pacific Maritime Industrial Zone (PMIZ)?

With valuable hardwood forests blanketing the country, timber has been an export mainstay for PNG long before the multibillion-dollar mining and oil and gas projects began pouring in. Recently the logging industry consistently averaged exports of 84,950 cu metres of logs per annum, according to Bob Tate, executive officer of the PNG Forest...

How developed is PNG’s timber industry? What is its potential as an economic driver?

With a strong agrarian culture and a population still highly involved in the farming sector, agriculture in Papua New Guinea is one of the country’s largest economic contributors. While mining revenues have dominated exports since the 1970s, farming and forestry sustained the country in previous decades and are still the country’s largest employers...

As one the Pacific Ocean’s largest fishery zones, encompassing some 2.4m sq km of exclusive water territory, PNG is home to more than 10,000 identified species of fish, molluscs and crustaceans. The country currently operates six primary fisheries, the most productive being the tuna catchments, along with prawn, lobster, sedentary, inshore and...

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