Prime Minister Marape welcomes Malaysian support for PNG’s Oil Palm, Livestock and Agriculture Expansion
Prime Minister James Marape has welcomed surging Malaysian interest in expanding multi-million-kina investments across Papua New Guinea’s oil palm, livestock, and downstream processing sectors, framing it as a critical frontier for job creation and food security. The announcement followed a high-level meeting in Port Moresby with Malaysian Palm Oil Board (MPOB) Chairman Datuk Mohamad Helmy Othman Basha, New Britain Palm Oil (NBPOL) executives, International Trade Minister Ric
Papua New Guinea's Prime Minister James Marape has expressed enthusiasm for increased Malaysian investment in the nation's agricultural sector, specifically focusing on oil palm, livestock, and downstream processing. This development follows discussions with Malaysian Palm Oil Board officials and local ministers in Port Moresby. The collaboration aims to leverage underutilized agricultural land, particularly in the Ramu and Sepik plains, through sustainable public-private partnerships. The initiative is seen as a significant opportunity for job creation and enhancing food security within Papua New Guinea.
This collaboration signifies a potential boost to Papua New Guinea's agricultural output and economic development through foreign investment and job creation.
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