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Papua New Guinea

Multi-billion agri project a boost: Allan

A proposed multi-billion kina PNG-China Integrated Agriculture Industrial Park Project will be a major impact project in PNG’s agriculture development.
Minister for Agriculture and Livestock, Benny Allan, said the project to be set up in the Eastern Highlands and Western Highlands provinces will be a massive boost to economic prosperity in the region.
He said plans to build integrated agriculture industrial parks in the two provinces will assist in developing a range of agriculture and livestock projects, create income-earning opportunities, employment, and spin-off business activities.
This will then lead to improved livelihoods and reduced hunger and poverty.
Mr Allan said this at a meeting with the President of the China Development Bank, Zheng Zhijie, and senior officials in Port Moresby last Thursday.
Mr Zheng said the delegation was pleased to visit PNG during APEC 2018 and to support efforts of governments of China and PNG in promoting agriculture technical cooperation such as the PNG-China Integrated Agriculture Industrial Park Project.
“The China Development Bank has been a key partner in such development initiatives and will continue to work closely in supporting new initiatives,” he said.
He said China has a growing population and a huge demand for agricultural products, including food and believed that PNG has the potential to utilize its abundant land, suitable climate, and resources to meet that.
Mr Allan said both PNG and China have a good relationship and believed both countries can continue to work together to support each other. He said the major project will go a long way in promoting PNG’s agriculture development.
“We are concerned about food security – we want to go into agriculture development in a big way – develop agriculture to produce more food to feed our people and also to export to China,” he said.
“The PNG government priority is to attract more investment in agriculture sector and the proposed integrated industrial park is one of the big projects we want to support.”
Mr Allan said the project submission was still before the Government for consideration and if all goes well he hoped that it will be signed during the first quarter of 2019.

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