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Palm Oil Investment in PNG Growing




PAPUA NEW GUINEA – A thriving palm oil industry, backed by a Malaysian privately controlled company East New Britain Plantation Group (ENBP), is set to become the new economic backbone of Kokopo, the provincial capital of East New Britain in Papua New Guinea (PNG).

In the last three years, more than 2.000 hectares of oil palm trees had been planted at the company’s Kairak plantation. ENBP chief executive officer Tan Eng Kwee, as published by The Star told that more landowners were opening up their land to be planted. (T4)


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