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Port Moresby
October 17, 2021
News

Sepik Plains attractive for Agri-business

The government’saysthe agricultural prospect inthe Sepik plains for long-term economic growth is attractive.

Encouraged Treasurer Don Polye’saysthe projects inthe area will get a large slice ofthe 2014 budget allocation.

Alsothe leader of T.H.E Party inthe coalition government Mr Polye was in Angoram to endorse his candidate for the by-election.

The large span of plains inthe East Sepik province was what capturedthe imagination of Mr. Polye. He was struck by its agricultural potential that within minutes of its sighting he declaredthe government would invest in it.

Agri businesses thriving include Oil palm projects under Limo holdings. The company has planted more than 98, 000 oil palm trees inthe area, to be extended to 128,000 hectares.

Chairman of Limo Holdings Ltd Aron Milijiwi said since its inception in 2010,the company has paid K20million in taxes inthe past tothe government and employs more than five hundred employees.

https://youtube.com/watch?v=eFnd6bj7Lkw%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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