World Bank Pledges US$30 Million for Papua New Guinea Coffee Industry

World Bank Pledges US$30 Million for Papua New Guinea Coffee Industry

 

The World Bank has pledged US$30 million to fund and support the largest agricultural initiative in Papua New Guinea. In the past decade coffee and cocoa production in Papua New Guinea has declined because of a lack of extension services and a lack of replanting resulting in many trees being over 40 years old.  The funds will improve the country’s coffee and cocoa industries through the Productive Partnership in Agriculture Project (PPAP) which will provide planting materials, extension services, access to schemes that will bring higher prices, the rehabilitation of  200 kilometers of roads to improve farmer’s ability to reach markets, and support of the country’s Cocoa Board and Coffee Industry Corp. to improve coordination in the industries.

 

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