1 May 2007

PNG government launches 10 year Agriculture Development plan

9:53 am on 1 May 2007

The Papua New Guinea government has launched its National Agriculture Development Plan, or NADP, which allocates billions of kina to agriculture projects, over the next ten years.

Under the plan, more than $350-point-5 million US dollars would be expended on agriculture development over the next 10 years.

The Post Courier reports that under the plan, each of the 89 districts will be allocated about $70,000 US dollars annually for various programmes.

The first installment has been allocated under this year's supplementary budget.

In return for the investment, the government anticipates the export earnings from agriculture to rise from $490 million US dollars per year to about $700 million US dollars and encourage rural areas to be more active in developing the sector.