Asaro New Avocado Cultivation Development Project

The Asaro Avocado project is to commercially produce commercial avocado variety for the local and export market. Secondly, it will sell cleaned commercial avocado seedlings from its accredited nursery. The proposed project will operate on a Nucleus Agro Estate Model where it will have a farm (orchard), accredited nursery on site, office, laboratory, and processing facilities. Interested Foreign Investors are expected to fund the initial costs of the project which will be spread over one (1) to five (5) years. The costs will cover the establishment of the orchard which includes farm mechanization, plant and machinery, water reservoir and irrigation system, administration, and miscellaneous. Eastern Highlands Agricultural Society will provide land and labor to the proposed Asaro Avocado project and where possible seek the assistance of the Government of Papua New Guinea and other local stakeholders to fund the local component of the project. This will be pursued through the Private Public Partnership arrangement locally.

High