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Highlands spice devlopement and extension Project

Sector: Consumer Products • Location: Goroka, Papua New Guinea

Source: United Nations Industrial Development Organization (UNIDO)

Project

Highland Spice Development & Extension Project is an initiative of community business based in the Highlands of Papua New Guinea and the project proponent is calling the attention of investors to help it scale up exports of its pristine, natural spice products to world markets. The project is part of a major spice industry extension project titled; the Highlands Spice Development & Extension Proje

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Project Information

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The project “Highlands spice devlopement and extension Project” is an infrastructure initiative in the Consumer Products sector, located in Goroka, Papua New Guinea. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Description

Description

Highland Spice Development & Extension Project is an initiative of community business based in the Highlands of Papua New Guinea and the project proponent is calling the attention of investors to help it scale up exports of its pristine, natural spice products to world markets. The project is part of a major spice industry extension project titled; the Highlands Spice Development & Extension Project 2015-2030. The project is focusing on reviving and developing the spice industry in Papua New Guinea. The objective of this project is also in line with PNG Spice Boards’ objectives and also with the government’s priority for focusing on developing agriculture including the spice industry in PNG. Increased awareness of the benefits of spices like turmeric, ginger, chili, and garlic, has boosted demand for good quality and organically grown spices worldwide. PNG’s Highlands region, with its pristine environment, has been growing spices for years. On the back of growing demand, a prominent community group has offered investors an offer to bring in funds to take their business global. Growing spices is specific to regions with a certain kind of climate and is highly labor-intensive. Papua New Guinea has both – the right kind of climate for growing spices and plentiful affordable labor. The project aims to enhance agricultural productivity, the scale of production, market access, and income generation through smart partnerships, innovations, sustainable entrepreneurial farming systems, and sustainable production and supply of spice products. The project is seeking a potential investor to invest in this project. The potential business partner is expected to contribute towards the establishment of an additional production facility, purchase of new machinery and equipment, and for joint development of spice products. Other collaborations the project is seeking include access to market, material, and technology.

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100%

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