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World Bank puts 51 Millions US Dollar into PNG Coffee and Cocoa Industries

PORT MORESBY - The World Bank says thousands of coffee and cocoa farmers in Papua New Guinea stand to benefit from an extra boost to those industries.

The bank is putting an additional 30-million US dollars into its Productive Partnerships in Agriculture Project, which began in 2010.

The total value of the project is just under 51-million dollars.

The bank's operations officer for rural development, Allan Oliver, says both the coffee and cocoa industries are struggling and need support.

"We believe there is potential to put the two sub-sectors back on track and hopefully with good best management practices that are being developed could actually be applied by these farming communities so I think it's good - it is an exciting time for the farming communities and also for the two industries."

Allan Oliver says the partnership's aims this year include improving the standard of rural roads so farmers have better access to markets. [RNZI]

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