Top 3 Agriculture Companies in Lae, Papua New Guinea

Agriculture in Papua New Guinea is an important part of the nation's economy, providing employment for the majority of the population and contributing significantly to the country's Gross Domestic Product (GDP). The country is home to a wide variety of crops, including coffee, cocoa, rubber, oil palm, copra, and timber. Additionally, livestock and poultry are also important sources of income.

Agriculture in Papua New Guinea is heavily reliant on traditional methods, with small-scale subsistence farming being the predominant form of production. In recent years, the government has sought to improve the agricultural sector through initiatives such as the National Agricultural Development Plan, which aims to improve productivity and create jobs in the rural areas.

The government has also established a number of agricultural research and extension programs to support the sector. These include the National Agricultural Research Institute (NARI), which is responsible for providing research and technical advice to farmers, as well as the National Extension Service (NES), which is responsible for providing extension services to farmers.

In addition, the government has implemented a number of initiatives to increase access to credit and other forms of finance for farmers. This has included the establishment of the National Agriculture Finance Corporation (NAFC), which provides loans to smallholder farmers and the introduction of the Microfinance for Rural Development (MFRD) program, which provides micro-finance services to smallholder farmers.

Overall, Papua New Guinea's agricultural sector is an important contributor