Hargy Oil Palms Limited

PNG needs investments: Sir Brown

Economist by profession and board member of the Hargy Oil Palms Limited, Sir Brown Bai, says creating a lucrative economic environment, conducive for investments, is vital. 

Sir Brown admitted that PNG needs and requires investment.

The agricultural sector must look towards developing world class operations in the country.

Sir Brown used Hargy Oil Palms and sister company, New Britain Palm Oil, to reaffirm his statement.

Hargy Oil Palms marks 40 years in PNG

Established in 1978, the Hargy Oil Palms Limited has benefited over 60,000 people within the area served by Hargy Oil Palms.

The company has reached a number of milestones in its 40-year journey.

In all its years of operation, last year recorded a remarkable production, exporting US$ 112 million worth of sustainable palm oil to Europe.

General manager Graham King revealed the company is in the process of paying US$8 million (K25 million) to the PNG Government.

Hargy Oil Palms also provides direct employment to approximately 4,500 people.