THE Oil Palm Industry Corporation (OPIC) has successfully concluded a final validation workshop for the Draft National Oil Palm Policy in Kimbe on November 18.
The worship signaling a step forward for one of PNG’s key economic sectors.
The workshop brought together critical stakeholders, including Minister for Oil Palm Hon. Francis Manake, Minister for Agriculture Hon. John Boito, West New Britain Governor Hon. Sasindran Muthuvel, OPIC chief executive officer Mr. Kepsen Pupita, and Provincial Administrator for West New Britain.
The workshop highlighted the oil palm sector’s pivotal role in PNG’s economy, contributing over K8.836 billion in revenue over the past five years and providing employment for more than 200,000 Papua New Guineans.
Minister for Agriculture Hon. John Boito stressed on the industry’s importance, noting its contributions account for 60% of agricultural export revenue, approximately K2 billion annually, while supporting thousands of livelihoods.
“Despite these significant contributions, the industry has operated for decades without a robust regulatory framework to guide its growth, protect stakeholders, and ensure sustainable practices,” Minister Boito said.
The draft policy seeks to address longstanding issues, including the equitable sharing of proceeds between landowners, developers, and the state, and ensuring all stakeholders are empowered to fully benefit from the sector.
Environmental sustainability and infrastructure development in oil palm project areas were key discussion points. Efforts are underway to improve roads, bridges, schools, and healthcare facilities in oil palm communities to foster broader socio-economic growth.
Chief Secretary to Government, Mr. Ivan Pomaleu expressed its strong support for the policy, commending its alignment with government initiatives to empower rural economies and drive sustainable development.
The next steps include further discussions at the Southern Regional Forum scheduled for November 20 at the Ela Beach Hotel, where stakeholders will refine the draft policy ahead of its anticipated finalization.
The establishment of the Oil Palm Industry Act, integral to the policy, aims to formalize the regulation and oversight of the sector, ensuring fair practices and long-term sustainability.
“This policy is a critical milestone to secure the future of PNG’s oil palm industry, promoting sustainable growth and equitable benefits for all,” Pomaleu said.
The draft National Oil Palm Policy sets a foundation for structured progress in a sector that has been a lifeline for many and a cornerstone of Papua New Guinea’s economy.
