Focus on agriculture sector


DEVELOPING the agriculture sector to increase Bougainville’s revenue remains a priority for the Autonomous Bougainville Government (ABG).
South Bougainville has taken a lead with developing its primary industries with support from foreign investors to operate on an equal benefit sharing arrangement as per Bougainville’s Inward Investment Act.
In areas that are lacking the ABG has always encouraged partnerships between locals and credible foreign investors who can contribute meaningfully to Bougainville’s economy.
“I must acknowledge in this instance the initiatives been taken by Bougainvillean resource owners in the agriculture sector such as the (Konnou) Tonolei Integrated Agriculture Initiative and the Bana District Development Initiative including the formation of cooperative society groupings by Bougainvilleans in North, Central and South Bougainville,” ABG President John Momis said recently.
“These people must be commended for organising themselves to make the environment conducive for development and for taking the bottom-up approach in consultation with the ABG.”
Momis also acknowledged and commended the continued efforts of the private sector in Bougainville for being able to persevere during these hard economic times to continue to grow their businesses, provide employment for the citizens and much needed services to both government and the people of Bougainville and participating in growing the economy.
Momis also encouraged businesses in the agriculture and tourism sectors to continue to improve their products and also encouraged those that have the capacity to start looking at the manufacturing sector as they grew their business in order to develop Bougainville’s economy.
“In order to create a conducive environment for business investments and industry to thrive we need relevant infrastructure as enablers to help develop the economy of Bougainville.
“I am confident to say that we are on the right track to fulfilling this aspect of our development.”

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