‏Wilmar International Limited is looking to partner with the Government of Papua New Guinea to invest in rice, chicken, oil palm, sugar and feed production and processing in the country. Wilmar is one of the world’s biggest most profitable agriculture company already own and operate Goodman Fielder who have operations in Lae and Port Moresby. The agribusiness group discussed investment and other plans when Wilmar International Limited Group, Chief Executive Officer Mr. Kuok Khoon Hong, met with Papua New Guinea’s Minister for International Trade & Investment, Richard Maru in their Singapore World Head Office recently. During this meet, the Wilmar Group and the PNG Government agreed to enter into a Memorandum of Understanding (MoU) to become long-term strategic investment partners in large scale agriculture projects that are expected to grow and transform the economy of PNG. Speaking during the meet, Minister Maru said their main objectives were to create more jobs, increase exports, reduce the cost of food in Papua New Guinea, and drive the downstream processing agenda of the Government. “The meeting and understanding reached between our Government and Wilmar International are a very significant breakthrough for our government.” Maru extended an invitation for the Group Chairman and CEO to visit PNG to meet Prime Minister James Marape. “They are also expected to visit various lands that we are proposing for our new Joint Venture chicken project and a new flour mill in Port Moresby.” “We will have the MOU signed during the trip planned for the end of October.” Wilmar International Limited was founded in 1991 and is Asia’s leading agribusiness group today with over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and 50 other countries.