The Cattle Industry in Papua New Guinea will soon experience significant growth after the Managing Director for Livestock Development Corporation (LDC), Mr. Terry Koim, met with the Minister for International Trade and Investment, Richard Maru – a move which resulted in an agreement.

According to Minister Maru, his ministry and department will work in close partnership with LDC to develop their land.

“We will work very closely with LDC to develop their land at Urimo in East Sepik, Baiyer in Western Highlands, and Launa Kalana in the Central Province into large-scale economic zones to raise cattle.”

“This will be part of our Government’s drive to grow enough cattle to replace all imported beef.

“Top priority will be given to the redevelopment of Urimo Cattle Station in East Sepik where LDC has 20,000 hectares of land.”

“Additionally, LDC has 68 hectares of land located in Wariman, Wewak, where the abattoir will be.”

“There is huge potential to produce cattle in the country to replace all beef imports.”

“We are seeing 100 percent increase in the price of ox and palm due to importation of Australian beef because we don’t produce enough.”

“We are ready to support LDC in a very big way in a scheme of arrangement that is acceptable to LDC and its Board.”