PACIFIC INDUSTRIES LIMITED is located in Rabaul, Papua New Guinea and is part of the Soft Drink Manufacturing Industry. CPL Group is a leading retail and wholesale organization founded in 1987 and listed on the Port Moresby Stock Exchange. As a result, the population of PNG will be able to enjoy the nutritional benefits of fresh dairy consumption at a profitable price. In response, Central Dairy Ltd said: “For the avoidance of all doubt; it is advised that there has never been, nor are there currently tariffs and custom duties of any kind whatsoever that are levied on imported dairy products and as such, Central Dairy Ltd has never received any form of protection as an infant industry or otherwise. Milk consumption has historically been associated with health and wellness due to its high nutritional value, such as calcium and vitamin D, among others. Throughout the project’s operation, the local community also benefits from the job creation, which will effectively help in lowering the unemployment rate, as well as train the local team in advanced, modern agricultural expertise. A deed of novation is an agreement which transfers one party's rights and obligations under a contract to a new third party. The dairy industry in PNG is currently 100% based on imports; thus, local consumption is significantly limited due to the high import costs. LR GROUP | All rights reserved 2015 | Disclaimer. Starting with the initial stage of growing cow feed, to raising adolescent calves into mature milking cows, followed by supervising health treatments for the livestock, and directing the creative process of producing a variety of dairy products for local consumption, the entire process mentioned above is included into the intensive transfer of knowledge. One of the central challenges embedded in projects of this nature is creating a sustainable support system, starting from its preliminary stages of establishment, while simultaneously ensuring its long-term functionality. The initiative will spawn a variety of benefits for locals, children in particular, including increased wellness, lower product prices as well as increased knowledge on the dairy market sphere, and create operational efficiency. In addition, a shipment of cassava was also received from farmers in Namatanai district, New Ireland Province. Establishing the initial pillar for the novel local commercial dairy industry in Papua New Guinea. The Ilimo Central Dairy Farm in Central Province is feeding its cows with locally grown cassava (tapioca) that will be bought on a daily basis from farmers in the province. In addition to creating a local dairy industry in PNG, the project will create substantial competition with imported products by lowering dairy prices. • A dairy processing plant, which holds a capacity of thousands of liters a milk, daily. This initiative aims to create self-sufficiency through large-scale production, and the supplying of dairy products to the local population, placing particular emphasis on the youth population. Farming is based on subsistence agriculture and lack of local production causes residents to rely o… This holistic system is entirely self-sufficient and internally based, thus not requiring any external components for functionality. The project will effectively boost regional economic growth by introducing a highly demanded local dairy local industry and providing essential nutritional value to the population of Papua New Guinea. This dairy enterprise will provide a daily glass of milk to thousands of school children throughout the region, which will have an immediate positive impact on their nutrition and healthy development. Yam, taro, banana and sweet potato are the main staple crops grown. Every step proceeding this initiative is thoroughly calculated and monitored, in order to warrant the production of superior quality dairy products, based on the exemplary experience of the Israeli dairy industry. A crucial faction of this project is to enlarge the dairy consumption within locals, particularly children. Milk consumption has historically been associated with health and wellness due to its high nutritional value, such as calcium and vitamin D, among others. The high nutritional value of milk has rendered it one of the most consumed beverages around the world. CPL Group - PNG, Port Moresby, Papua New Guinea. In this case, the rights have been transferred to the State to Kumul Consolidated Holdings, taking up 30 percent interest in Central Dairy Limited. • A sustainable dairy farm that consists of imported calves from New Zealand and future offspring with high quality genetics, designed in Israel. • Dozens of hectares of field crops which produce maize, sorghum, lablab and Guinean grass for forage feed, which is kept in a food center that contains silos and barns within the premises. — Dairy Farm – 500 milking cows — Dairy Processing Plant – state-of-the-art equipment with a daily capacity of 19,500 liters of milk; Supply fresh high-quality dairy products to PNG consumers. More than 80 per cent of the island's population live in rural areas and practise subsistence agriculture. These products are then packaged in different compartments and sent throughout the region for mass consumption. To establish a sustainable local dairy industry that will advance over the long run, and ultimately replace the need for imported dairy products in Papua New Guinea. PACIFIC INDUSTRIES LIMITED has 500 employees at this location and generates $30.00 million in sales (USD). In addition to creating a local dairy industry in PNG, the project will create substantial … On 4th September 2018, the Independent Consumer and Competition Commission (ICCC) received a complaint from Central Dairy Limited that City Pharmacy Limited was selling 1L UHT Pauls Milk in Port Moresby below the landed costs. As a result, the majority of people are highly dependent on the country's forests and rivers for their food security and to meet basic needs. A key element of this project is the transfer of knowledge pertaining to cow farming, dairy product manufacturing, and its distribution throughout the local community. The existing Papua New Guinea dairy industry is entirely dependent on imports which limits the local community’s access to basic dairy products. The country is dominated by a central spine of mountains. Establishing a community of local professionals and experts, who will continue to implement the acquired knowledge is a key success factor of the project. Once identifying an existing demand for a local dairy industry in Papua New Guinea, LR Group in cooperation with the government of Papua New Guinea and its affiliate partners, will support the establishment of the country’s first Commercial Dairy Enterprise. The first dairy enterprise in Papua New Guinea is an innovative step towards creating dairy self-sufficiency in the region. Papua New Guinea, a country rich in natural resources, as well as innovative in its fresh crop production abilities, is relatively unfamiliar with the technicalities of the dairy market. Copyright © 2017 Loop by Trend Media Inc. | All Rights Reserved, State stakes 30pc in Central Dairy Limited, about State stakes 30pc in Central Dairy Limited. Assembling a profitable dairy farm and processing plant that will provide the initial building blocks for a brand new industry in Papua New Guinea. Devising the infrastructure required in order to support the large-scale venture, from its very foundation. Via the joint efforts of our experts and the local community we will be able to build a unique and modern training system that will help the community advance the industry for years to come. Cassava is a calorie-rich starch. Provide a sustainable solution for dairy production in the region. This element is designed to ensure the proper care and treatment for all of the differing needs of the livestock. In this case, the rights have been transferred to the State to Kumul Consolidated Holdings, taking up 30 percent interest in Central Dairy Limited. A deed of novation is an agreement which transfers one party's rights and obligations under a contract to a new third party. The project will potentially have long term contributions to the local society, and create a previously non-existent dairy industry. There are 2 companies in the PACIFIC INDUSTRIES LIMITED … The operational structures: Effectively training locals in said practices will guarantee local independence and the continuity of the industry. 7.8K likes. The signing signals the beginning of the joint venture company – the Central Dairy Limited – and reflects public private investment and partnership. Papua New Guinea is rich in natural resources, however logistical, climatic and geographic challenges continue to reduce the availability of fresh, local food around the capital, Port Moresby.