Livestock Development Corporation Limited

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Press StatementLaunakalana project empowers Landowners Rigo, Central Province 300326 – The Launakalana cattle estate’s b...
01/04/2026

Press Statement

Launakalana project empowers Landowners

Rigo, Central Province 300326 – The Launakalana cattle estate’s boundary clearing exercise has been described as a “blessing in disguise” for landowners and communities living in and around the estate.

Commencing in February 2026, the project involves vegetation clearing and grubbing along a 6-meter-wide perimeter stretching 36 kilometres around the property. While its primary purpose is to prepare land for sustainable cattle production, the initiative has also delivered much-needed accessibility and services for villagers who have struggled with poor road conditions and limited access to markets, schools, and health services.

Landowner Vincent Leana of the Kulu clan expressed gratitude, describing the development as a significant step for his people. He emphasized that the project is not only about cattle production but also a gateway to better opportunities for landowners and surrounding communities.

“The project is both a promise of agricultural growth and a pathway to social and economic empowerment for the people of Launakalana,” he said.

For landowners, the clearing exercise signifies a shift from being passive observers to active participants in estate progress, ensuring they share directly in the benefits of infrastructure upgrades and employment opportunities. The cleared boundaries will also serve as access routes, easing transport struggles for villagers bringing goods to market or traveling to service centers in Kwikila.

The project lays the foundation for sustainable herd expansion, improved grazing efficiency, and stronger biosecurity measures. It strengthens the estate’s role in Papua New Guinea’s National Cattle Breeding Program, contributing to food security and reducing reliance on imported beef.

LDC Managing Director Terry Koim emphasized that this transformation is not limited to cattle productivity alone. For landowners and surrounding communities, the cleared boundaries and improved accessibility represent new opportunities for participation, employment, and mobility. He noted that the project directly involves local contractors and villagers, ensuring that the benefits extend beyond the estate’s cattle operations to the daily lives of the people.

According to Mr. Koim, the initiative reflects LDC’s commitment to inclusive development, where landowners are no longer sidelined but actively engaged in shaping the future of the estate. The improved road access will ease transport struggles for villagers, enabling them to bring goods to market, reach schools, and access health services more efficiently.

“This project is as much about empowering the people of Launakalana as it is about strengthening cattle production. By working hand in hand with landowners, we are building a foundation for both agricultural growth and community prosperity,” Mr. Koim stated.

Landowner Vincent Leana at the clearing site.

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Press StatementImproved Road Access Brings Hope to Urimo CommunityPort Moresby- 240326 - Limited road accessibility rema...
26/03/2026

Press Statement

Improved Road Access Brings Hope to Urimo Community

Port Moresby- 240326 - Limited road accessibility remains one of the most pressing challenges for rural communities in Papua New Guinea with over 80 percent of the population living in villages and relying on subsistent farming.

For the people of Kambaraka, Nungawa and Yar in Urimo, Yangoru – Saussia district - East Sepik province, the daily struggles to access basic services especially healthcare, have proved to be critical challenges they have had to endure for more than four decades.

That situation may soon change.

The Livestock Development Corporation (LDC), in close collaboration with the Government through the Ministry of International Trade and Investments, has commenced initial rehabilitation works to improve road access to the Urimo area.

The project involves grading the 27-kilometre Provincial Feeder Road from Kusaun Junction off the Sepik Highway to Nagam and onward to the Urimo Cattle Ranch—marking the first step toward the restoration of the once-thriving ranch.

LDC Officer on ground Robinson Klomes explained that the feeder road, long neglected and reduced to a rough dirt track has now been graded by LDC machinery. He added that work will continue towards Urimo in preparation for the rehabilitation project on the ranch.

For the people in the three villages and other nearby communities, this is welcome news, as they have faced the harsh reality of limited accessibility of basic services: Some having endured travelling the long distance on foot for many years.

Kambaraka Ward Councillor Xavior Rou applauded the Marape Rosso government and the Minister Richard Maru for collaborating with LDC to improve the road system in preparation for the rehabilitation program of the ranch. He added that as someone who has lived all his life at Urimo, this government intervention is Life changing.

“I was only a small child when I heard stories of a thriving Urimo cattle ranch, which provided services and proper road accessibility, but for years now, our people have been neglected to fend for themselves.

“We do not depend on the government, however, major services like road accessibility will pave way for many opportunities like markets and other vital services that are needed by subsistent farmers. The Government must always be considerate as these are vital agendas that will impact our lives”, he said.

Councillor Rou further stated that, as someone who has thrived on subsistence farming, he believes the development will significantly boost the agriculture sector, which remains a key driver of economic growth and community benefit.

This rehabilitation project represents more than just improved road access. It opens opportunities for better market connectivity, access to healthcare, and participation in economic activities linked to the ranch.

The initiative is expected to transform livelihoods by bridging the gap between survival-based farming and semi-commercial opportunities, while strengthening community development on the Sepik Plains.

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*PNG Must Mechanize or Remain Dependent on Imported Meat*Tiaba, Port Moresby, Papua New Guinea– Papua New Guinea’s lives...
24/03/2026

*PNG Must Mechanize or Remain Dependent on Imported Meat*

Tiaba, Port Moresby, Papua New Guinea– Papua New Guinea’s livestock sector faces a defining choice: modernize through mechanized farming or remain trapped in low productivity and rising dependence on imported meat.

This message was delivered today at Tiaba during the presentation of three modern, state-of-the-art tractors with associated implements on Friday 20th March. The equipment was procured under the Capacity Building Program at the Livestock Development Corporation (LDC) and will be used in pasture improvement projects and commercial animal feed production, in line with the MTDP IV policy framework.

The event brought together industry leaders and senior LDC managers, who emphasized the urgent need to adopt modern tractors and agricultural technologies to transform livestock production nationwide.

“Business as usual is no longer acceptable,” said Terry G. Koim, Managing Director of LDC. “We cannot continue operating at subsistence levels while millions are spent annually on imported meat.

"Mechanization is not a luxury—it is a necessity.”
LDC acknowledged the continued support of the Marape Government since 2020, which has enabled the Corporation to reclaim lost state assets, rehabilitate and restock cattle, and strengthen capacity through skills training and infrastructure development.

Senior LDC managers Allen Ehava and Steven Yangis stressed that without mechanization, efforts to scale up production, improve efficiency, and compete in the market will continue to fall short.

A powerful reality check came from Rau Gilimo, a veteran tractor operator at LDC’s Launakalana Estate, who shared his experience operating outdated machinery without cabins—often forced to halt operations due to rain and harsh weather. His account highlighted the daily operational challenges and the real cost of failing to invest in modern, operator-friendly equipment.

The message from Tiaba was unequivocal: without decisive and immediate action, Papua New Guinea will continue to lag behind while its import bill grows and local production stagnates.

Mechanization remains central to the Government’s push to transition the livestock sector from fragmented subsistence practices to a modern, commercially driven industry capable of delivering food security and economic growth.

The time for discussion is over. The time for implementation is now.

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Pc: Snr LDC Manager Allan Ehava (Left) and Steven Yangis (R) pose with the three new tractors.

Port Moresby – 120226- “FAST-TRACK NATIONAL LIVESTOCK POLICY TO CUT K980 MILLION MEAT IMPORT BILL”Papua New Guinea could...
23/03/2026

Port Moresby – 120226- “FAST-TRACK NATIONAL LIVESTOCK POLICY TO CUT K980 MILLION MEAT IMPORT BILL”

Papua New Guinea could save nearly K1 billion every year and improve thousands of rural livelihoods if the National Livestock Policy is urgently implemented, according to the Ministry of Livestock.

Minister for Livestock Sekie Agisa said during the Livestock Policy Validation workshop last week that the country spends more than K980 million annually importing meat products such as beef, mutton and others, money that could instead be invested in building a strong domestic livestock industry and empowering local farmers.

The Ministry has called for the urgent fast-tracking of the National Livestock Policy, warning that Papua New Guinea continues to spend a lot of money annually on imported meat products while local farmers struggle to expand production.

Minister Agisa said the accelerated implementation of the policy will provide the critical framework needed to transform the country’s livestock industry and reduce dependence on imports.

“Every year, Papua New Guinea spends so much money on importing meat products that we have the potential to produce ourselves,” Minister Agisa said.

“By fast-tracking this policy, we can redirect hundreds of millions of kina currently leaving our economy into building a strong domestic livestock industry that supports our farmers, strengthens food security, and creates employment opportunities for Papua New Guineans.”

The Minister stressed that the absence of a comprehensive national policy has left the livestock sector facing fragmented service delivery, weak institutional coordination, and unclear mandates between national and provincial authorities.

Without urgent action, he warned, the country will continue to lose significant economic opportunities while remaining heavily dependent on imported meat products.
According to the Minister, fast-tracking the policy will:

• Secure dedicated budget allocations for livestock development programs.
• Strengthen coordination between national and provincial livestock functions.
• Provide clear institutional leadership through the establishment of the Livestock Industry Development Authority.
• Encourage private sector investment in livestock production.
• Reduce the country’s reliance on imported meat products.
• Strengthen food security and income opportunities for rural farmers.

Minister Agisa also commended the Livestock Development Corporation, describing it as a key institution that has continued to push livestock development priorities of the government despite the absence of a national policy framework dedicated for livestock development.
He noted that LDC has already made significant progress in areas such as state land reclamation, capacity building in skills training and infrastructure development, increasing cattle numbers, and advancing key livestock development initiatives across the country.
“LDC has demonstrated that even within a policy vacuum, meaningful progress can be made,” he said.

“With the National Livestock Policy in place, the potential for LDC and the wider livestock sector to expand production and support rural livelihoods will be significantly strengthened.”
The Ministry is now calling on government agencies, provincial administrations, industry partners, and development organizations to work together to accelerate the implementation of the policy.

Minister Agisa said fast-tracking the policy will help Papua New Guinea transform its livestock sub-sector, promote import substitution, and build a resilient domestic industry aligned with the country’s MTDP IV 2023 – 2027 and the long-term development goals under PNG Vision 2050.

Pc. Minister for Livestock Sekie Agisa

PRESS STATEMENTPort Moresby - 10th March 2036 -   PNG Livestock Sector Set for Transformation Following Policy Validatio...
11/03/2026

PRESS STATEMENT

Port Moresby - 10th March 2036 - PNG Livestock Sector Set for Transformation Following Policy Validation

The livestock sector in Papua New Guinea is poised for a major transformation following the successful validation of the National Livestock Development Policy in Port Moresby on Tuesday, 10th of March 2026.

The validation followed extensive stakeholder consultations conducted across the country’s four regions last year, during which comments and feedback were gathered and incorporated into the policy framework.

The policy aims to shift Papua New Guinea’s livestock sector from fragmented subsistence farming into a coordinated, commercial, and resilient industry capable of strengthening food security and driving economic growth.

Delivering the keynote address, Minister for Livestock Sekie Agisa said the policy will serve as a strategic roadmap to guide the development of the sector and position the country towards self-reliance in meat production.

“This policy is not just about livestock; it is about livelihoods, rural development, and national resilience,” Minister Agisa said.

He described the validation of the policy as a significant milestone for the sector, noting that the livestock industry had operated for many years without a clear strategic direction.

“For too long the sector has operated in what can only be described as a policy vacuum,” he said.

Minister Agisa expressed optimism that the policy will unlock the potential of the livestock industry, which he described as a “sleeping giant,” and stressed that collaboration with key agencies will be critical to its successful implementation.

Managing Director of the PNG Biosecurity Authority, Nime Kapo, who was initially engaged by the Livestock Development Corporation to formulate the policy, expressed satisfaction with the outcome of the validation workshop.

Representatives from key partner institutions including the Department of Agriculture (DAL), the Food and Agriculture Organization (FAO), and the United Nations Capital Development Fund (UNCDF) who attended the workshop echoed similar sentiments.

Head of Office for the FAO in Papua New Guinea, Dr. Kachen Wongsathaporncha, said the policy presents an opportunity for stronger collaboration among stakeholders to transform the livestock industry.

“This policy development sets the stage for a new tone of cooperation and transformation for the livestock sector,” Dr. Wongsathaporncha said.

He added that the growth and development of the livestock industry will require a holistic approach involving government, development partners, and the private sector, reaffirming FAO’s commitment to supporting the process.

The workshop concluded with consensus among stakeholders that the policy will now be submitted to the National Executive Council for approval and further action by the government.

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PC: Minister for Livestock Hon. Sekie Agisa (Front: 4th from right) with stakeholder participants following the policy validation.

Press StatementDate: 20th January LDC Delivers Modern Homes as Capacity-Building Boost for EmployeesWith escalating prop...
24/01/2026

Press Statement

Date: 20th January

LDC Delivers Modern Homes as Capacity-Building Boost for Employees

With escalating property prices and rental costs, access to decent and affordable housing has become increasingly unattainable for many Papua New Guineans, particularly middle- and low-income earners.

In response, the Livestock Development Corporation (LDC), through its housing and institutional capacity-building initiatives, seeks to mitigate this pressure by addressing workforce welfare as a core development issue.

The approach goes beyond physical infrastructure delivery, recognising investment in employee housing as a strategic tool for strengthening human capital, improving productivity, and ensuring the sustainability of public sector service delivery

Thirty-Six (36) LDC employees and their families will now be proud residence of modern three – bedroom and two-bed room units designed to promote staff welfare and support national development objectives. The complexes, each comprising 12 first-class units, are currently undergoing final stages of their construction at Tiaba, NCD, Launakalana, Central Province and Wariman, East Sepik Province.

The housing project has been formally sanctioned by the Minister for Livestock Hon Sekie Agisa MP, and is aligned with the Livestock Development Corporation’s long-term institutional development strategy. The initiative integrates critical infrastructure investment with structured capacity-building measures aimed at strengthening organisational capability, attracting and retaining skilled personnel, and supporting continuous staff training and human resource development. The project directly supports national development objectives by aligning LDC’s operational priorities with the Medium Term Development Plan IV (MTDP IV) 2023–2027, particularly in relation to institutional strengthening, service delivery improvement, and sustainable sectoral growth

The new facilities are designed not only to improve living standards for staff but also to reinforce LDC’s role in driving organizational growth through meaningful investment in employee wellbeing.

According to LDC Managing Director Terry Koim, LDC is making tangible strides in workforce development and infrastructure advancement.

Speaking during a recent site visit to one of the residential projects at Tiaba, Koim reaffirmed LDC’s commitment to progressing its strategic objectives.

"LDC has set its goals under strategic drivers to ensure priority areas, particularly capacity building and infrastructure development are advanced with purpose.

The Managing Director emphasized that delivering quality housing to staff has moved from aspiration to reality, signalling meaningful progress in the organization’s growth trajectory.

He described capacity building as a foundational principle that underpins the corporation’s development principles.

“Capacity building is not just an idea—it’s about investing in our people to strengthen skills, lift morale, and secure the organisation’s future,” Koim said.

He added that such efforts directly influence performance by enhancing employee skills, encouraging innovation, and improving the organization's ability to adapt to change.

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PC:

1. MD Koim on site speaking with the contractor at Tiaba, NCD..

2. Final ground works progresses at the residential complex at Tiaba.

Press StatementDate: 16th January 2026  Baiyer River Cattle Ranch Poised to Unlock PNG’s Livestock Industry in the upper...
23/01/2026

Press Statement

Date: 16th January 2026

Baiyer River Cattle Ranch Poised to Unlock PNG’s Livestock Industry in the upper Highlands region.

The long-awaited redevelopment of the Baiyer River Cattle Ranch officially begins today 23rd January 2026, marking a turning point for the livestock industry and promising new economic opportunities for the Upper Highlands region.

Livestock Development Corporation (LDC) Managing Director Terry Koim confirmed the start of works during a recent site visit, describing the project as a “strategic investment” that will reshape cattle production across the Highlands.

“This redevelopment is more than a restoration effort; it is a strategic investment with the potential to reshape livestock production across the Upper Highlands,” Koim said. “Once operational, the ranch is expected to become a major supplier of breeder cattle and weaners to neigboring provinces, including Jiwaka, Enga, EHP and Hela.”

The Baiyer River Cattle Ranch, spanning 4,700 hectares across land portions 156 and 157 in the Dei and Mul Baiyer Lumusa electorates, has long been regarded as a sleeping giant of PNG’s livestock sector. Its revival stems from an initiative first championed by former Livestock Minister John Simon, who visited the dilapidated site in 2020 and called for its restoration.

Since then, the state has completed boundary re-identification surveys, registered a new survey plan, and carried out extensive community awareness to ensure settlers understood the land’s state ownership and vacated accordingly.

The reclamation program concluded in March 2025, clearing the way for redevelopment.
Koim revealed that the project will roll out in two phases which will include the development of nearly 2,000 hectares up to the Baiyer River in the first half of 2026, and expansion across the river in the second half of the year to complete the ranch’s full footprint.

Initial works will include the er****on of a perimeter fence and construction of stockyards. Koim confirmed that all fencing materials and supplies—some imported from China—are already on site.

Meantime, preliminary economic modelling suggests the redevelopment could inject millions of kina into the regional economy over the next decade. Increased cattle supply is expected to:

• Reduce reliance on imports.
• Stimulate downstream processing.
• Create new market opportunities for smallholder farmers.

If fully realised, the Baiyer River Cattle Ranch could become one of PNG’s most significant agricultural revenue drivers, with long-term benefits extending well beyond the Highlands.

“After years of planning, surveying, and preparation, the Baiyer redevelopment is finally moving from vision to reality, carrying with it the promise of a revitalised livestock industry,” Koim said.

With expectations high and groundwork underway, the Baiyer River Cattle Ranch is set to reclaim its place as a cornerstone of Papua New Guinea’s agricultural future.

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PC: MD Koim dialogues with a local during ground works - clearing around the perimeter recently.

Date: 07th December 2025 Laloki Secondary school hails LDC for kickstarting school’s first poultry projectThe Livestock ...
07/12/2025

Date: 07th December 2025

Laloki Secondary school hails LDC for kickstarting school’s first poultry project

The Livestock Development Corporation (LDC) has once again demonstrated its unwavering commitment to strengthening Papua New Guinea’s livestock industry, this time by investing in the next generation of agricultural leaders.

LDC recently provided a K20, 000 grant to Laloki Secondary School to support the launch of it’s first-ever poultry project, an initiative that aligns with LDC’s broader mission to build capacity, promote food security, and foster sustainable livestock practices across the country.

Laloki Seconday school Teacher in charge of Agriculture, Johnathan Toneya extended heartfelt appreciation to the Livestock Development Corporation (LDC) for its instrumental support in launching the school’s first-ever poultry project at the school’s 11th graduation last week.

“This is the first time, any department or government arm from the Agriculture department has taken this initiative.

“This support has not only helped us establish a functioning poultry unit but has also opened new doors for our students to engage in hands-on agricultural learning. We are truly grateful, he added.

He said, the K20,000 grant had been combined with funds from the school amounting to another K25, 000 enabling the school to not only build a poultry unit, but also invest in a water system and fencing project at a total costing of K45, 000.

The poultry project, now fully – operational, with the first sales of live chicken in June this year, is part of the school’s agriculture program and has already begun generating income.

Students are actively involved in managing the poultry, gaining practical skills in animal husbandry, feed management, and agribusiness—skills that are vital for self-reliance and future employment. The project also contributes to the school’s academic goals, with proceeds from the sales helping to fund educational resources and student activities.

LDC Managing Director Terry Koim said the grant is part of LDC’s ongoing strategy to empower communities and schools to become active participants in livestock development.
“By investing in the younger generation, we’re investing in the future of agriculture in PNG,” he said.

For LDC, this initiative is one of many community-based programs aimed at revitalizing the livestock sector from the ground up. In just five years, the corporation has supported similar projects including supporting grants for small-holder farmers, providing technical training, starter livestock, and infrastructure support.

“Our goal is to create a growing portfolio of skilled, knowledgeable individuals who can drive innovation and sustainability in the livestock industry,” MD Koim said.
“This is about more than just chickens or livestock, It’s about building skills, confidence, and a culture of sustainability among our youth,’’ he added.

As the poultry sheds at Lalokoki fill with life, they symbolize more than just a school project they represent a growing movement toward self-reliance, education, and agricultural resilience, driven by LDC’s enduring support.

Teachers have noted a positive shift in student engagement, with the project sparking interest in science, business, and environmental studies. The income generated is also helping to support academic needs, including learning materials and extracurricular activities.

The school’s acknowledgment of LDC’s support reflects a growing recognition of the role public-private partnerships can play in transforming education and community development.

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PC. Mr. Toneya poses with students in front of the poultry unit.

Invitation for Bids
03/12/2025

Invitation for Bids

Livestock sector eyes self-reliance, SustainabilityPapua New Guinea’s livestock industry, while displaying steady progre...
26/11/2025

Livestock sector eyes self-reliance, Sustainability

Papua New Guinea’s livestock industry, while displaying steady progress, still requires significant investment in capacity building and a strategic approach to achieve long-term sustainability.

The nation’s heavy reliance on imported meat costing the economy an estimated K900 million each year has become a major concern.

This economic burden is a key driver for the Livestock Development Corporation (LDC), which is actively pursuing targeted initiatives and calculated measures to strengthen local production and close this notable economic gap.

With this foresight, LDC has recently established a partnership with one of Australia’s premier research institutions, Central Queensland University (CQU) and officiating the relationship in the signing of a Memorandum of Understanding (MoU) at the University’s Innovation and Research Precinct (CQIRP), in Rockhampton, Australia earlier this month.

This partnership now provides a platform for LDC to spearhead a revitalization strategy built on three pillars: Joint research, technical training and industry placement.

Speaking at the ceremony, Minister for Livestock Hon. Sekie Agisa acknowledged bilateral relationship between the two countries, which is often strengthened by such collaborations.

Minister Agisa emphasized that the partnership plays a vital role in advancing key industries.

He stressed that the livestock industry, in particular, has benefited from the partnership, with programs designed to secure long-term development and resilience.

LDC Managing Director Terry Koim said these initiatives are more than academic exercises they represent a deliberate effort to modernize cattle production, empower young professionals, and reduce reliance on imported meat products.

“By integrating science, innovation and practical experience, PNG is laying the foundation for a resilient livestock industry that can meet the demands of a growing population while contributing tangibly to the national economy”, he added.

In the meantime, the Livestock Development Corporation (LDC) is one of only two institutions in the Indo–Pacific region to sign a Memorandum of Understanding (MoU) with the University.

The other is the Vanuatu Agriculture Research and Technical Centre (VARTC), which formalized the agreement despite already maintaining a long-standing partnership with the University on investments in key programs.

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Caption: CQU Proffessor Simon Quigley and collegue showcasing the various supplements used as research facility to Minister Livestock Sekie Agisa and LDC MD Terry Koim.

Date: Thursday, October 23, 2025LDCTaps Local Expertise for Asset ValuationThe Livestock Development Corporation (LDC) i...
26/10/2025

Date: Thursday, October 23, 2025

LDCTaps Local Expertise for Asset Valuation

The Livestock Development Corporation (LDC) is charting a bold investment path for Papua New Guinea’s livestock industry through a nationwide asset valuation projectthat is set to redefine how its public assets are leveraged for economic growth.

This pathway falls in line with LDC’s efforts to provide sound feedback to the government after a directive that came from the Prime Minister dated 17th March 2020 for a reclamation campaign involving reclamation and refurbishment in taking stock of all government owned assets under LDC.

Speaking at the small but significant signing ceremony on Thursday 23rd of October,2025, Mr. Martin Ginyaru, LDC Chairman of the Board of Directors said the Government has spent substantial monies on the reclamation program, and the onus is on us to provide a report back for the purpose of transparency and good governance. LDC has engaged five reputable local asset valuation companies from a total of 11 applicants who responded to a public advertisement in the media.

The internalprocurement committee chaired by LDC Finance Manager Otto Wangillen selected those companies based on merit, given their wide experiences and local knowledge of the real estate market across PNG.

The Valuers are tasked with conducting a comprehensive value assessment of LDC’s cattle ranches, abattoirs and state – owned land under LDC across the country.

The decision to engage independent local valuers was made by the LDC Board of Directors to ensure this valuation process would not only restore operational clarity but also form the backbone of LDC’s investment forecast and development strategy.

“Valuation is not just a technical requirement, it is our launchpad for investment” added Mr. Ginyaru.

“Engaging local valuators ensures that the process is not only technically sound but also grounded in local knowledge and accountability. This is a critical step in transforming underutilized assets into viable investment platforms”, he further added.

The valuers, drawn from across PNG are tasked with conducting valuation on LDC’s extensive portfolio of properties and assets. Their work is central to the government’s Prepared by asset valuation campaign, which aims to boost investor confidence, improve transparency, and lay the groundwork for public-private partnerships.

The Managing Director of LDC Mr. Terry Koim emphasized that valuation is for;

 Credibility and Accuracy: Independent, professional valuation by local experts enhances the credibility of asset data, which is essential for investor due diligence.

 Market Readiness: With clear valuations, LDC can better structure it’s investment proposals, lease agreements, and joint ventures, making assets more market-ready.

 Community Engagement: Involving national valuation firms fosters trust and promotes equitable distribution of our national resources in ensuring that suchefforts align with our sovereign development priorities.

The asset valuation exercise will provide the transparency and credibility needed to structure investment-ready proposals.

With clear asset records, LDC can now offer investors a portfolio of viable opportunities backed by verified data and government support.Furthermore, the valuation initiative is part of PNG’s Medium-Term Development Plan IV 2023–2027, which targets self-sufficiency in meat production by 2030.

By quantifying the value and potential of its livestock infrastructure, LDC is positioning itself as a catalyst for agribusiness growth and rural development.

The valuation project is set to cost at least K500,000 in total and is expected to be concluded before end of 2025.

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PC. L - R: LDC's Steven Bari, MD Terry Koim, Chairman Martin Gynauru with the 2 valuers and LDC Finanace Manager Otto Wangilen

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