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The Famous ‘Buka buai’ will now be traded at the newly established Kaugere Wholesale Betelnut market, in the nation’s capital.
A partnership between the Autonomous Bougainville Government (ABG) and the Moresby South electorate allows for a tonne of the autonomous region betelnut to be shipped fortnightly to Port Moresby, to be sold.
This was announced yesterday by the Regional member for Bougainville, Peter Tsiamalili Jnr and the Member for Moresby South, Justin Tkatchenko.
Tsiamalili said this partnership is the first of its kind and would benefit both parties involved. He also encouraged betelnut retailers to invest in the opportunity that would allow their small SMEs to further find their market.
BY: Loop Author 12:00, May 31, 2021 91 reads
A US$2.8 million (K11,695,000.00) Sustaining Peace through Economic Empowerment Project in the Autonomous Region of Bougainville (ARoB), was launched yesterday, Friday 28 May, 2021.
The project supports the implementation of the Bougainville Peace Agreement toward economic growth and development.
It was launched by the United Nations Development Programme (UNDP) in Papua New Guinea, the National Government and the Autonomous Bougainville Government (ABG).
Funded by the Government of Japan, the Project is designed to support the ongoing Bougainville peacebuilding process for political and economic progress.
The project will support the establishment of innovation centers that create opportunities for entrepreneurs, business development, and life skills.