Coffee Estate Investment Opportunity in Talasea, Papua New Guinea

- Located in West New Britain, Papua New Guinea, this cocoa business has a potential annual production capacity of 10 to 15 tonnes but is currently producing 4 to 5 tonnes of cocoa beans.
- The enterprise is seeking investment to scale up operations, including the expansion of cocoa estates and the introduction of diverse cocoa bean varieties to enhance product offerings.
- Currently engaged in sales of dried cocoa beans with plans to expand operations by moving up the value chain to produce cocoa powder, thus enhancing product offerings and increasing revenue streams.
- The business supplies to 2 major distributors - AGMARK and KBSA, who are key players in the local cocoa industry.
- A strategic shift towards sustainability is underway, with plans targeting the upgrade of facilities to solar-powered fermenters to optimize energy use and improve operational efficiency.
- To expand market reach, the business aims to acquire an export license to facilitate the sale of cocoa beans and powder internationally, boosting revenue streams.
- The recent financial performance recorded the sale of approximately 500 bags of cocoa, each valued at PGK 550, indicating the business's steady market demand.
- Business is registered under Cocoa Board of PNG.
- Strategic infrastructure development is planned, including the procurement of essential tools and vehicles, as well as the construction of a mini wharf, crucial for efficient export activities and enhancing logistics capabilities.