Malaysia's Tzen Plantation invests US$23m in Papua New Guinea

PORT MORESBY: Tzen Plantation Ltd, a Malaysian owned palm oil company in Papua New Guinea, said its new US$23mil mill underscores the group’s strong commitment to continue investing in the country’s booming agricultural sector.

TPL, which is part of the East New Britain Palm Oil Group currently have a total planted area of 6,300ha located on the New Britain island.