A ground-breaking investment into the Pacific Islands Coffee
Discussion details
A significant milestone for the Pacific Islands has been achieved, with a A$ 656,000 impact investment into Vanuatu coffee producer, Tanna Coffee, writes Caleb Jarvis, Trade & Investment Commissioner, PTI Australia.
Tanna Coffee produces organic Arabica coffee. They purchase coffee parchment off 750 farmers on Tanna Island who economically support an estimated 5000 Ni-Vanuatu people. That’s nearly 16 per cent of Tanna’s population. It’s easy to see how this investment will stimulate real growth for Tanna’s economy, creating a ripple effect to positively impact the lives of Ni-Vanuatu people.
The investment through TDi will be used to develop 200 hectares of land and to increase Tanna Coffee’s production. The land will be distributed to 200 farming families in one-hectare plots to grow coffee plants. Terry estimates the income of farmers will increase by 20 per cent enabling them to better access education and healthcare for their families.
CTA has a long standing cooperation with Tanna Coffee and has promoted linkages with the toruism markets.
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