Papua (province) - Economy

Economy

One of Papua's potential industries is timber, as forests cover 42 million hectares with an estimated worth of Rp.700 trillion ($78 billion). "If the forests are managed properly and sustainably, they can produce over 500 million cubic meters of logs per annum."

The Grasberg Mine, the world's largest gold mine and third largest copper mine, is located in the highlands near Puncak Jaya, the highest mountain in Papua.