Wednesday, July 6, 2022

AgResearch investing $100m in hubs

AgResearch yesterday launched a major investment programme, thought to be the largest of its kind in New Zealand agricultural science. It plans to invest $100 million in facilities and resources over the next four years to boost scientific support for the agricultural sector.

Chairman Sam Robinson said the Lincoln Hub announced yesterday by Minister for Science and Innovation Steven Joyce is a prime example of how these hubs will bring together a range of partners with a focus on specific areas and specialities.

“This represents the largest investment programme focused on agricultural science in AgResearch’s history and will better position us to help the pastoral sector sustainably improve productivity, export performance and deliver greater value to the NZ economy,” he said.

“This will provide our science and support staff, our industry and Government partners and the sector as a whole, access to scientific support, facilities and innovation that will help us provide safe, premium-value food that meets the world’s growing demands.”

AgResearch chief executive Dr Tom Richardson said the new investment programme comes at an exciting time in the agricultural sector as it collectively seeks to deliver on the potential to grow agri-food and agricultural export earnings to $60 billion by 2025.

“To achieve that ambition we will need to stay at the forefront of global advances in agricultural science. We need the right infrastructure and working environment for our staff and to attract the best talent from NZ and overseas.”

Related story: Lincoln hub plans unveiled

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