“The PGP invests in research and innovation to boost productivity in New Zealand’s farming, forestry and food sectors,” Guy said.
“This will mean more exports, jobs and better environmental outcomes as well.
“The Government and industry have so far committed $658 million of multi-year funding for 13 projects. The potential benefit to the wider economy from these projects is over $7 billion per year from 2025.”
Guy said examples of current projects include red meat sector collaboration, manuka honey trials, harvesting trees from steep land, improving the precision of seafood catches, and selective breeding of greenshell mussels.
“These investments in productivity will play a big part in achieving the Government’s goal of doubling primary exports by 2025.”
Science and Innovation Minister Steven Joyce said the PGP programme is crucial for New Zealand to maximise the value of primary sector exports through greater investment in innovation.
“The Government is now investing hundreds of millions annually in business R&D across all sectors, including food and beverage manufacturing, digital technologies, health technologies, hi-tech manufacturing, and agri-technologies.”
The latest round of PGP is now open for funding applications. Further information is available at: http://www.mpi.govt.nz/agriculture/funding-programmes/primary-growth-partnership.aspx
