Wednesday, July 6, 2022

New funding for primary industries research

The government will invest $21 million over a seven-year period to support research that will benefit two of New Zealand’s primary industries.

Science and Innovation Minister Steven Joyce said a $16 million investment would be made in the Pastoral Greenhouse Gas Research Consortium and a $5m investment in Seafood Innovations Limited.

“Science and innovation are major drivers of economic growth and international competitiveness. These investments will help improve the performance of two key parts of our primary industries and as a result the New Zealand economy will benefit,” Joyce said.

The $16m investment in Pastoral Greenhouse Gas Research Consortium, a partnership between AgResearch, DairyNZ, Beef+Lamb NZ, Fonterra, Landcorp Ltd and DeerResearch, will develop new technologies that farmers can use to reduce greenhouse gas emissions without loss of productivity.

The second investment, in Seafood Innovations Limited, a partnership between Seafood New Zealand, Plant and Food Research, NIWA and Cawthron Institute, will develop new products, processes and services in the seafood value chain to improve New Zealand’s competitive advantage.

“These projects will see industry bodies partnering with excellent research organisations to jointly find solutions, through science and research, for challenges and opportunities they are faced with.”

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