National is investing $144 million in two research and innovation projects under the Primary Growth Partnership (PGP).
The two partnerships involve a DairyNZ/Fonterra-led programme and a Silver Fern Farms, PGG Wrightson and Landcorp Farming programme. They support research, development and ultimately products, jobs and growth. The Government is funding almost half of the $321 million needed for the projects.
This is the kind of business innovation we have identified as one of the six drivers of economic growth.
All New Zealanders stand to benefit from the partnerships, as the dairy and red meat industries are pivotal to the success of our economy.
National is taking primary sector innovation to a whole new level and delivering directly on our economic growth plan.
More information:http://beehive.govt.nz/release/partnerships+deliver+government%e2%80%99s+growth+plan
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