Thursday, September 23, 2010

Outstanding first year for PGP initiative

National introduced the Primary Growth Partnership a year ago. We wanted to transform great ideas into research, development and ultimately products, jobs, and growth.

In the past year, the government–industry partnership has seen primary sector innovation receive its biggest funding injection in decades. So far the Government has committed $164 million of the $368 million spent by the partnership.

Five partnerships have been announced to date, covering our dairy, sheep and beef, wool, forestry, and arable sectors. Every New Zealander stands to gain from the significant economic spin-offs.

The $368 million investment so far is an outstanding start to the Primary Growth Partnership initiative. We look forward to continuing to work with the industry to turn innovative ideas into economic growth.

For more information: http://beehive.govt.nz/release/pgp+delivers+primary+sector+promise

No comments:

Post a Comment