30th November 2023 Government / ITP
Halting work on industry transformation plans is a top three priority for the new government, with the proposal second on the coalition’s 100-day plan.
Despite tens of millions of dollars committed, food industry transformation plans look set to become victims of coalition negotiations, with ACT planning to stop all work on ITPs.
The government has taken millions of dollars of funding away from food system-related initiatives as part of its $4bn savings drive.
The government’s final Fisheries Industry Transformation Plan has landed, containing a number of changes from the draft version released in April.
The plan proposes 20 actions and initiatives that aim to strengthen NZ’s seafood sector.
New Zealand could take a leaf out of Australia’s book when it comes to strengthening the country’s overall food innovation system, according to the NZFGC’s draft ITP submission.
Increasing investment in technology and developing a high-skilled, high-wage workforce, and creating a zero-emissions sector are the top priorities in the government’s Advanced Manufacturing Industry Transformation Plan.
The govt’s draft industry plan says the facilities could cater to areas such as bioactives, aquaculture, alternative proteins and sheep milk, but it’s “crucial” they are industry-led.
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