Government to invest $11.4 million in agricultural technology

Government to invest $11.4 million in agricultural tech

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

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Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

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[21 July, Bonnie Flaws, Stuff NZ]

As part of the newly released Agritech Industry Transformation Plan, NZD$11.4m will be spent directly on Agritech industry development which will include a horticultural robotics academy. Minister Phil Twyford stated “we want to grow a cluster of large agritech firms that can take on the world, and build on New Zealand’s agricultural strength”. Further investment to the industry is expected as part of the NZD$84m Sustainable Food and Fibre Futures Fund.

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