In the lead up to his campaign for re-election, Australian prime minister John Howard has unveiled a five year plan worth A$100m (US$49.4m) to boost the food industry.
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At today’s annual meeting of the Australian Food and Grocery Council, Howard revealed via video link that the plan would be implemented from July 2002.
“These initiatives are designed to provide a coherent, effective strategy in the years ahead to develop and underpin opportunities and the capacity to expand of your industry,” he explained.
The five year plan includes a A$50m package to boost innovation and A$23m to promote government and industry focus on export markets. The government and industry will also set up a new global supply chain and food safety programme.
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By GlobalData
