How to catch the greenback game in NSW
The NSW Government has announced it will expand its natural food industry to the east of the River State by 2020, with an investment of $250 million.
The initiative will see a total of four natural food retailers and a range of retailers offering traditional Australian foods to customers in New South Wales.
The initiative is being described as a regional economic boost to the state, with the aim of creating jobs and providing better living standards for New South Welsh families.
The state’s Natural Foods Council said it is proud to be investing $250m to support local producers and retailers and build on the strong links between NSW and the Gold Coast region.
The Council said the Government has been supportive of natural food exports for many years, but this is the first time we are able to invest in a project that will expand the NSW natural food market.
The Natural Foods Industry Council has been working to promote and promote natural foods globally through a range, and its latest announcement will help promote Australian food exports to Australia.
Natural food retailers have been a key part of the NSW economy for decades, supplying customers in the Gold, Northern, Central and South East.
A large proportion of the Australian food market is exported to Australia, and there is currently a glut of Australian produce in the market.
In NSW, the natural food sector contributes about $2 billion to the economy and employs more than 7,000 people.
The announcement came as the NSW Government unveiled a range to expand its Natural Food Retailing and Processing (NFRP) portfolio.
The package includes $2.5 billion to expand the state’s natural food processing industry, with more than 3,000 new jobs and $8 million in extra spending to support the industry.NFRPs also include a $250,000 investment in a new food processing plant to meet demand from consumers in the NSW Gold Coast.
The project will be built at the Port Kembla site in western Sydney.
The Port Kemble plant is located on a site owned by the NSW Agriculture and Forestry Union and has a capacity of 20,000 tonnes of processing capacity per year.
It is currently operating at an average capacity of 500 tonnes per year, and has been producing processed products at the plant for more than 50 years.
The investment is being funded by the National Food Fund, which supports a range the NSW Food and Grocery Council and Natural Foods Australia.NFS president Andrew Brown said the Port Kelton plant will provide a great opportunity for NSW to expand and grow its natural foods market.
“The NFRP project will provide an opportunity to support and expand our natural food operations in NSW and export to Australia,” Mr Brown said.
“We look forward to continuing to work closely with the NFS, our industry partners and our customers to ensure our natural foods products are of the highest quality.”