The Minns Labor Government is planting the seeds for a new wave of primary production manufacturing across regional NSW, unveiling a prospectus designed to harvest the economic benefits of the growing plant-based protein sector.
This prospectus is part of the Government’s plans to strengthen regional economies, build new industries and drive jobs and investment.
The prospectus is aimed at metropolitan and international food manufacturers and is designed to encourage them to consider regional NSW as a base for their operations.
The prospectus highlights the competitive advantages regional NSW has including:
• Access to premium raw commodities suitable for plant-based protein food and beverage manufacturing with the ability to scale and meet growing demand.
• Consumer market access with regional NSW ideally positioned and able to deliver goods to 81 percent of Australia’s domestic market overnight.
• Skilled workforce with relevant educational backgrounds, export-ready ports, and affordable industrial land.
• Research and development ecosystem that actively encourages collaboration between researchers across universities, DPIRD, CSIRO, Government and agribusiness.
The Prospectus also identifies five key regions particularly suited to plant-based protein manufacturing: Riverina Murray, New England North West, Central West Orana, North Coast and Hunter Central Coast.
Minister for Agriculture and Regional NSW Tara Moriarty said: “Regional NSW offers the ideal combination of resources and advantages, from efficient transport networks and export-ready ports to skilled workforces and affordable industrial land, creating a compelling case for investors and manufacturers.