10 April 2018
Australian capability in Food Technologies (FoodTech) will be showcased to global investors visiting the Gold Coast during the Commonwealth Games.
As global demand for food grows, particularly in Asia’s expanding middle class, Australian talent can seize on opportunities to differentiate its exports from that of global competitors.
The event is part of Austrade’s Global Foodtech Innovation Mission held on the Gold Coast, Brisbane, Sydney, Melbourne and Adelaide from 9 to 13 April, and brings together investors and leading food innovators, featuring new food ingredients, applications and technology developed by more than 60 Australian companies and researchers.
FoodTech is a growing industry in Australia, building on our history of innovation in agriculture and adding to our global reputation for producing safe, healthy food.
New techniques under development can boost yield and nutritional content but investment is needed to help realise our full potential.
Australia offers innovative packaging and processing technologies, making supply chains more transparent and efficient and ensuring products retain freshness.
As well our strong innovation capability, international investors benefit from Australia’s network of free trade agreements and strong business ties with Asia, Europe and North America.
The Turnbull Coalition Government is working to attract more investment into Australia to create new jobs and drive economic growth, and the agribusiness and food sector is one of our national priority areas.
Australia has strong innovation capability and a hard-earned reputation as a stable and secure investment destination, international investors can benefit from Australia’s network of free trade agreements and strong business ties with Asia, Europe and North America.