The Grains Research and Development Corporation (GRDC) today announced that it will partner with the WA State Government to establish a new Australian Export Grains Innovation Centre (AEGIC) in Western Australia.
GRDC chairman Keith Perrett and WA Agriculture and Food Minister Terry Redman made the announcement at the Dowerin GWN Machinery Field Days in WA.
Mr Perrett said the new centre was an exciting initiative which would establish world class skills and capability in export grains innovation and industry development.
“The AEGIC is the second National Centre of Research Capability to be established under the grains industry’s National Research, Development and Extension (RD&E) Strategy,” he said.
“The creation of the centre addresses significant industry needs including grain quality for export markets, grain economic analysis, market intelligence, grain quality genetics, processing and product functionality, and storage and product integrity.
“Importantly, it builds national research capability in the Western region and will focus on investment in innovation that provides the greatest return to grain growers and the broader supply chain.”
AEGIC will initially be a co-investment between the GRDC and the State Government, through the Department of Agriculture and Food (DAFWA).
The GRDC has committed $20 million over five years, with DAFWA contributing a similar amount of cash and in-kind, as well as committing an additional $30m for the actual AEGIC building.
The centre will be strategically located at South Perth, co-located with the new DAFWA headquarters alongside Technology Park business and research precinct.
Mr Perrett said the centre had been established in an innovative structure that would encourage and enable public and private sector co-investment in AEGIC activities.
“The long term co-investment by GRDC and DAFWA will attract significant additional investment from the public and private sector,” he said.
“This strategy is overcoming capability gaps, creating critical mass and reducing fragmentation and unnecessary duplication of effort across the nation.”