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New Investment To Boost NZ Bioeconomy And Drive Export-led Growth
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New Investment To Boost NZ Bioeconomy And Drive Export-led GrowthHon Dr Shane RetiMinister of Science, Innovation and TechnologyA major government investment in cutting-edge science will unlock new economic opportunities by transforming New Zealand’s unique natural resources into high-value pharmaceutical and bio-based exports, Science, Innovation and Technology Minister Dr Shane Reti announced today.
“Science, innovation, and technology is one of the five pillars of our Going for Growth economic strategy.
Note:Funding for the Biodiscovery Platform has been reprioritised from within the Strategic Science Investment Fund.
The Biodiscovery Platform is funded for $42.8 million over seven and a half years.
This investment advances the Government’s Going for Growth and aligns with the Tōnui Māori Strategy, which identifies biodiscovery as a priority opportunity within the Māori economy.