Joint dairy venture

By Country News on March 03, 2017
  • Joint dairy venture

    Prime Minister Malcolm Turnbull has announced a joint Australia and Israel venture for a new commercial dairy farm in Wagga Wagga. (AAP/ Rick Rycroft)

Prime Minister Malcolm Turnbull has announced a joint Australia and Israel venture for a new commercial dairy farm in Wagga Wagga, using Israel’s latest dairy and agriculture technology.

In a column in The Australian newspaper, commemorating Israeli Prime Minister Benjamin Netanyahu’s first visit to Australia, Mr Turnbull said both countries must work together.

‘‘Australia and Israel understand the value of creativity and innovation,’’ Mr Turnbull said.

‘‘Together our scientists and business people are partners in every field of technology.

‘‘The new facilities will provide Australian farmers with an opportunity to benefit from world-leading Israeli dairy and agricultural technology.’’

The project, labelled Project Bridge, is being funded by Sydney-based investment firm Blue River Group, which acquired the Riverina Fresh brand, based in Wagga Wagga, from Fonterra Australia in 2016.

Blue River Group’s co-chief executive officer Grant Fuzi said the project was consistent with the company’s ethos of developing projects that generated commercial returns and achieved positive social or environmental outcomes.

‘‘Project Bridge is an exciting opportunity for Blue River Group to continue its commitment to a more sustainable dairy and agriculture sector by creating a collaborative ecosystem that is outcome focused,’’ Mr Fuzi said.

‘‘We believe access to the benefits of new technologies and ideas will encourage the next generation of farming families to remain on the land.’’

The group is currently seeking global and local project partners, with a view towards delivering the project in the next 12 months.

By Country News on March 03, 2017

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