Australian Government Invests in Food & Beverage Industry to Boost Economy

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Researched by Industrial Info Resources (Sugar Land, Texas)--Food and beverage manufacturing is the largest sector in Australia, employing one in four persons and contributing around AUD$22.4 billion (US$16.2 billion) to the nation's economy, according to Angus Taylor, minister for industry, energy and emissions reduction.

Thus, Australia's government seeks to boost the economy by providing funding and grant money to food and beverage companies.

Industrial Info is tracking six projects, worth US$40 million, that are related to these investments. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for a list of detailed project reports.

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