Quantcast
Channel: Updates to Ministry for Primary Industries
Viewing all articles
Browse latest Browse all 2237

Overview

$
0
0

What PGP will achieve

The PGP aims to:

  • boost productivity, value and profitability in the primary sector
  • deliver long-term economic growth and sustainability across primary industries, from producer to consumer
  • encourage more private investment in research and development in New Zealand.

The PGP is a prime example of how MPI is helping primary industries to reach their maximum potential and to work towards goals like doubling the value of exports by 2025.

Read more about PGP and each programme

A recent report by New Zealand Institute of Economic Research (NZIER) shows that the PGP could add up to $6.4 billion to New Zealand’s GDP from 2025, with the possibility of a further $4.7 billion if the aspirational stretch of programmes is realised, the innovations are taken up widely, and all the research and development is successful.

Read the NZIER report on the potential benefits of the PGP

Who and what PGP covers

PGP programmes cover the breadth of the primary industries: wool, dairy, fishing and aquaculture, meat, pastoral, bee keeping, forestry, wine, viticulture, and horticulture.

Programmes include focusing on areas like:

  • education and skills development
  • research and development
  • product development
  • commercial development
  • technology transfer.

Download the 2014-2015 Annual Report

Current programmes

Around $724 million of government and industry funding has been committed to 20 PGP programmes to date, over their lifetime.

PGP committed investment ($ million) over time by sector (July 2015)

PGP total funding pie chart

PGP funding arrangements

Government funding is released in stages after invoices are received for the work undertaken by contracted programmes.

As at 31 October 2015, total government funding paid to programmes underway was $165 million.

Governance, monitoring, assurance, and evaluation

Good governance, monitoring, assurance, and evaluation are important to protect all the interests in the PGP.

Investment Advisory Panel

Decisions on PGP investment are made by the Director-General of the Ministry for Primary Industries, supported by advice from the Investment Advisory Panel.

The independent panel is an advisory group of up to 6 representatives, chaired by Joanna Perry. It's responsible for assessing PGP proposals, and advising MPI on PGP investment decisions. It also gives advice to MPI on the monitoring of contracted programmes.

How to apply

The success of the PGP is dependent on industry groups coming up with ideas and being willing to back them with co-funding.

Who to contact

If you have questions about the PGP, email pgp@mpi.govt.nz .

Find out more:


Viewing all articles
Browse latest Browse all 2237

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>