Three hundred cattle have been delivered South Kalimantan as part of the Indonesia-Australia Commercial Cattle Breeding Program.
The delivery, announced today by Australian minister for Agriculture Barnaby Joyce and Indonesian Investment Coordinating Board Thomas Lembong, has occurred under a flagship program of the Indonesia–Australia Partnership on Food Security in the Red Meat and Cattle Sector.
A total of 2000 breeding heifers and 100 bulls will be delivered under the program.
The initiative is designed to help develop the Indonesian cattle industry, boost investment opportunities and enhance trade between the two nations, Mr Joyce and Mr Lembong said in a media release issued to announce the delivery this morning.
“We are working together to develop a more competitive, efficient and sustainable Australia–Indonesia red meat and cattle industry as part of a globally competitive, commercial supply chain,” Minister Joyce said.
“As demand for beef in Indonesia continues to rise, this project is one more example of Australia’s commitment to work with the Indonesian industry to increase productivity through the transfer of skills and expertise in cattle breeding.
“It will generate strong investment opportunities and establish important new markets for Australian breeding stock.”
Chairman Lembong said the program would pilot a range of different commercial scale breeding models with private partners and commercially focused cooperative smallholder groups to assess economically viable and sustainable larger scale breeding models.
“This partnership will assist the ongoing development of sustainable agricultural industries in Indonesia and further strengthen our already strong trade and investment relationship with Australia,” Chairman Lembong said.
As part of this project, Australia will supply 2000 breeding heifers and 100 bulls to selected partner sites.
In addition to the cattle, the program team will be providing extensive support on pasture development, business management, cattle husbandry, and monitoring and evaluation systems to find and promote commercially viable breeding models for Indonesia.
Cooperation in the red meat and cattle sector is one of the early outcomes of the bilateral trade negotiations for the Indonesia Australia Comprehensive Economic Partnership Agreement, IA-CEPA.
Source: Joint statement from Minister for Agriculture and Water Resources Barnaby Joyce and Indonesian Investment Coordinating Board Thomas Lembong. More information is available at www.iaccbp.org.
- The Indonesia–Australia Partnership on Food Security in the Red Meat and Cattle Sector is part of the Australian Government’s $60 million assistance package to foster a deeper partnership between the meat industries in Australia and Indonesia.
- The IACCB is the flagship initiative of the Partnership; it is a $9 million project that will run from 2016–18 aiming to support the commercialisation of cattle breeding in Indonesia. It commenced in February 2016.
- Two-way agricultural trade with Indonesia was worth nearly $4 billion in 2015.
- Indonesian total consumption of beef is growing at around 4% every year.
- Indonesia is on track to become the world’s fourth largest economy by 2050.
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