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Media Release - Diversification Study to drive Local Agricultural Opportunities

7th September 2018

Local stakeholders will meet with consultants early next week to discuss the North Queensland Agricultural Market and Supply Chain Study.

The 12 month project by North Queensland Regional Organisation of Councils (NQROC) and the Townsville Enterprise (TEL) will investigate emerging markets and analyse supply chain gaps and sector capacity within the agricultural sector.

Mayor Ramon Jayo said ‘Now is the time to identify key products and markets that our local producers may be able to target as a complimentary crop to our sugar cane industry in order to maximise future return on investment.’

‘There are strong market opportunities driven by Asia’s rapidly growing middle class and we need to make sure that the potential of our district to be part of an emerging supply chain is fully investigated. We do not want to miss the boat and we therefore must plan accordingly.’

The North Queensland Agricultural Market and Supply Chain Study will investigate North Queensland’s capacity for new product, infrastructure and export sectors to meet existing and future international market demands.

Consultants from KPMG, Premise and AEC will complete the study for the region.

‘I encourage any growers or farmers who wish to meet with the consultants to contact Hinchinbrook Shire Council’s, Office of the Mayor and CEO on 4776 4602 to arrange an appointment,’ said Cr Jayo.

For more information regarding the North Queensland Agricultural Market and Supply Chain Study please visit the TEL website, https://www.townsvilleenterprise.com.au/key-projects/agriculture/north-queensland-agricultural-market-supply-chain-study/.

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