The project will generate strong investment opportunities and establish important new markets for Australian breeding stock.
A total of 2000 breeding heifers and 100 bulls will be sourced for the Indonesia-Australia commercial cattle breeding program.
About 300 cattle have arrived at the first partner site in South Kalimantan as part of the Indonesia–Australia Commercial Cattle Breeding Program (IACCB), a flagship program of the Indonesia–Australia Partnership on Food Security in the Red Meat and Cattle Sector.
Deputy Prime Minister of Australia and Minister for Agriculture and Water Resources, Barnaby Joyce, and Chairman of the Indonesia Investment Coordinating Board, H.E. Mr Thomas Lembong, said this initiative would help develop the Indonesian cattle industry, boost investment opportunities and enhance trade between the two nations.
“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.
