Agriculture – your investment opportunity
Agriculture is a key strength of the Queensland economy. By maximising our innovative processes and technologies, Queensland is well-positioned to meet the rising global food demand and challenges brought about by climate change.
Our new technology boom is radically changing farming and boosting productivity. The next generation of precision agriculture technology is being developed here – including automation and data analytics, genomics, and modelling and remote sensing. Queensland is also a significant global beef processor, servicing global markets with high-quality beef products.
Queensland-based investment opportunities are transforming food production as we know it. Its technological advances in robotics, packaging, digital and wireless systems, weather and animal monitoring, and geospatial development will be critical to driving efficiency and productivity to meet the world’s food needs.
Future foods and plant-based proteins
Global food security relies on the development and delivery of new technologies to increase food production. Queensland has an abundance of natural resources and feedstocks, which – combined with world-class scientists and research institutions – provide a platform for investors to harness the emerging opportunities in future foods.
Queensland’s diverse fisheries, excellent growing conditions and research programs are poised to help meet global demand for quality seafood products. Terrestrial Aquaculture Development Areas encourage sustainable growth opportunities for investors in products such as prawns and barramundi.
Quick glance at Queensland's agriculture sector
88% of Queensland's land is used for agriculture and food production.
Contributes over A$10 billion each year to the Queensland economy.
Diverse agro-climate zones and natural resources.
10-year growth strategy focused on new tools, technologies and research.
Case study: InFarm
InFarm is a Goondiwindi-based agricultural AI company focused on delivering groundbreaking technology to farmers.
They use state-of-the-art AI and advanced technology to develop tools that help producers become more profitable and efficient.
InFarm partners with Australian farmers as well as multinationals like Dell, Microsoft and Bayer, and is the only private enterprise in Australia to have received funding in Microsoft’s USD 50 million AI for Earth program.
Photo source: https://www.infarm.io/