Ag Tech Sunday - An extra US$800 billion of investment needed to feed Asia over the next 10 years
- By: "Farm Tender" News
- Ag Company News
- Nov 30, 2019
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By Duncan Ferguson - Agriculture and Food Commercialisation Lead at CSIRO
US$800 billion will be needed on top of existing investment levels for Asia to feed itself sustainably over the next 10 years, a study by PwC, Temasek and Rabobank has found. This comes as spending on food in the region is expected to double to US$8 trillion by 2030, with 250 million more mouths to feed in the same time. Report briefing at Asia-Pacific Agri-Food Innovation Week highlighted the four key components required for successful investment and innovation hubs across the region. As Asia rapidly urbanises and becomes more affluent, governments, investors and firms will have to work together to create an environment that supports innovation in the agri-food sector.
Download the report here - https://www.asiafoodchallenge.com/?utm_source=t
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