Capturing the Prize: ACT

The food and agribusiness opportunity in the ACT could be worth almost AUD$545 million by 2030 in value-added, resulting in 2,300 jobs

Taken together, the value of the 19 opportunities assessed in this study could be worth nearly AUD545 million in the ACT by 2030, in terms of value-added. In perspective, this is over four times the current value-added by the food and agribusiness sector in the ACT. These opportunities could also create over 2,000 jobs – nearly a third higher than the territory's food and agribusiness workforce today. Post-farm gate opportunities constitute 96 per cent of potential value-added and potential jobs created. 85 per cent of these opportunities are geared towards improving production standards and supply chain capacity domestically.