Fen farming industry set to receive a slice of £160 million of Government funding
- Credit: Archant
Fenland is set to receive a boost from £160 million of investment in the UK agriculture industry.
It is yet to be announced how much money will come to this area but it is hoped funds can be put towards the building of an Agritech centre in Wisbech.
The centre will provide cutting edge scientific research into next generation farming techniques.
The national funding package was launched at an event hosted by Universities and Science Minster David Willetts and George Freeman MP, the Government’s Adviser on Life Sciences.
The Agri-Tech Industrial Strategy sets aside £90 million to support centres for agricultural innovation and will bolster the recent package of £3.2 million awarded to the Eastern England Agri-tech Growth Initiative by the Government’s regional Growth fund.
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Mr Barclay said: “This commitment to the long term future of Agriculture in the UK is great news for Fenland, one of the major centres of agricultural development in the East of England.
“I am delighted that the representations I made to Minister in Westminster alongside my colleagues on the council have underlined the importance of Fenland as an essential part of the ongoing success of the UK’s Agri-Tech and farming industries.
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“The UK is fast becoming a world leader in agricultural science and technology and it is great that plans are now being actively considered for an Agri Tech centre in Wisbech as part of the 2020 vision strategy.”
The Agri-food supply chain contributes an estimated £96 billion to the economy and employs 3.8million people.