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New Cotton CRC introduced by Federal Member

24 Nov '05
3 min read

Cotton seed supplier Cotton Seed Distributors Ltd (CSD) announced that the new Cotton Catchment Communities Cooperative Research Centre (Cotton CRC) has been officially launched by the Federal Member for Gwydir, The Hon. John Anderson.

The new CRC has a total budget of $138 million over its seven-year life, comprising cash inputs of more than $ 65 million, including $26.5 million contributed by the Federal Government.

Its goal is to generate around $7 for every dollar invested in research programs, stimulating in the order of $1.2 billion in further economic growth in regional cotton catchment communities.

Speaking at the launch, Cotton CRC Chairman, Dave Anthony state that the Cooperative Research Centre model brought together a diverse group of institutions and people to create and combine resources, synergies, cooperation, efficiencies and benefits not possible as individual entities.

Mr Anthony stated that agriculture depends on research and development, and the cotton industry has been at the forefront through the focus, resources, management and people nurtured and ploughed into R&D since the initial CRC for Sustainable Cotton Production, which ran from 1993 to 1999, and the Australian Cotton CRC from 1999 through until September 2005.

He paid tribute to former CRDC executive director, Ralph Schulze, and key industry researchers, in implementing the leadership and vision which stimulated the cotton industry's initial involvement and subsequent enhancement of the CRC concept.

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