South Perth, Australia
May 5, 2004
With 2003 investments in the Grain Foods CRC and
HRZ Wheats coming on top of maturing investments in Canola
Breeders WA (CBWA) and Grain Biotech Australia (GBA), the
Export Grains Centre (EGC)
is to focus more attention on a national portfolio.
Its just released 2003 Annual Report also reveals that the
Grains Research and Development Corporation (GRDC) has extended
its support of the company through to the end of 2009.
EGC was established in 1999 as an independent, commercially
focused investment organisation to identify and utilise
synergies between research providers and potential domestic and
international investors to meet WA’s crop improvement needs.
As a company limited by guarantee, EGC was not obliged to issue
an annual report, but its Executive Chairman, David Crawford
said it was important to show growers, who support EGC through
the GRDC and investment partner the Council of Grain Grower
Organisations (COGGO), what had been achieved.
EGC’s two initial investments, CBWA and GBA, launched new canola
and wheat varieties for the 2004 season, setting new benchmarks
for rapid variety development.
“One of EGC’s principal aims is to commercialise research and
development in WA to hasten the delivery of new varieties to
growers,” Mr Crawford explained.
“A broader national focus into the future, however, should help
EGC meet the challenge of stimulating further private investment
in crop improvement.”
The EGC board, which supports partner companies with a
comprehensive range of technical and commercial skills,
comprises: Executive Chairman David Crawford, Research Director,
Dr John Hamblin, Peter Reading (GRDC), Mick McGinniss (GRDC),
Bruce Piper (COGGO), Christopher Roberts (COGGO) and Hendy Cowan
(Independent). |