A new project in the town of Hughenden, Queensland, granted Major Project Status by the Australian Government, is estimated to provide over 300 jobs and provide graziers with an alternative path to market for their cattle.
CNVM Investment Pty Ltd will invest over $100 million to develop an integrated processing plant and feedlot in Hughenden.
With Major Project Status, they will now receive help coordinating Commonwealth approvals for the project.
The project, also supported by the Flinders Shire Council and North BEEF, will be developed on more than 900 hectares of land known as Town Common, about 5 kilometres from the township of Hughenden in the Flinders Shire in north-west Queensland.
Acting Minister for Industry, Innovation and Science, Michaelia Cash said the project has major benefits for the region.
“This plant will have the capacity to process around 180,000 head of cattle per year and frozen meat will be exported to the Asia-Pacific region,” Minister Cash said.
“The project is estimated to provide over 300 full time jobs in a region impacted by high youth unemployment.
“It will also create opportunities for indigenous workers in the area.”
Major project status for this project was granted under the Department of Industry, Innovation and Science’s Major Project Facilitation programme, which is administered by the Major Projects Facilitation Agency.
Source: Australian Government