Founding partners of the Food Innovation Precinct WA sign leases

Updated May 11 2022 - 9:53am, first published May 6 2022 - 10:00am

A new era in food innovation has officially begun in the Shire of Murray.

On Wednesday, the founding partners of the Food Innovation Precinct Western Australia (FIPWA) signed leases committing them to at least five years at the centre.

The $21.7 million precinct, located at the Peel Business Park in Nambeelup, is intended to enable commercial research and development, prototype and market testing of food and beverage products, and networking for WA food producers.

Shire of Murray president David Bolt said there was nothing quite like this in Australia.

"There are development and research grants available, business mentoring and development opportunities, and it's all come from a local government shire that's punching well above its weight and delivering value for its ratepayers."

It's thought the Precinct could bring a billion-dollar boost to WA by enabling up to $330 million in the food and beverage sector, and another $737 million into the wider economy over the next five years.