#Ireland#potatoindustry#investmentaidscheme#seed#potatoes#chippingpotatoes#agriculture#sustainability#competitiveness#innovation#researchanddevelopment
The potato industry is a crucial sector of Ireland’s agricultural economy, with the country producing around 350,000 tonnes of seed potatoes annually. The new investment aid scheme will provide much-needed financial support to growers and processors, helping to enhance the quality of Irish potatoes and increase their competitiveness in both domestic and international markets.
According to a report from Teagasc, the Irish Agriculture and Food Development Authority, the potato sector contributed €184 million to the Irish economy in 2020. The report also noted that the potato sector has undergone significant changes in recent years, with increased competition from other crops and changing consumer preferences driving innovation and development within the industry.
The new investment aid scheme is expected to play a crucial role in supporting this ongoing transformation, providing funding for research and development, equipment upgrades, and other measures aimed at improving the efficiency and sustainability of potato production in Ireland.
The launch of the €3.1 million investment aid scheme for the seed and chipping potato sector in Ireland is a positive development for the country’s agricultural economy. The scheme is expected to provide much-needed support to growers and processors, helping to maintain Ireland’s position as a leading producer of high-quality seed and chipping potatoes while also driving innovation and sustainability within the industry.
