16 March 2016
Australia’s largest dairy company will supply infant formula to Indonesia after signing an agreement with premium food product distributor Kalbe Nutritionals.
The Devondale Murray Goulburn Co-operative, which processes one-third of Australia’s milk, will build on its already strong partnership with Kalbe to supply quality dairy powders for distribution through the Indonesian company’s extensive networks.
“Australia is a centre of innovation – we were rated first in the Global Creativity Index in 2015. We are a world leader in agribusiness. Smart Indonesian investors are investing in this sector. Some have processing plants for export to third markets. This creates jobs for Indonesians,” Australian Ambassador to Indonesia Paul Grigson said.
This follows the signing of an agreement in November between Australian health company Blackmores and Kalbe to develop multivitamins and nutritional products.
“More Australian and Indonesian businesses should be coming together in global value chains. The growth of the middle class in Asia offers huge potential for suppliers of quality food and beverages,” Ambassador Grigson said.
This announcement comes as Indonesian Trade Minister Thomas Lembong is in Australia for talks on the Indonesia-Australia Comprehensive Economic Partnership Agreement, which will strengthen trade, investment and economic cooperation between the two countries.
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