€35m invested in beef, sheep fund

Government investment of more than €35m in 13 projects under the Beef and Sheep Meat Capital Investment Fund proceeded this year.

It supports capital investments designed to better utilise overall industry capacity through increased scale in primary processing, increased added value in further processing, and improved efficiencies to allow Irish companies compete internationally.

Meanwhile, the Government has announced that 580 new jobs were created in 2013 via 19 significant investments in the food and drink sector.