Moranbah abattoir new funding option

Moranbah abattoir new NAIF loan option


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Blair (pictured) and Josie Angus hope to secure a Northern Australia Infrastructure Facility development loan for their planned abattoir near Moranbah.

Blair (pictured) and Josie Angus hope to secure a Northern Australia Infrastructure Facility development loan for their planned abattoir near Moranbah.

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A beef processing plant near Moranbah is closer to being a reality after changes to the federal government’s Northern Australia Infrastructure investment mandate for loans.

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A BEEF processing plant near Moranbah is closer to being a reality after changes to the federal government’s Northern Australia Infrastructure investment mandate for loans. 

The proponents of the central Queensland abattoir project, Blair and Josie Angus, are in talks with assessors from the Northern Australia Infrastructure Facility to raise further capital for the project. 

The Angus' have already secured a $5 million grant from the government’s regional jobs and investment stimulus program toward the estimated $30 million processing plant.  

Under new rules for NAIF, the remaining funds could come from the government lender.

However, the Angus family has declined to comment on the amount applied for under the NAIF development loan scheme. 

“If we secure this NAIF loan, it will enable us to take the abattoir building project through to completion with a lot more confidence,” Mrs Angus said.

“This abattoir is based on beef carcase value enhancement and value capture.”

The boutique abattoir is expected to process 200 carcases per day or between 60,000 to 70,000 carcases per year when fully operational.

The story Moranbah abattoir new funding option first appeared on Queensland Country Life.

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