The government will restructure the country’s seven crown research institutes into three public research organizations, including a Bioeconomy PRO, Earth sciences PRO, and Health and Forensic Science Services PRO, as well as an advanced technology PRO. Callaghan Innovation will be dissolved, and a new Prime Minister’s Science, Innovation and Technology Advisory Council and Invest New Zealand agency will be established. The reforms aim to maximize economic value from the $1.2 billion in government funding to the science sector annually, with legislation expected by the end of the year and new organizations operational by 2026.
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