Forums to assess Upper Spencer Gulf investment opportunities

06/09/2012

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The first in a series of industry forums will be held in Adelaide to explore the findings and recommendations of a study highlighting how the Upper Spencer Gulf can boost regional development opportunities from the growing resources and energy sectors.

The forum, held today, will be hosted by Minister for Regional Development, Gail Gago, and KPMG, with a select group of key industry leaders.

"I want to discuss with industry how business and Government can progress the investment opportunities in the Upper Spencer Gulf (USG) to build local capability and maximise participation in mining and mining related activities," Ms Gago said.

"This region is presented with numerous opportunities in the resources and energy sectors and in major project developments, and there are plenty of options which can still be examined."

Primary Industries and Regions SA (PIRSA) commissioned KPMG to prepare the report on the feasibility of a Heavy Industry Hub in the Upper Spencer Gulf, as it responds to those opportunities.

Minister Gago launched the Upper Spencer Gulf Heavy Industry Hub Feasibility Study in Whyalla in late July.

"The results of this study and subsequent forums will help business and Government better understand the needs of industry in the Upper Spencer Gulf, and help them maximise the benefits from industry growth," Ms Gago said.

"The study's key objective is to assist Government identify how best to facilitate the area to maximise its participation in mining and energy supply chains, generating future economic benefits.

"This forum is the next step for industry, Government and communities to collaborate on realising the opportunities in the area."

Dates for additional forums are to be scheduled in the region soon to ensure that mining, mining service providers and communities are involved.

These forums will assist in informing future policy decisions by all levels of Government and will assist industry in making investment decisions in the region and throughout South Australia.