Prime Minister Julia Gillard announced on Wednesday that Adelaide will be home to a key manufacturing precinct, as part of the Gillard Government’s $1 billion Plan for Australian Jobs.
Gillard said that the Adelaide Defence Precinct, which will service the state’s strong defence industry, is supposed to be fully operational by August 2013, with initial services to be delivered starting May.
Earlier this week the State Government of South Australia had reportedly welcomed the plans announced by the Federal Government, with Manufacturing Minister Tom Kenyon saying that “The Commonwealth’s investment will assist the State Government to develop and implement innovation strategies, particularly through collaboration between applied research providers, the defence industry and local manufacturers.”
A total of $504.5 million has been allotted for Innovation Industry Precincts.
A Plan for Australian Jobs, which was announced last Sunday, has three key elements:
• Backing Australian industry to win more work at home;
• Supporting Australian industry to win new business abroad; and
• Helping Australian small and medium businesses to grow and create new jobs.
The precincts will help support the Australian industry by driving productivity, improving connections between business and research sectors and mobilize the industry by making it more competitive in global markets.
“Australia has strong capabilities in designing and manufacturing world-class defence products and there are major opportunities to win new work in global supply chains,” says the office of PM Gillard.
“The Defence Precinct, while based in South Australia, will link businesses, universities and government agencies nationally to generate economic benefits for Australian industry.
“The Precinct will complement the Melbourne- based Enterprise Connect Defence Industry Innovation Centre and will work closely with defence focused organisations such as the Defence Materials Technology Centre and Defence SA.”
The precinct is being counted on to foster greater collaboration among the state and the nation’s defence sector. It will also be instrumental in realizing the vision of employing over 37,000 workers and contributing $2.5 billion to the economy by 2020.
The location of the Adelaide Defence Precinct is expected to be announced in coming months while the remaining precincts will be selected in 2013.