GSEM, NRFC highlight manufacturing investment pathway in Melbourne’s south east

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Stock image. Image credit: Pixel_B/stock.adobe.com

Manufacturing investment opportunities in Melbourne’s south east were the focus of a joint industry event hosted by the Greater South East Melbourne council alliance (GSEM) and the National Reconstruction Fund Corporation (NRFC), as stakeholders discussed ways to expand Australia’s domestic manufacturing base and strengthen economic resilience.

According to GSEM, the event brought together industry leaders, local councils and senior NRFC representatives to examine current economic conditions, identify potential investment areas and outline the support required for businesses operating in the region.

GSEM, which represents eight local government areas including Cardinia, Mornington Peninsula, Casey, Frankston, Greater Dandenong, Kingston, Knox and Monash, said the discussions reinforced the region’s significance to the national manufacturing sector.

GSEM board member and former Deputy Premier of Victoria, James Merlino, said the region remains a key contributor to Australia’s industrial output.

“Melbourne’s south east produces $89 billion in manufacturing output, is home to more than 3,800 manufacturing businesses, and employs over 75,000 Australians. This is more manufacturing jobs than any other region in the country,” he said.

“As the nation’s leading manufacturing engine room, GSEM has a critical role in connecting the strong suite of local businesses with important national bodies like the NRFC.”

The alliance noted that while the region is already a major economic driver, further investment would be required to unlock its full potential, particularly in supporting the next generation of advanced manufacturing jobs.

NRFC chief executive David Gall said engagement with regional manufacturers is central to the organisation’s approach.

“We are always keen to make sure we are communicating closely with manufacturers around Australia to understand the opportunities and challenges they are seeing and how we can potentially play a role,” he said.

“That’s particularly true for regions like Melbourne’s south east that are home to so many great companies undertaking nationally significant manufacturing activity.

“The chance for our Board and Executive to spend some time engaging with local companies is one we truly appreciate and value.”

Greater Dandenong Mayor Sophie Tan said the event helped strengthen collaboration between industry and government.

“Today’s event has improved understanding amongst local businesses of how the Commonwealth can support expansion, attract investment and create more skilled jobs,” she said.

“Manufacturing continues to be one of our greatest strengths, providing a vital foundation for innovation, skilled employment and long-term economic growth across our region.”

GSEM said it would continue advocating for targeted investment and partnerships to support manufacturing growth and maintain Melbourne’s south east as a significant contributor to Australia’s economic future.