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88 new projects open for investment in South Australia

Defence

AN OUTLINE of the investment opportunities in South Australia was launched today at the state’s newest investment, the revamped

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Adelaide Oval.

The Premier of South Australia Jay Weatherill launched the South Australian Major Developments Directory 2015, detailing 326 projects worth $94.7 billion underway or in the pipeline.

Of these projects, 88 are new this year and more than one-third come from the minerals and energy resources sector.

South Australia has more than 80% of Australia’s uranium reserves and almost 70% of its copper resources.

Other sectors with considerable investment include manufacturing, defence, infrastructure, health, education, food and wine, and urban development.

The push for investment in urban development came on the same day that the Adelaide Convention Centre finished the first stage of its $350 million expansion and renovation.

Speaking at the meeting, the managing director of Hewlett-Packard South Pacific, Nick Wilson, said Hewlett-Packard chose to invest in South Australia because the state government and University of South Australia listened to its plans for better IT education and helped make it happen.

Hewlett-Packard has established the HP Innovation and Collaboration Centre at UniSA’s City West campus and co-developed a new four-year honours degree program in IT and business informatics that will start in January 2015.

Wilson said he was impressed that establishing the centre and the new degree only took eight months.

Speaking at the same function, Deloitte Access Economics Partner Chris Richardson said South Australians need to look ahead to supply the emerging economies of Asia with premium food and services.

Photo: Aerometrex

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