26 September 2023

10-year roadmap shows economy the way

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The Advance Queensland Agency has launched a 10-year roadmap for the State economy to 2032.

According to the Agency, its Innovation for a Future Economy 2022-2032 roadmap builds on the success of the Advance Queensland Innovation Agenda, setting out priorities to drive jobs in the lead-up to the 2032 Olympic and Paralympic Games in Brisbane.

Premier, Annastacia Palaszczuk said the Advance Queensland journey began in 2015, with the aim of driving innovation, entrepreneurship and jobs to engage in the future global economy.

“That includes the internet of things, artificial intelligence, robotics and biotechnology, producing a range of new and inter-connected industries, including circular, renewable energy, personalised health, bio-futures, and digital economies,” Ms Palaszczuk said.

“Innovation and entrepreneurship are crucial as economies are fundamentally being transformed by major technological shifts — from AI to biotechnology, by places like Silicon Valley and companies such as Airbnb and Tesla.”

She said the State had to continue to innovate and grow, and to capitalise on the success of Advance Queensland initiatives to accelerate economic growth opportunities for Queensland in the lead up to the Brisbane 2032 Olympic Games.

“We also want to continue to reverse the brain drain. We want to build on Queensland’s enviable lifestyle as a strategic advantage to us being able to help get our smartest people back here — the roadmap builds on that,” the Premier said.

Minister for Innovation, Stirling Hinchliffe said the 10-year Advance Queensland innovation roadmap empowered innovation precincts to be the engine rooms of the collaboration and research needed to bring sport-changing technology to life.

Information about the new industries and opportunities for development and employment of a skilled workforce can be accessed at this PS News link.

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