Invest SA is to be re-established within the Department for Trade and Investment to facilitate connections across Government Agencies and regulators, and support businesses to easily navigate Government processes.
Announcing the Agency’s re-establishment, the Department said Invest SA would focus on driving inbound international and national investment into South Australia – leveraging the State’s competitive strengths and competencies.
“Consisting of a team of investment and business development professionals, with deep sector knowledge and strong industry networks, Invest SA will also extend its remit to the development and delivery of key strategic investments and projects,” the Department said in a statement.
“The Invest SA model will focus on the identification of key investment targets to build out high-value ecosystems in South Australia, growing the state’s economy,” it said.
“Invest SA will amplify the attraction of external investment into economic priority areas within the State, to create long-term sustainable economic growth.”
The Department said Invest SA would provide a bespoke account management and full-service delivery model, working with international and national companies to deliver initial and subsequent investment and trade opportunities.
“Invest SA will be responsible for coordinating and facilitating connections across Government Agencies and regulators to support businesses to easily navigate Government process, connecting international and national investments to critical industry and research partners, market opportunities and ultimately, export gateways,” it said.
“Invest SA will build industry, Government and academic alliances, as well as consortia, in support of emerging global growth areas, to drive optimum results for investors and the State.
“Working with Brand SA and the Department for Trade and Investment’s international office networks, Invest SA will support the promotion of South Australia’s credentials and investment approach around the world.”
The Department said it was currently working through the structure of Invest SA.
