27 September 2023

New strategy to grow a ‘zero’ economy

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The Department of State Development, Infrastructure, Local Government and Planning has developed a strategy to grow industries critical to the global shift to a ‘net zero’ economy.

The Queensland New Industry Development Strategy (QNIDS) is expected to develop the industries that will be in hot demand in a decarbonising world.

Deputy Premier, Steven Miles said that under the Strategy, a Local Economic Opportunities Network would be established, enabling communities to identify opportunities on the ground.

“This marks our commitment to making Queensland the State of opportunity in industries that will be in demand as we shift to a decarbonised global economy,” Dr Miles said.

“There is an immediate opportunity to expand our footprint in global markets of high-value supply chains involved in this transition — and we’re seizing it.”

He said the State was well positioned to leverage its unique strengths, including a wealth of natural resources, world-class ports, skilled workforce and long-standing trading partnerships.

“The Queensland Energy and Jobs Plan sets a strong foundation for a clean energy future that promotes innovation, more jobs, sustainable communities and economic growth,” Dr Miles said.

“With this Queensland New Industry Development Strategy, we are taking the next steps to strengthen Queensland’s capabilities to manufacture the equipment needed to make the shift to decarbonisation and build whole new industries to support that transition.”

The Queensland New Industry Development Strategy can be accessed at this PS News link.

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