Regional development is a core pillar of economic development for our State. Our regions are vital drivers of the State’s economy, contributing more than one third of Western Australia’s economic activity and 95 per cent of our exports. Given our natural and comparative advantages, innovative and skilled people and growing export markets, there are significant opportunities for the continued growth of regional economies.
The Regional Development Strategy (Strategy) is a plan to build on the potential of our regions for the benefit of all Western Australians. The Strategy is built on the understanding that achieving good regional development outcomes requires a blend of economic and social investment, and ongoing support to ensure the sustainability of our regional communities.
As we move into the next decade, the Strategy harnesses the best knowledge and understanding of what works, and builds on the significant achievements we have made together in recent years. Targeting our regional development effort and investment through the Strategy will deliver the best outcomes.
We are focused on giving greater priority and purpose to the key foundations for economic development and driving new growth and investment in areas where our advantages match national and global opportunity. This will ensure we are focussed not only on our current prosperity but on the opportunities for future generations.
I am proud of the difference the State Government has made so far for regional Western Australians and our State as a whole. As we move into the next phase of our regional development agenda, my ambition is to see the opportunities and success of our regions continue to contribute to our State’s prosperity and build the WA of tomorrow.
Hon Terry Redman MLA Minister for Regional Development.