SACOME welcomes release of 20-Year State Infrastructure Strategy
The South Australian Chamber of Mines and Energy (SACOME) welcomes the release of South Australia’s 20-Year State Infrastructure Strategy as an important first step in developing the infrastructure required to harness the untapped potential of South Australia’s resources sector.
The Strategy supports the development of frameworks to appropriately value the strategic merit and economic contribution of low volume, high value resources projects across South Australia and to drive infrastructure investment in the State’s economically important regional areas.
SACOME has long advocated for the South Australian Government to play the role of first mover in developing common user infrastructure and, by doing so, break the investment deadlock that has stymied development of the State’s resources provinces, a call that has been acknowledged in the Strategy.
The Strategy recognises the resource sector’s outstanding mineral, oil and gas resources; and the requirement for infrastructure solutions that provide efficient routes to market.
Similarly, the Strategy acknowledges the importance of digital transformation and connectivity to improve remote, regional and urban areas, enabling greater regional innovation.
The Strategy provides South Australia with a disciplined framework for infrastructure evaluation, ensuring regional projects that can make a significant economic contribution to the State are appropriately valued and prioritised.
SACOME’s Chief Executive Officer, Rebecca Knol said “South Australia’s resources sector has underpinned the State’s economy during the turbulence of the coronavirus pandemic. It has provided much-needed job stability at a time where stability is most needed. Royalties paid by the sector have also contributed to funding State Government economic stimulus initiatives.
The Strategy highlights the importance of identifying opportunities that have sufficient scale and global demand to achieve a step change in growth, and recognises the importance of the resources sector in unlocking economic value for the State.
The Strategy acknowledges and makes headway toward resolving the poor condition of the State’s regional road network that limits both efficiency and productivity of the South Australian supply chain.
SACOME is committed to working with Infrastructure SA to identify and progress strategic infrastructure solutions that encourage the growth of our sector and of the State”
Media contacts:
Rebecca Knol, CEO SACOME, 0409 012 007
About SACOME
The South Australian Chamber of Mines and Energy is the peak industry association representing companies with interests and connections to the South Australian resources and energy sector.
The South Australia resources sector employs 26,000 people directly and indirectly, delivers $6.4 billion in production, $5.8 billion in exports and is forecast to deliver $325 million in royalties for 2019-20 to South Australia.
The Strategy supports the development of frameworks to appropriately value the strategic merit and economic contribution of low volume, high value resources projects across South Australia and to drive infrastructure investment in the State’s economically important regional areas.
SACOME has long advocated for the South Australian Government to play the role of first mover in developing common user infrastructure and, by doing so, break the investment deadlock that has stymied development of the State’s resources provinces, a call that has been acknowledged in the Strategy.
The Strategy recognises the resource sector’s outstanding mineral, oil and gas resources; and the requirement for infrastructure solutions that provide efficient routes to market.
Similarly, the Strategy acknowledges the importance of digital transformation and connectivity to improve remote, regional and urban areas, enabling greater regional innovation.
The Strategy provides South Australia with a disciplined framework for infrastructure evaluation, ensuring regional projects that can make a significant economic contribution to the State are appropriately valued and prioritised.
SACOME’s Chief Executive Officer, Rebecca Knol said “South Australia’s resources sector has underpinned the State’s economy during the turbulence of the coronavirus pandemic. It has provided much-needed job stability at a time where stability is most needed. Royalties paid by the sector have also contributed to funding State Government economic stimulus initiatives.
The Strategy highlights the importance of identifying opportunities that have sufficient scale and global demand to achieve a step change in growth, and recognises the importance of the resources sector in unlocking economic value for the State.
The Strategy acknowledges and makes headway toward resolving the poor condition of the State’s regional road network that limits both efficiency and productivity of the South Australian supply chain.
SACOME is committed to working with Infrastructure SA to identify and progress strategic infrastructure solutions that encourage the growth of our sector and of the State”
Media contacts:
Rebecca Knol, CEO SACOME, 0409 012 007
About SACOME
The South Australian Chamber of Mines and Energy is the peak industry association representing companies with interests and connections to the South Australian resources and energy sector.
The South Australia resources sector employs 26,000 people directly and indirectly, delivers $6.4 billion in production, $5.8 billion in exports and is forecast to deliver $325 million in royalties for 2019-20 to South Australia.