Economic Development Board

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EDB Purpose Statement

The purpose of the Economic Development Board is to maximise the value of emerging economic opportunities for South Australia, so that South Australia is recognised as the most competitive place in Australia in which to invest and grow a business.  

It will advocate that the benefits of our prosperity are shared across current and future generations of all South Australians in a way that sustains and enhances our State’s unique environment and liveability.

 

 

The major activities of the EDB are to:

  • Advise the Government of the day on what is needed to maximize economic development, and identify what needs fixing, changing or improving
  • Champion processes that make South Australia the most competitive place to do business and create a dashboard that measures key outcomes
  • Promote the South Australian story, advocating the benefits of South Australia’s economic growth across the community, Australia, and the world, and lead the conversation on what is needed for economic development
  • Lead task forces in strategic areas of highest impact

 

EDB focus areas

In 2011, the EDB taskforces will work in five areas towards:

  • Maximising immediate and long-term economic opportunities from the strongly-growing resources sector
  • Ensuring regional development with an immediate focus on following through on the Kangaroo Island proposal and creating an integrated strategy and action plan for the Upper Spencer Gulf region
  • Proactively sourcing export opportunities and securing interstate and international inward investment
  • Ensuring infrastructure investment is aligned with economic and social development priorities
  • Making South Australia the most competitive state to do business.