- Second Local Content Report tabled in State Parliament
- $8 billion awarded locally from July to mid November
Commerce Minister Simon O'Brien today tabled in Parliament the State Government's second Local Content Report - confirming more than $8billion of publicly announced contracts had been awarded to local businesses from July to mid-November 2011.
Mr O'Brien said the report underlined the buoyant nature of resource development in Western Australia and the Government’s intent for transparency.
“The State Government will provide Parliament and the people of Western Australia with regular updates regarding significant developments in the important issue of local industry participation in State-based mineral and energy projects,” he said.
“The report details the developments in the resources industry, including Chevron’s decision to proceed with the $29billion Wheatstone project and announcements by major iron ore project proponents to significantly upgrade production capacity, and how these developments have benefited WA-based companies.
“The report also shows that the State Government has been extremely active in implementing the initiatives contained in the Local Industry Participation Framework announced in July, in terms of both liaison with project proponents on local content issues and support to Western Australian-based manufacturing and service companies.”
The Minister said there was a general understanding and acceptance of the priority the Liberal-National Government was placing on this issue with many project proponents. A positive interchange had also begun with the Federal Government as it acknowledged the implications of a more competitive local content market.
The November Local Content Report covers the release of the Western Australian Government Local Industry Participation Framework and its implementation; recent announcements in relation to project initiation and upgrades; trends in local contract awards; Federal Government initiatives; and a summary of project sourcing reports received under State Agreement Acts.
This document follows on from the first report presented by the Minister to State Parliament in May 2011.
Minister's office - 9213 6400