Hon Simon O'Brien MLC

Hon Simon O'Brien MLC

Former Minister for Finance; Commerce; Small Business

    $14b local content contracts awarded (Video)

    14/02/2012 12:00 AM
     
    • WA-based companies awarded more than $14billion in contracts
    • Thousands of  jobs created through new resource contracts  
    Commerce Minister Simon O’Brien today announced that more than $14billion worth of contracts had been awarded to locally-based companies by the State’s resource sector since July 2011, promising thousands of new jobs for West Australians. 

    Mr O’Brien said this was an outstanding outcome and evidence the Liberal-National Government’s approach to local industry participation was working.

    “In July last year, I launched the Government’s new Local Industry Participation Framework which sent a clear message to project proponents that local content is a high priority,” he said.

    “Since then, 63 WA-based companies have been awarded major contracts to work on the lucrative resource projects under way in the State.  

    “What it really means is thousands of jobs for West Australians.

    “For example, the recent $600million FMG contract awarded to RCR Tomlinson will result in 500 to 600 jobs. Similarly Clough’s new Wheatstone contract will result in 300 new positions.

    “What is more, it is estimated that every new job in the resources industry results in the creation of another job in the non resource sector.

    “This is why Western Australia is the best place in Australia and perhaps the world to be looking for a job.

    “The diversity of the goods and services required by our minerals and energy sector is also interesting to note. Contracts have been let for fabrication, engineering, environmental management, logistics, design, plant construction, safety, information and communications technology and workforce accommodation.”

    “This $14billion figure is extremely important in terms of the stimulus it is providing to the local economy at a time when other States are facing static or declining growth prospects.”

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    Video: Announcement