Content DIV 162023
Making a world of difference
We need to be open to new people, new ideas, new investment and business partnerships.
To get ahead in a competitive world, we need to build South Australia’s international connections, alliances and exports to a new level. Our future prosperity depends upon it.
We need to attract foreign direct investment to connect us with overseas markets, capital and know-how.
We can build on our proud history of multiculturalism and we’ll attract new people to our state with ideas, entrepreneurship, cultural connections and capital.
With stronger international connections we can make a world of difference to South Australia’s future.
International trade and investment are critical for an outward looking, sophisticated South Australian economy.
With almost 1 million hectares of land, 1.7 million people and an abundance of natural resources, international trade and investment are pivotal to South Australia’s prosperity.
Almost a quarter of our state’s population was born overseas, with migrants contributing significantly to our economy through entrepreneurship and by enhancing relationships between South Australia and the rest of the world.
We need to build on these international connections and bring them to the fore of our thinking. We need to be open to new people, new ideas, new investment and business partnerships.
Foreign investment supports the development of our key sectors, attracting new economic agents which will aid job creation and new business opportunities.
Alliances with global companies can develop new thinking and cultural change in our state, help expand market opportunities, and ultimately build our wealth and standard of living.
We need to increase skilled and business migration to South Australia and significantly increase economic activity, employment and enterprise profitability linked to exports.
South Australia’s future economic growth is dependent on our international connections and engagement.
Actioning a global future
Objectives for 2017
- Increase goods and services exports from $13.8b (2013) to $18b (2017) to create new jobs and economic growth.
- Increase the number of South Australian businesses exporting by at least 50 per annum.
- Create at least 6000 new jobs in South Australia through inbound Foreign Direct Investment.
- Increase the number of state government skilled migration nominations from 2226 in 2013-14 to at least 2400 per annum in 2016-17.
- Increase the number of business migrant nominations from 130 in 2013-14 to at least 250 per annum in 2016-17.
Taking the initiative
Ensure our businesses and industry groups are engaged in trade missions.
Provide case management services for high value projects undertaken by business migrants and other international investors.
Work with companies that have fly-in fly-out (FIFO) employees or relocation opportunities to seek their support for these employees to become residents of South Australia.
Target onshore temporary migrants to become permanent residents of South Australia, including international graduates and skilled workers.
Develop linkages with our university sector and Education Adelaide to better coordinate trade and migration, student and investment attraction activity.
Make it a priority to get involved
India, China and South East Asia engagement strategies
See how South Australian businesses can capture and maximise opportunities in these growing economies:
- South Australia – India Engagement Strategy
- South Australia – China Engagement
- South Australia – South East Asia Engagement
Connecting domestic and international investors to South Australia’s significant investment opportunities - see Invest in South Australia
Move to South Australia