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Seven thousand jobs, 24 companies and $1.79b in investment


Investment Attraction South Australia’s annual report shows it has shot past its target to create 6000 jobs by 2017 and injected more than $1.79 billion investment into the State.

The agency has assisted 24 companies which will create more than 7000 jobs for South Australians.

Companies include Boeing (250 jobs); Inghams (850 jobs); Tic:Toc (196) and cyber security firm VeroGuard which recently announced it will relocate to SA from Victoria, creating 596 jobs.

IASA opened for business in October 2015 with a directive to drive inward investment for the state creating high value-adding industries and sustainable jobs.

The agency’s key focus is to capture foreign direct investment which leads to job creation and business growth. It works to attract capital investment in growth sectors, establish new operations of international firms and accelerate the start-up of new industries.

Image Caption: Investment Attraction South Australia’s efforts will contribute an estimated $6.7 billion worth of economic benefit.

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