The Economic Development Strategy for Regional NSW aims to drive economic growth and to deliver a dynamic and globally competitive regional economy. It also focuses on actions to address challenges and opportunities in Regional NSW.
The strategy identifies five goals to enable economic regional growth. The goals are underpinned by research that shows the importance of building human capital and skills, innovation, infrastructure and connectivity to markets and jobs.
Five goals to enable regional economic development
Goal 1: Promote key regional sectors and regional competitiveness.
Goal 2: Drive regional employment and regional business growth.
Goal 3: Invest in economic infrastructure and connectivity.
Goal 4: Maximise government efficiency and enhance regional governance.
Goal 5: Improve information sharing and build the evidence base.
The NSW Government is committed to boosting the regional economy by:
– Enabling competition and building capability in the economy.
– Fostering strategic engagement and partnerships with industry.
– Investing in infrastructure and other drivers of productivity growth.
– Implementing innovative and fiscally responsible economic policy.
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