Page 4145 - Week 15 - Thursday, 17 December 1992
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(6) As part of its function and role the Division is currently involved in a wide range
of projects; most notably:
establishment of a Development Unit in the Tourism Commission comprising a New Events Cell to attract and develop events which will contribute to ACT Tourism and an Infrastructure Development Cell to identify gaps is existing tourism infrastructure; follow up to the launch of a campaign aimed at attracting the advanced technology industry and incorporating the booklet Canberra - Australias Communications and Computing Capital. Specific projects are being subsequently pursued with a variety of clients including both telecommunications carriers; assisting the FAC in the proposed development of Canberra airport as a centre for regional and national freight distribution and warehousing; co-ordinating "Canberra in the Year 2020" project; a business development strategy being developed by EPACT; developing a code of practice for retail tenancies; working with business to review specific areas of regulation; compilation of labour market statistics and the preparation of population forecasts for the ACT as a whole and for individual suburbs, for use in forward planning and analysis by government and public interest groups.
(7) During 1992-93 it is intended to build on the initiatives put in plane in 1991-92,
principally by bringing a number of major initiatives (as listed in (6)) to fruition
while continuing to provide quality economic development advice and support to
me and the Government. While significant benefits in terms of employment
generation, a more conducive business environment and increased investment will
accrue through these projects, they are difficult to measure in ample test and.
benefit terms, because in most cases the costs fall on the Government, but the
its accrue to the community as a whole, including the business community. .
The outcomes from these projects will be assessed through the normal reporting processes. As I have illustrated in my answer to question (5), there is no question that the benefits of the activities of the Economic Development Division will continue to far outweigh the costs.
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