The industry innovation and competitiveness agenda lists the oil and gas industry as a key economic driver and a source of future growth, along with food and agribusiness; mining equipment, technology and services; medical technologies and pharmaceuticals and advanced manufacturing.
The $A188 million scheme suggests that educational reforms are necessary to boost competitiveness on the international playing field and attract further resource development, while creating industry growth centres in the five sectors.
To read more about the energy development plan, sign up for a free PPO trial.
