Staff Reporters
08 October 2023, 8:00 PM
The Regional Development South Australia (RDSA) Regional Blueprint 2023 has revealed a huge $62.56 billion regional investment pipeline.
The vast majority, $51.3 billion, will flow to the north and west of the state, with the Fleurieu and KI left scrapping for the remainder.
This state-wide regional investment pipeline is published annually by RDSA and compiles the investment intentions of the public and private sectors over the next five-year period.
This year’s calculations involved assessments of more than 1,000 proposed projects.
The $62.56 billion regional investment pipeline figure represents a large increase on the $44.6 billion calculated in September 2022.
Private sector investment intentions represent a far greater share of the investment pipeline, at $48.5 billion, compared with public sector investments of $14.1 billion.
Analysis of these projects reveals the proposed capital expenditure is focused in the areas of agriculture, mining, manufacturing, infrastructure, and electricity generation.
These investments will contribute to a key mission outlined in the South Australian Economic Statement – to capitalise on the global green transition by using the state’s sustainability credentials and natural endowment to provide green energy, products, and services to the world.
The most significant capital investment opportunities are associated with the renewable energy, manufacturing and mining projects located in northern SA, with $28.5 billion in the Eyre Peninsula region, $12.1 billion in the Yorke and Mid North region, and $10.7 billion in the Far North region.
Significant investment opportunities are also anticipated in the:
Prepared by Regional Development Australia Boards in each region, a full copy of the blueprint can be found online.