House of Assembly: Thursday, February 04, 2021

Contents

Trade and Investment Offices

In reply to Dr CLOSE (Port Adelaide—Deputy Leader of the Opposition) (24 November 2020). (Estimates Committee B)

The Hon. S.J.R. PATTERSON (Morphett—Member of the Executive Council, Minister for Trade and Investment): I have been advised the following:

1. The state government allocated $12.8 million for the establishment of new trade and investments offices over four years to 2021-22.

The cost breakdown for the creation and maintenance of each trade and investment office from year 2018-19 to October 2020 is as follows:

LOCATION COSTS A$
Shanghai, China 918 000
Tokyo, Japan 1 003 000
Seoul, South Korea 16 000
Houston, TX, USA 201 000
New York, USA -
Dubai, UAE 101 000
South-East Asia 29 000
TOTAL 2 268 000


In relation to measurement of performance for overseas offices, the Department for Trade and Investment has key performance indicator (KPI) targets for each office that relate to trade and investment facilitation and outcomes that support the wider department KPI targets as outlined in 2020-21 state budget papers, Budget Paper 4, Volume 4.