House of Assembly - Fifty-Second Parliament, Second Session (52-2)
2013-10-15 Daily Xml

Contents

PACE 2020 INVESTMENT PERFORMANCE

600 Mr HAMILTON-SMITH (Waite) (30 July 2013). How does the government monitor performance of the investment made into PACE 2020, by what mechanism and which key performance indicators are used to monitor its success?

The Hon. A. KOUTSANTONIS (West Torrens—Minister for Transport and Infrastructure, Minister for Mineral Resources and Energy, Minister for Housing and Urban Development): I am advised PACE 2020 is fundamentally aligned to the State Strategic Plan Targets T41 and T42, namely:

41. Minerals exploration—Exploration expenditure in South Australia to be maintained in excess of $200 million per annum until 2015; and,

42. Minerals production and processing—Increase the value of minerals production and processing to $10 billion by 2020.

At a detailed level, each project within PACE 2020 defines a series of outcomes and deliverables which are monitored and reviewed throughout the life of the project to ensure delivery success.