House of Assembly - Fifty-Fifth Parliament, First Session (55-1)
2023-08-29 Daily Xml

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Invest South Australia

In reply to Mr WHETSTONE (Chaffey) (5 July 2023). (Estimates Committee B)

The Hon. N.D. CHAMPION (Taylor—Minister for Trade and Investment, Minister for Housing and Urban Development, Minister for Planning): I am pleased to advise you:

As of 30 June 2023, Invest SA has delivered strong investment outcomes for the state against its key performance indicators.

The agency has facilitated $1.0004 billion in new investment, comprised of $710.4 million in foreign direct investment and $290 million national investment, creating over 4,300 jobs.

This $1.0004 billion of total investment was generated in the following key sectors:

46 per cent from minerals and energy

20.8 per cent from hi-tech sector

19.6 per cent from defence sector

10 per cent from food, wine and agribusiness; and

3.6 per cent from creative industries.