The Victorian Government has released a manufacturing and services statement, promising to help both sectors try to stay competitive as part of a $245 million strategy.
Launching Building Our Industries for the Future in Melbourne last week Victoria's Premier John Brumby said the strategy was about strengthening industries critical to the state's economic prosperity and creating new business opportunities.
“The Victorian Government is taking action to ensure industry and manufacturing can turn the rapidly changing global economic conditions into opportunities to build future growth, secure and create new jobs and develop more innovative industries," Brumby said.
He said direct taxpayer assistance to businesses was responsible government, adding that the tough global economic climate had brought about unprecedented new challenges for Victorian industry and manufacturing.
“One way the Government will tackle this is with a strengthened Victorian Industry Participation Policy (VIPP), to maximise local opportunities,” he said.
“When two or more bids are comparable in terms of quality and whole-of-life pricing the government will continue to give preference to bids that maximise local industry benefits."
Brumby said The Industry Capability Network would have a strengthened role in certifying tenders and VIPP commitments would be included as a primary selection criteria as part of the tender selection.
“The enhanced VIPP will boost local content in strategically significant major Government procurement with preference given to bids that maximise local industry benefits," he said.
Brumby also said that major projects that are declared of strategic significance will have additional criteria that can include minimum local content requirements and an additional weighting given to local content.
Building Our Industries for the Future is available online at: www.business.vic.gov.au
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