❓ Dr. Steve Thomas questions the Minister regarding the allocation of the $500 million Strategic Industries Fund across 13 strategic industrial areas (SIAs), seeking details on funding distribution, prioritization, and specific allocations for the Kemerton SIA. The Minister's response refers back to a previous answer and provides a general statement of intent.
AnsweredQoN 1129Legislative Council
Asked
18 September 2024
Member
Portfolio
State and Industry Development, Jobs and Trade
QuestionView source ↗
STRATEGIC INDUSTRIES
FUND
1129. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I refer to the budget announcement
of $500 million for a strategic industries fund to unlock development in 13 strategic
industrial areas and to my question without notice 674 of 12 June 2024.
(1) Has funding
allocation of the $500 million fund been finalised; and, if so, what specific
funding allocation has been apportioned across each of the 13 SIAs?
(2) What are the
determining factors and financial matrix to required outcomes applied to arrive
at each of the funding apportionments?
(3) Was there
metropolitan SIA versus regional SIA funding weighting in distributing and
allocating the SIF, and how was this weighting applied and calculated?
(4) How are the state's 13 SIAs prioritised
against each other, and what specific ranking criteria are administered in the prioritisation process?
(5) How much of
the fund will be directed to providing key and desperately needed services of
roads, water, wastewater and power to the Kemerton SIA?
The PRESIDENT : Honourable
member, speaking faster does not make the question shorter.
FUND
1129. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I refer to the budget announcement
of $500 million for a strategic industries fund to unlock development in 13 strategic
industrial areas and to my question without notice 674 of 12 June 2024.
(1) Has funding
allocation of the $500 million fund been finalised; and, if so, what specific
funding allocation has been apportioned across each of the 13 SIAs?
(2) What are the
determining factors and financial matrix to required outcomes applied to arrive
at each of the funding apportionments?
(3) Was there
metropolitan SIA versus regional SIA funding weighting in distributing and
allocating the SIF, and how was this weighting applied and calculated?
(4) How are the state's 13 SIAs prioritised
against each other, and what specific ranking criteria are administered in the prioritisation process?
(5) How much of
the fund will be directed to providing key and desperately needed services of
roads, water, wastewater and power to the Kemerton SIA?
The PRESIDENT : Honourable
member, speaking faster does not make the question shorter.
AnswerView source ↗
I thank the honourable member for
some notice of the question.
(1) Please refer to Legislative
Council question without notice 674 answered on 12 June 2024.
(2)–(4) The
strategic industries fund will be allocated to align with the government's
priorities to drive major job-creating hubs, fast-track clean energy and major
industrial projects, promote diversification, and develop a strong future
economy for Western Australia.
(5) See (1).
some notice of the question.
(1) Please refer to Legislative
Council question without notice 674 answered on 12 June 2024.
(2)–(4) The
strategic industries fund will be allocated to align with the government's
priorities to drive major job-creating hubs, fast-track clean energy and major
industrial projects, promote diversification, and develop a strong future
economy for Western Australia.
(5) See (1).
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