Last Friday, the region took a significant step towards economic diversification with the launch of A Revenue Diversification Strategy Report from The Greater Whitsunday METS Sector.
This strategy proves to be a crucial component of the Decarbonisation Accelerated Project and was developed under the leadership of Greater Whitsunday Alliance (GW3) and the Resources Centre of Excellence (RCoE).
The launch held at Field Mining Services Group in Paget, brought together key industry leaders and stakeholders to discuss the region's future.
Greater Whitsunday Alliance Chief Executive Officer Kylie Porter emphasised the importance of the strategy in leveraging the region's vast Mining Equipment, Technology and Services (METS) sector.
“We know that this region has the biggest density of METS businesses in the southern hemisphere,” Porter said.
“What it really demonstrates to us is that there are many new emerging industries that are ideally aligned to our regional strengths and capabilities."
The report identified seven industries primed for growth, including critical minerals, renewables, bioenergy, biomanufacturing and aerospace. These sectors present opportunities for METS businesses to diversify their revenue streams and secure their futures as global demand for sustainable solutions increases.
Field Mining Services Group General Manager, Tony Liddelow, expressed his excitement about the region's potential.
"Our unique selling point has been our desire to take the risk away from our customers," Liddelow said.
"It’s really exciting to see what’s happening in our backyard and it’s given our directors a lot of confidence to invest."
Dean Kirkwood, General Manager of Resource Industry Network (RIN), backed these statements by commenting on the importance of the strategy for the region's prosperity.
"We see it as something absolutely necessary for us to thrive and ensure that we remain prosperous into the future," Kirkwood stated.
With over 40 stakeholders involved in its development, the strategy sets a clear path for the Greater Whitsunday region to embrace economic opportunities, power its workforce and champion change for generations to come.
Visit www.greaterwhitsundayalliance.com.au for further information.
Key industry leaders and stakeholders gathered at Field Mining Services Group in Paget last Friday for the launch of the Greater Whitsunday METS Sector - A Revenue Diversification Strategy. Photo credit: Hannah McNamara
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