REDS reaches its second anniversary
  • Thursday 24 September 2015

Mayor Mark Jamieson has marked the second anniversary of the launch of the Regional Economic Development Strategy by highlighting the positive difference it has already made to the Sunshine Coast.

Sunshine Coast Council collaborated with leading business and industry organisations, the University of the Sunshine Coast and the Queensland Government to develop the strategy which was released by Mayor Jamieson on September 24, 2013.

The Regional Economic Development Strategy provides a 20-year vision and blueprint for the region’s economy and generating prosperity for the community.

Mayor Jamieson said that the Sunshine Coast was now taking a leading position as a major urban and economic centre in Australia.

“We have come a long way in two years and we are seeing the results,” Mayor Jamieson said.

“On this second anniversary of the Regional Economic Development Strategy (REDS), I’m happy to report that more than half of the actions that have been assigned to Council in the first five-year implementation plan have been implemented and/or are ongoing in nature.

“The Sunshine Coast is now out performing most regions nationally and doing some things that are truly nation-leading, such as getting on with Australia’s only green field CBD at Maroochydore and our application for a cable protection zone so we can encourage the private sector to deliver an international broadband submarine cable connection to the Sunshine Coast”.

Independent reports show that the region is:

     - Rated as the second highest performing non-capital city economy in 2015-2016 (State of the Regions report);

     - Experiencing the highest level of business confidence of any region in Queensland;

     - Recording record increases in international and domestic visitor numbers, with the highest growth in international visitors of anywhere in Queensland.

“We are seeing the enormous values of having a clear blueprint for the economy,” Mayor Jamieson said.

“We are shaping a future for our community that is balanced in every way and encouraging the private sector to invest and deliver jobs for today and those that will be in demand tomorrow.

“We have some of Australia’s leading development and investment opportunities and more than $10 billion committed or in the pipeline in major public and private investment in the region.

“This is a sure sign of growing confidence in our economy and our future – which is part and parcel of why we put the Regional Economic Development Strategy in place.

“The private sector is certainly responding well to the clarity of our economic blueprint, with Council approving development applications with a potential value of $1.18 billion in the last financial year and major companies like Youi deciding to make the Sunshine Coast their global headquarters.

“The employment opportunities that will emerge from this investment will help to strengthen our region’s economy and enable more young people to stay on the Coast and pursue a meaningful career.

“And at the end of the day, our community will be the real winner with access to more jobs and a greater range of services that meet their needs.

“Importantly however, we are doing this with a clear focus on maintaining our outstanding lifestyle and leading environmental credentials so that our residents continue to be able to live in one of the most beautiful places in Australia.”