25% Growth in Regional Investment

NewsMedia Release
Regional Investment growth of 25%

From 2022 to 2023, Regional Development Australia Murraylands and Riverland (RDAMR) has recorded a 25% increase in the region’s investment pipeline.

The investment pipeline forecasts private and public infrastructure project investments that support our communities and businesses to live well and prosper.

Pipeline projects range from the proposed $700 million Palmer Windfarm and other energy projects like Project EnergyConnect (the SA-NSW electricity interconnector), to road projects like the Truro Bypass, along with housing and worker accommodation developments, and sport, recreation, arts and community facilities.

Every quarter, on behalf the Department of Primary Industries and Regions SA (PIRSA), RDAMR updates the Murraylands and Riverland (MR) investment pipeline. The total pipeline figure is collated annually alongside all seven regional SA RDAs by RDA Adelaide, with the 2023 totals reported in the Regional Development South Australia (RDSA) Regional Blueprint 2023.

The 2023 RDSA Blueprint reveals a huge $62.56 billion regional investment pipeline, a substantial increase on the $44.6 billion calculated in 2022, that includes more than 1,000 proposed projects. Outside of the Eyre Peninsula’s massive increase in hydrogen energy investment, the Murraylands and Riverland region recorded the highest increase in investment from 2022 to 2023.

Julie Bates, RDAMR Director Business Development said, “Since 2020, RDAMR has worked with State and Local Governments and private investors to increase the Murraylands and Riverland pipeline from $1.1 billion to the 2023 figure of $2.98 billion, almost trebling the capture of investment across our region. In 2023, we started recording potential job creation from these investments, equating to a staggering 9,500 jobs!”

Projects in the Murraylands and Riverland pipeline include:

  • Around $555 million from public investment and $2,434 million from private investment
  • Almost 62% of total investment is in the ‘energy, gas, water and waste services’ sector
  • Just over 50% are in the planning stage, with just under one third of projects already commenced
  • Over 40% are expected to be completed within 2-4 years, and just under 40% in 12-24 months.

Jodie Hawkes, RDAMR Chair said, “Despite the significant challenges faced by our world since COVID-19 in early 2020, and by our region with loss of access to wine markets and with recent floods, we continue to see investment in our region grow. The Murraylands and Riverland (MR) Plan, developed in partnership with the MR Landscape Board and the MR Local Government Association with over 550 participants (each contributing an average of seven hours to the process), identified that our region is resilient, especially if we continue to focus on key priorities: Together Community; Prepared and Proactive; Productive and Collaborative; and Leadership in Action.”

“We continue to progress the MR Plan through initiatives such as the Regional Leadership Development Program (RLDP) that will support around 100 participants to develop their leadership skills, ensuring more Leadership in Action for our region and continued growth in our regional investment pipeline.”

There are only a few more opportunities to get involved in this heavily subsidised program (thanks to funding support from PIRSA), run by expert leadership trainers, the Leaders Institute of SA:

  • 1-Day Program ($20 pp): Tuesday 17 October at the Mannum Motel “The Barn” – 9.00am to 4.30pm
    • TOPIC: Succession planning begins with good governance
      • Join us to explore how good governance practices and a thoughtful succession process can ensure your organisation or committee’s sustainability.
  • 1-Day Program ($20 pp): Tuesday 7 November at the Berri Tafe SA Campus – 9.00am to 4.30pm
    • TOPIC: Leading people through change and culture
      • This workshop is designed to equip you with essential skills and insights to thrive in today’s fast-paced and ever-changing work environment.
  • 3-Day Program ($90 pp): Friday 3 November (Lameroo Sports Centre), Friday 10 November (Karoonda Football Clubrooms), and Friday 1 December (Bridges Event Centre, Murray Bridge).
    • Day 1 TOPIC: Leading in challenging times
      • The problems facing communities are more complex than ever – how do we make progress on challenging problems and lead diverse groups with conflicting priorities?
    • Day 2 TOPIC: Working together for better outcomes
      • Explore the adaptive elements of group and meeting management within group structures, and establishing and maintaining successful partnerships.
    • Day 3 TOPIC: Powerful communication
      • Develop key strategies to understand your values, engage with others, design impactful communications and presentations, and present powerfully.

Progress on the MR Plan and experiences from RLDP participants will be showcased on 21 November 2023 at Monarto Safari Park, when RDAMR launches its RDAMR Strategic Direction 2023+.

More on this event to come … but if you can’t wait to find out more about our region’s investment pipeline, the Regional Leadership Development Program or the launch event, get in contact with RDAMR at info@rdamr.com.au.

Media contacts:
Ben Fee – Chief Executive | M: 0407 327 249 | E: bfee@rdamr.com.au

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