Vic transport industry: comment sought
Victorian Government white paper seeks input on transport equipment industry to maintain and boost the sector's healthThe Victorian Government has released a discussion paper that examines potential pathways to ensure the transport equipment industry continues to be a "vibrant contributor" to the state's economy.
The Victoria's Future Industries, Transport Technologies Discussion Paper seeks to examine the health and future prosperity of the state's car, train, tram, plane, RV, boat, truck and trailer industries, and explore ways to see these sectors thrive in an increasingly globalised and technology-driven world.
"Now, Victoria's transport equipment sector must evolve to prosper or face decline," says the paper's introduction.
The paper is a small part of the Victorian Government's $200 million Future Industries Fund, which focusses on maximum growth and opportunities across six areas: medical technologies and pharmaceuticals; new energy technology; food and fibre; transport, defence and construction technology; international education; and professional services.
The paper identifies that 60 per cent of trucks built in Australia are manufactured in Victoria, along with 16 per cent of buses. In addition to employing a local workforce, manufacturers such as Kenworth and Iveco in turn rely on many local components suppliers.
The paper identifies the following main opportunities and challenges:
>> The effects of scale: high-value manufactured products can offset the effects of small-scale production
>> Strengthening the industry through collaboration, innovation and diversification: fostering relationships can support business growth
>> Implementing best practices: boosting productivity through supply chain management and lean manufacturing
>> Harmonise standards and regulation: overcoming technical and regulatory impediments
>> Industry workforce skills and training: capitalising on Victoria's educational and training system
>> State procurement as a catalyst: government stimulus through investment in public transport
Consultation is being undertaken by Victoria's Minister for Public Transport, Jacinta Allan, and the Minister for Industry, Lily D'Ambrosio, with the deadline for comment falling at 5.00pm on Friday, January 22.
Click here to view the discussion paper.
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