Re­gions pool in­vestor data

Pilbara News - - News - Tom Zaun­mayr

A one-stop shop for in­vest­ment has been launched by three of WA’s Re­gional De­vel­op­ment Aus­tralia of­fices to pitch big-ticket projects to na­tional and in­ter­na­tional in­vestors.

The Mid and North West­ern Aus­tralia In­vest­ment Port­fo­lio was launched in Perth last week in front of a crowd of more than 140 par­tic­i­pants, in­clud­ing for­mer deputy prime min­is­ter War­ren Truss.

The port­fo­lio is a col­lab­o­ra­tion of work be­tween the Mid West-Gas­coyne, Pil­bara and Kim­ber­ley RDA of­fices in an at­tempt to pull all in­for­ma­tion needed for po­ten­tial in­vestors into one place.

RDA Pil­bara chief ex­ec­u­tive Diane Pentz said the re­port had been adapted from the pre­vi­ous one done in 2012 to suit the cur­rent eco­nomic cli­mate.

“The idea is to show­case some cred­i­ble and vi­able fi­nan­cial op­por­tu­ni­ties for in­vest­ment across th­ese four re­gions,” she said.

“In­vestors can have a look at what in­vest­ment op­por­tu­ni­ties are avail­able, what the reg­u­la­tory path­ways are, and what’s hap­pen­ing in terms of the en­abling en­vi­ron­ment from State and Fed­eral gov­ern­ments.

“The idea of this is to get money on the ground. There are some fan­tas­tic projects in there.”

Mrs Pentz said the port­fo­lio pre­sented op­por­tu­ni­ties for in­vestors to then go and do their “due dili­gence”.

The doc­u­ment in­cludes reg­u­la­tory path­ways and re­quire­ments, some­thing Mrs Pentz said was a first for the re­gion.

Du­rack MHR Melissa Price said the port­fo­lio was an “ex­cel­lent” over­view of in­vest­ment po­ten­tial in the Mid and North West.

Ms Price said the port­fo­lio was a step in the right di­rec­tion for col­lab­o­ra­tion in re­gional WA.

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