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Question and Answer Tracking Details

7341 - Premier - NSW TRADE AND INVESTMENT ACTION PLAN 2017-18

Mookhey, Daniel to the Special Minister of State, and Minister for the Public Service and Employee Relations, Aboriginal Affairs, and the Arts representing the Premier

(1) The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to grow investment from $4.3 billion to $8 billion by 2020:

(a) What was the investment value in 2020?

(i) If not $8 billion, why was the target not met?

(2) The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to grow financial services exports from $3.2 billion to $4.5 billion by 2020:

(a) What was the value of financial services exports in 2020?

(i) If not $4.5 billion, why was the target not met?

(3)  The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to grow exports from food and fibre from $7.4 billion to $10 billion by 2020:

(a) What was the value of food and fibre exports in 2020?

(i) If not $10 billion, why was the target not met?

(4) The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to grow the international education sector from $7.2 billion in 2015 to $9 billion by 2020 and return market share of international education in NSW to 38.9 per-cent:

(a) What was the value of the international education sector in 2020?

(i) If not $9 billion, why was the target not met?

(b) What was the market share of international education in NSW in 2020?

(i) If not 38.9 per-cent, why was the target not met?

(5) The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to double MedTech exports to Asia from $362 million to $620 million by:

(a) What was the value of MedTech exports in 2020?

(i) If not $620 million, why was the target not met?

(6) The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to create 15,000 investment-related jobs per annum by 2020:

(a) How many investment-related jobs were created in 2019?

(b) How many investment-related jobs were created in 2020?

(i) If not 15,000 per annum, why was the target not met?

(7) The “Competing Globally: NSW Trade and Investment Action Plan 2017-18” included a target to have more than 16,000 Small and Medium Enterprises (SMEs) exporting and have New South Wales businesses exporting $80 billion worth of goods and services by 2020:

(a) How many SMEs in New South Wales were exporting in 2020?

(i) If not 16,000, why was the target not met

(b) What was the total value of goods and services exported by New South Wales businesses in 2020?

(i) If not $80 billion, why was the target not met?

(8) What is the status of the Interagency Steering Committee established in April 2016 and referred to in the “Competing Globally: NSW Trade and Investment Action Plan 2017-18”?

(a) How often does/ did the Interagency Steering Committee meet to review progress against the objectives and targets contained in the “Competing Globally: NSW Trade and Investment Action Plan 2017-18”?

(b) When was the last review undertaken by the Interagency Steering Committee?

(i) What was the outcome of that review?

(9) What is the status of the NSW Investment Handbook referred to in the “Competing Globally: NSW Trade and Investment Action Plan 2017-18”?

(a) When was the handbook drafted?

(b) Which Government departments have received a copy of the handbook?

(c) When was the handbook last updated?

(10) What is the status of the “competitive positioning platform for Sydney” referred to in the “Competing Globally: NSW Trade and Investment Action Plan 2017-18”?

(a) What is the status of the digital strategy that was to be prepared concurrently with the competitive positioning platform?

(b) What communication tools were implemented to provide public and private sectors consistent communication about Sydney as a leading global city?

Answer -

I am advised:

This is a matter for the Deputy Premier, and Minister for Regional New South Wales, Industry and Trade.

Question asked on 30 August 2021 (session 57-1) and published in Questions & Answers Paper No. 573
Answer received on 20 September 2021 and published in Questions & Answers Paper No. 588