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    Coat of ArmsMedia Release
    Deputy Premier, Minister for State Development, Infrastructure and Planning
    The Honourable Jeff Seeney

    New resources code to benefit local businesses

    Deputy Premier, Minister for State Development, Infrastructure and Planning
    The Honourable Jeff Seeney

    Thursday, March 21, 2013

    New resources code to benefit local businesses

    A new code of practice will see more major resources projects engage local industry suppliers, Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney announced today.

    Queensland Resources Council (QRC) has introduced a Local Content Code of Practice for resources and energy projects, with APPEA’s support, to take effect immediately. 

    Mr Seeney said the Code would be owned, led and managed by industry and focussed on ‘full, fair and reasonable’ access for local industry in all aspects of their projects.

    “The benefits to Queensland’s economy of resources and energy investments are potentially huge – the pipeline of projects for environmental approval alone is worth a forecast $71 billion, plus $56 billion in LNG investment already approved,” Mr Seeney said.

    “But the maximum benefit depends on Queensland companies and workforce getting access to major project opportunities.

    “Resources projects need practical strategies to engage local industry if they are going to secure enduring community support, deliver projects effectively and maximise benefits for Queenslanders.

    “We asked QRC to lead a process in partnership with the Australian Petroleum Production and Exploration Association (APPEA) to establish a more effective, collaborative approach.

    “Our shared aim is to see project proponents commit to engaging proactively with capable local suppliers.”

    The Code asks proponents to adopt practical local content strategies to make sure there is early engagement with Queensland industry, and inclusive procurement practices and provides for guidance and support for proponents to deliver effective strategies.

    It establishes an implementation framework, and a group of industry stakeholders including suppliers to monitor and refine delivery. Importantly, the Code also provides a means to assess progress and report outcomes publicly.

    Mr Seeney said project proponents would benefit directly from taking ownership of local content principles.

    “Wherever local companies rise to the challenge, there’s an opportunity for long-term local supply solutions to their needs,” he said. 

    “The Newman Government will do its part in promoting adoption of the Code, in supplier education and helping to position local industry to tender successfully.

    “The Government will watch closely how it is adopted and the outcomes it achieves, but I am confident of a positive and practical response from all involved.

    “The Code’s principles and its framework for practice have the potential to secure real benefits for Queensland.”

    [ENDS] 21 March 2013

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