Government moves to establish new business advisory boards

1 July 2011

The NSW Government has begun the formal process to establish an export and investment advisory board and a multicultural business advisory panel.

The Director General of the NSW Department of Trade and Investment, Mark Paterson, said the two new bodies were both squarely aimed at stimulating economic activity across NSW.

"The export and investment advisory board will facilitate export development and help open doors to overseas markets. The multicultural panel, which will work with the export and investment advisory board, will harness NSW's cultural diversity, language skills and overseas links as part of the NSW Government's pitch for new business.

"These two new bodies will help to position NSW as a high-growth, internationalised and competitive economy."

Mr Paterson said the two new bodies, which would comprise experienced business, non-government and regional representatives, would provide the Government with high-level strategic and expert advice on trade and investment activities.

"Among the issues the export and investment advisory board will focus on are engaging with emerging markets; productivity improvements; identifying new technology opportunities; major project development and cross-sector economic issues.

"The multicultural business advisory panel will incorporate the activities of the existing NSW-Asia Business advisory Council, but with a wider geographic focus to also encompass emerging markets in the Middle East and South America.

"The new bodies are an opportunity to streamline and better co-ordinate the activities previously undertaken by several NSW advisory councils, including the NSW Manufacturing Council and the NSW Defence Industry Advisory Council."

Expressions of interest are sought for membership of the NSW Export and Investment Advisory Board.