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Victorian Chamber welcomes Statement on Advanced Victorian Manufacturing

The Victorian Chamber of Commerce and Industry today applauds the Advanced Victorian Manufacturing strategy launched by the Victorian Government, recognising the importance of this vital sector to the Victorian economy.

The Statement was developed by Victoria’s Advanced Manufacturing Advisory Council, of which Melbourne Chamber of Commerce Executive Director Dianne Smith is a member.

Victorian Chamber of Commerce and Industry Chief Executive Mark Stone AM said; “The Victorian Chamber welcomes the statement’s recognition of the importance of advanced manufacturing to Victoria’s continued economic growth and job creation” he said.

Melbourne Chamber of Commerce Executive Director Dianne Smith said the Council had worked collaboratively with industry to develop the Statement.

“Advanced manufacturing touches all Victorians, from the food we eat to the trains and trams we travel on. Doing all we can to make this sector as globally competitive as possible is vital if Victoria is to continue to be the home of cutting edge innovation and new product design,” she said.

The Statement outlines its vision, that ‘Victoria will be home to internationally competitive manufacturers creating value from design, engineering, data and services to grow economic opportunity and jobs for Victorians’.

To achieve this vision, the Statement outlines four key priorities to ensure Victoria benefits as it transitions from a sector dominated by automotive manufacturing to advanced manufacturing in a more diverse mix of industries. The priorities are:

1.       Prepare for jobs of the future

2.       Innovate to capture high-value manufacturing opportunities

3.       Build scale, capability and supply chain excellence

4.       Foster a globally competitive business environment.

“We support these priorities in full and look forward to working with the Government to implement the Statement, providing a voice for our many members in this sector,” Mr Stone said.

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