Western Australia an ideal place to invest: Premier
4/9/03
Premier Geoff Gallop will use a high powered function in Sydney today to promote Western Australia as an ideal place to invest.
Armed with this week's national growth figures which showed WA was out-performing the rest of the nation, Dr Gallop will address the Economic Intelligence Unit CEO Forum.
The EIU comprises senior national and international corporate executives.
Dr Gallop will tell the forum that WA can build on its current strong performance to enter a new era of economic growth and prosperity.
"The conditions are now right for the State to take another leap forward building on our natural competitive advantages," Dr Gallop said.
"In key areas such as the trade and resource sector, defence and shipbuilding and tourism, WA has enormous opportunity and potential.
"The Government is also continuing to work hard on key priorities such as driving competition and providing infrastructure to fuel development."
Dr Gallop said given WA's location to the Middle Eastern and Asian markets, its strong economy and outstanding lifestyle, there was no better place to invest.
The ABS figures released on Tuesday showed domestic growth in WA rose by 3.7 per cent in the June quarter compared to a national rise of 1.2 per cent.
Premier's office: 9222 9475