Council grows investments and jobs in the city
Published: 01 Aug 2017
Logan City Council’s commitment to growing investments and jobs has resulted in a year-on-year increase in the city’s Gross Regional Product (GRP).
In 2016-2017, GRP grew from $10.354 billion to $11.243 billion, and from $37,206 to $40,435 per capita GRP.
Over the same period, Logan’s unemployment rate dropped from 7.2 percent to 5.6 percent, while the number of registered businesses in the city increased by almost 900.
The positive economic outlook was highlighted in the latest report card for Council’s four economic development strategies: Local Connections, Global Connections, Industry Development and Investment Attraction, and Tourism Investment Attraction.
City of Logan Mayor Luke Smith said the four strategies had delivered $79.3 million in investments and 424 jobs during the 2016-2017 financial year.
“These are great results that demonstrate how Council’s focused economic development strategies can create positive outcomes for our city,” Mayor Smith said.
“We’re continuing to do what we can to attract investments and jobs in Logan so people can work where they live.”
City Image Chairperson, Cr Laurie Smith, said more people were becoming aware of the advantages of doing business in Logan.
“These figures show that businesses throughout Logan, the nation and the rest of the world are seeing the benefits of investing in our city,” Cr Smith said.
Highlights of the strategies include:
- working with three local Chambers of Commerce to deliver three events featuring high profile speakers in the city
- working with state and federal partners to deliver a range of business workshops and forums such as events for transport and logistics and manufacturing, assisting local businesses in international export opportunities;
- advocacy to support the State Government’s allocation of $3 million to upgrade the Daisy Hill Koala Centre and bushland area for tourism.
Council also delivered the successful launch of the loganjobs.com.au online hub and led economic recovery activities in the aftermath of ex-Tropical Cyclone Debbie, providing support to local business and farmers affected by the floods.
Council’s economic strategies in focus:
The Local Connections Strategy includes engaging with Logan’s major and regional businesses, providing support services to small businesses, and communicating with the local business community.
The Global Connections Strategy aims to attract national and international investments, build Logan’s Sister City relationships, and identify export opportunities for local business.
The Industry Development and Investment Attraction Strategy has a focus on supporting the growth and capability of existing businesses and highlighting the City of Logan’s advantages as an investment location.
The Tourism Investment Attraction Strategy targets strategic interventions specifically required to develop tourism and encourage tourism investor confidence in Logan.
For more information, visit http://www.logan.qld.gov.au/about-logan/economic-development