SMaRT supports new NSW Trade and Investment Strategy

UNSW SMaRT Centre DIrecto9r, Prof Veena joined the Investment NSW leadership team and the NSW Minister for Industry and Trade, The Hon. Anoulack Chanthivong MP for the recent launch of the NSW Trade & Investment Strategy 2035. 

SMaRT has over many years been a supporter of the NSW Government and Investment NSW - such as this recent bilateral partnership within India - and now also for this 10-year NSW Trade & Investment Strategy with specific targets to grow and diversify the NSW state’s export sectors, attract investments, and strengthen local NSW industries.

This strategy also supports the NSW Industry Policy that focuses on advancing the NSW Government's strategic priorities across Housing, Net Zero & Energy Transition, and Local Manufacturing.

Some of the Key targets as part of the strategy include: 

  • Increasing NSW exports by $100 billion to $245 billion by 2035
  • Increasing the diversity of NSW’s export markets
  • Increasing the diversity of NSW’s export products
  • Supporting 10,000 businesses over 10 years to grow and export into new markets
  • Supporting the creation of 30,000 direct full time equivalent jobs through NSW Government investment attraction activities
  • Attracting $25 billion in investment to NSW, with $17.5 billion into the Industry Policy missions.

For more information on the NSW Trade & Investment strategy, please see the link - https://lnkd.in/gRdbdd3x.

NSW trade launch pic 1



Also attending the launch event were several successful NSW based businesses scaling globally, International Consular Corps, Investment NSW leadership and NSW Trade Commissioners representing various global regions and Emily Suvaal MLC, the Parliamentary Secretary for Trade and Small Business.

Veena shared her vision for a sustainable future, highlighting the importance of creating a circular economy and how using waste as a resource must be at the centre of our manufacturing future and innovative decarbonisation efforts, in collaboration between researchers and industry.

She highlighted that using innovations such as UNSW SMaRT Centre's recycling and MICROfactorieTM technologies that recover valuable materials from waste and reform them into new manufacturing feedstock and products through collaborators, are central to help achieve the sustainability needed for the future.