The Regional Development South Australia (RDSA) Regional Blueprint 2023 delivered last week reveals a $62.56b regional investment pipeline, including within the Limestone Coast.

The state-wide regional investment pipeline is published annually by RDSA and compiles the investment intentions of the public and private sectors over the next five-year period.

This year’s calculations involved assessments of more than 1000 proposed projects.

Private sector investment intentions represent a far greater share of the investment pipeline, at $48.5b, compared with public sector investments of $14.1b.

Analysis of these projects reveals the proposed capital expenditure is focused in the areas of agriculture, mining, manufacturing, infrastructure and electricity generation.

Significant investment opportunities in the Limestone Coast have been identified in the areas of renewable energy, tourism, healthcare and social assistance.

Minister for Primary Industries and Regional Development Clare Scriven said the blueprint was a valuable resource for all stakeholders involved in supporting regional economic growth and development.

“The $62.56b regional investment pipeline represents incredible opportunities for regional communities across a range of industries,” she said.

“The State Government recognises these opportunities and that is why we have invested in policies and programs which facilitate regional growth and development, including $15m annually in the Thriving Regions Fund, $10.2m to establish the Regional Skills Development Fund, $3.5m over five years for a dedicated Office for Regional Housing.

“Ongoing delivery of regional investment will continue to be driven by collaboration between federal, state, and local governments, in addition to businesses, peak bodies and the RDA network.”