Local Industry Policy for major projects
If you are involved with major project work in Queensland, or want to get involved, you may need to know about the Local Industry Policy.
Under the policy, small- to medium-sized businesses are required to be given a fair opportunity to be considered for major government-funded infrastructure and resource-based project work. Project owners, known as project proponents, have a responsibility to ensure the policy applies to the entire supply chain and are required to develop a local industry participation plan.
The policy aims to boost Queensland's economy and provide local businesses with a full, fair and reasonable opportunity to participate. Communities can also benefit from major projects occurring in their regions. Since its introduction, Queensland manufacturers have won over $5 billion in contracts, with approximately $1.4 billion going to regional firms.
Businesses supplying to major projects can also benefit from adopting new technologies and processes to meet global benchmarks and compete for international business.
Project proponents have opportunities to deal with globally capable and competitive local businesses and to contribute to the local community. This guide will help you understand and comply with your obligations under Queensland's Local Industry Policy.
