Department of Trade, Business and Innovation strategic directions 2017 to 2021

The Department of Trade, Business and Innovation aims to make the Northern Territory a vibrant and resilient economy for all Territorians. Its plan to grow private investment and create jobs is outlined in its strategic directions.

Strategic directions 2017 to 2021 outlines how the department plans to:

  • support a globally competitive investment environment
  • grow local workforce and business capability
  • facilitate a pipeline of diversified investments
  • connect business and government across industries and regions
  • achieve excellence in our own business.

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DTBI strategic directions 2017 to 2021

Vision: A  vibrant and resilient economy for all Territorians

Purpose: Grow private investment and create jobs

Goals

  1. Support a globally competitive investment environment
  2. Grow local workforce and business capability
  3. Facilitate a pipeline of diversified investments
  4. Connect business and government across industries and regions
  5. Excellence in our own business.

Outcomes

  • Increased private investment
  • More jobs
  • A more skilled workforce
  • Average 5% growth rate in gross state product
  • Strong consumer and business confidence
  • More Aboriginal Territorians in jobs and running businesses
  • Increased business productivity
  • Increased number and size of businesses
  • Increased trade
  • Improved evaluation and evidence based decision making
  • Strong staff engagement
  • Strong client satisfaction
  • Deliver on time and budget.

What we will do

  • Support accelerated growth of priority industry sectors
  • Lead the strategic engagement and policy agenda for Developing Northern Australia
  • Develop the Territory’s capability to support defence and other national security interests
  • Partner to implement the economic development framework
  • Attract and facilitate private sector major investment projects
  • Deliver a pipeline of government facilitated investment projects
  • Shape enabling regulatory environments
  • Strengthen government and major project procurement activities to grow local industry capability and Aboriginal participation
  • Position the Territory as the destination to live, work, visit, study, do business, trade and invest
  • Support businesses to innovate including entering new markets or expanding existing opportunities
  • Support and expand an ecosystem of creative, innovative and adaptive businesses, and the commercialisation of new products and services
  • Facilitate innovation and research partnerships
  • Maximise opportunities to increase buy local outcomes
  • Lead and implement energy policy and facilitate energy industry development
  • Drive integrated regional economic, business and workforce development plans
  • Deliver services to support business growth, capability and sustainability
  • Improve information to business
  • Partner with industry and business to increase trade, export and investment
  • Assist business to navigate the regulatory process
  • Streamline and improve systems, services and tools to optimise outcomes and the client experience
  • Support Territorians to gain the skills needed to participate in todays jobs and jobs of the future
  • Engage locally, nationally and internationally with strategic relationship partners
  • Enable a flexible and responsive vocational education and training system
  • Support employers to meet workforce demands through interstate and international workforce attraction and retention
  • Shape a progressive, innovative, agile and diverse department workforce
  • Strengthen decision-making through our governance system and improved data analytics
  • Support a strong and accountable leadership and performance culture.

Key priorities for 2019 to 2020

  • Deliver commitments of the Infrastructure strategy
    • commit to implementation of Northern Territory (NT) development  framework
    • review infrastrcuture contribution policy
  • Develop detailed business case for Darwin region future water supply and commence the NT strategic water plan
  • Develop targeted investment attraction and trade initiatives and plans
  • Benchmark business regulation and define a best practice model
  • Establish economic development framework phase two to focus on actions enabling development of priority industry sectors
  • Shape the Australian Government’s new five year northern Australia development plan
  • Enhance whole of government collaboration for investment attraction and facilitation
  • Deliver Territory space industry 2020 action plan
  • Develop industry strategies and / or market assessments for the following:
    • waste management
    • minerals
    • energy export
  • Develop the social and sustainable procurement framework
  • Publish industry and business guides about government procurement
  • Implement the procurement capability development framework
  • Strengthen government to government collaboration to prioritise and deliver significant NT projects and reforms
  • Continue to implement the outcome evaluation framework and enhance corporate reporting through the Strategic Reporting System
  • Deliver the gas action plan
  • Advance major projects including:
    • Ship lift and Marine Industry Park
    • Project Sea Dragon
    • Five mines in Central Australia
  • Apply the Local Jobs Fund to worthwhile investments
  • Deliver an investment attraction marketing strategy
  • Implement the NT Defence and national security strategy
  • Deliver strategies and programs to strengthen NT businesses
  • Invest in future skills programs and initiatives
  • Deliver the inbound worker strategy
  • Pursue service efficiencies in the Territory Business Centres
  • Support a quality vocational education and training system in the NT
  • Deliver the actions of the NT business innovation strategy
  • Deliver the international education and training strategy 2019 to 2025
  • Support locally driven projects in each region including:
    • Darwin and Alice Springs CBD revitalisation
    • Darwin City Deal
    • Gove Futures
    • Jabiru Futures
    • Barkly Regional Deal
  • Deliver the Aboriginal contracting framework
  • Deliver the Aboriginal economic development and jobs framework.

Values

Commitment to service Ethical practice Respect Accountability Impartiability Diversity

Last updated: 17 September 2019

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