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Media Release

Senator the Hon Ian Macdonald
Parliamentary Secretary to the
Minister for the Environment

GOLD COAST TO BENEFIT FROM ENVIRONMENTAL TECHNOLOGY


14 June 1998

The Gold Coast region stands to benefit from increased job opportunities that will flow from a package of Government assistance aimed at helping environmental technology industries.

The Parliamentary Secretary for the Environment, Senator Ian Macdonald said this at the 2nd Asia-Pacific Conference on Sustainable Energy and Environmental Technology (APCSEET 98) being held on the Gold Coast.

"The Howard Government is offering $61.4 million of direct financial support spread over five years for three new programs that will encourage the long-term investment in environmental industries.

"There are many high tech industries that are based on the Gold Coast and they stand to benefit from the Government's thrust into technology development by being able to access funding that will assist their expansion into new areas.

"There are three new programs, a Renewable Energy Investment Fund, a Renewable Energy Showcase Program and a Renewable Energy Technology Commercialisation Program, which allow local companies to expand and employ more staff in the area of environmental technology.

"The lifestyle and climate of S.E. Queensland has already attracted scientists, investors and entrepreneurs to the Gold Coast region and the potential for new environmental technology industries is limitless.

The Federal Governments programs to assist environmental technology will add to the attractiveness of the region," Senator Macdonald said.

ENDS
14 June 1998
For more information contact Philip Connole (07) 4771 3066 or 0417 063 605

Senator Macdonald will open the Conference at 9am Today, 15 June at the Tindarra Room ANA Hotel.

Commonwealth of Australia