Regional Economic Development Strategy

Council worked with leading business, industry and the Queensland Government to develop the Sunshine Coast - The Natural Advantage: Regional Economic Development Strategy 2013-2033[5952KB].

The strategy provides a 20-year vision and blueprint for sustainable economic growth to ensure the region actively participates in the global economy and delivers the lifestyle and opportunities for residents and businesses alike.

This strategy is the first of its kind for the Sunshine Coast. Regional business and industry leaders and council have created a bold plan and actions for a stronger economy for our region.

The plan will achieve four goals over the next 20 years:

 A$33 billion economy. Almost triple what is now 100,000 new jobs in high value industries 20% of goods and services produced for export Household incomes that exceed the Queensland average

 Our seven high value industries 

  • Food and Agribusiness
  • Aviation and Aerospace
  • Clean Technologies
  • Education and Research
  • Health and Wellbeing
  • Knowledge and Professional Services
  • Tourism, Sport and Leisure

Learn more about the strategy

 

Pathway plans: Building blocks for a smart economy

Building on the outcomes and achievements since 2013, the REDS Implementation Plan 2019-2023 prioritises further actions under five critical pathways:

  • Leadership, collaboration and identity: requires the collective sustained commitment and efforts of regional business, industry, community organisations and all levels of government.

  • Capital investment: outlines priorities that have been carefully identified and targeted to deliver significant economic and community benefits to the whole region.

  • High-value industries: continued focus on growing high-value industries will deliver further economic benefits across the region – from the rural hinterland to the urban coastal areas.

  • Local to global connections: will position the Sunshine Coast in key national and global markets as a competitive source of high-demand goods and services.

  • Investment in talent and skills: attract and retain skilled workers to support the growth of high-value industries.

Five-year action plans have been developed for each pathway, which will be reviewed and updated annually to ensure they remain responsive to the factors shaping our regional economy.

More information