Page 1768 - Week 09 - Tuesday, 17 October 1989
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and Voss about the content of the deed of agreement and how it can discharge offsets obligations in the ACT.
Blohm and Voss recognises the strategic importance of a Canberra location for access and proximity to decision makers, but unlike other companies who have maintained offices in the ACT until they have secured a contract, Blohm and Voss will make Canberra the design centre for the $3.5 billion program.
The project is expected to bring about $100m worth of work to Blohm and Voss and $100m to other high-technology software companies based in Canberra such as Scientific Management Associates, C3 and Computer Services Australia.
As Blohm and Voss and other local companies expand to meet the requirements of the frigate project, they will also be in a position to seek out other contracts. This will lead to further growth in Canberra's high-technology sector with consequent economic and employment benefits.
My department is also maintaining contact with Blohm and Voss to assist it to further establish links with local firms. Discussions have also commenced on how Blohm and Voss could maximise the opportunities to market and represent ACT interests world-wide and to link ACT interests with overseas technology and capital.
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