Page 1569 - Week 05 - Thursday, 11 April 2013

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a. Translation and printing of industry facts (English and Chinese language versions), $9,321.55.

b. Later reprint of 2,000 English language versions of general Prospectus, $12,700.64.

c. Carry bags and folders, $2,660.

d) Distribution target: Companies in early stage of new investment decision making (potentially local, national and international businesses), business research providers to the investment community, investment facilitator organisations such as lawyers, accountants, business advisors.

e) Print run, 4,000 in total English language, 1,000 Chinese Language of Prospectus. 2,000 in total English language fact sheets, 1,000 Chinese language fact sheets.

f) Investment leads generated: A Prospectus is a high level general selling and positioning tool. It is not a lead generation device. The Directorate has not attempted to capture information at this level.

(3) The ACT Government will not be producing an investment prospectus in the 2012-13 financial year, in the format that has been used in the past. Decisions on investor engagement material going forward – either printed or on-line format – have not been finalised.

Previously, the ACT Government investment prospectus has been a high level document that aligned with a broadly focussed, non-dedicated investment attraction approach. Growth, Diversification and Jobs – A Business Development Strategy for the ACT, was announced by the Government in April 2012 and included the development of a dedicated investment facilitation function, InvestACT. As a result, the ACT investment strategy for the future will be based around more targeted approaches. To achieve that, it is necessary to produce marketing collateral that is tailored to the information needs of specific investor types. Accordingly, collateral is likely to be heavier on detail for the investor and more relevant to the investments they are considering.

Transport—light rail
(Question No 66)

Mr Coe asked the Minister for Territory and Municipal Services, upon notice, on 14 February 2013 (redirected to the Minister for Environment and Sustainable Development):

(1) In relation to the Government’s commitment to construct light rail, what is the expenditure to-date, broken down by financial year, on external sources including consultancies, reports and studies.

(2) What is the internal expenditure to-date, broken down by financial year, on internal sources and the number of public service staff working on the project and in what agencies.

(3) What is the timeline for the decision making and construction progress.

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