4.6: Internationalization and Exports

Pursuing internationalisation — increasing the export focus.

Other Information:

International business includes exports, foreign investment, and business and skilled migration, which are critical to economic growth and quality of life. Engagement in international business drives the international competitiveness of ACT organisations and companies. It keeps them at the forefront of innovation and helps them attract and retain world’s-best talent and provide employment opportunities for a skilled workforce. Internationalisation also broadens the industry base and creates a diversity of opportunities beyond the public sector. The ACT Government will continue to have an important role in the local export success of the business community. In the past, successive ACT governments have been involved in an array of initiatives—grants programs, trade missions, overseas offices, and mentoring and advisory service roles to individual firms. The key issues for the business community in these commendable initiatives are consistency, continuity and commitment to core functions and activities. The ACT Government will continue its strong support for export development, including some refinement of existing programs. It will lead and coordinate, bringing together local stakeholders and providers of services to the export community. The ACT Government is currently working on a new internationalisation strategy to combine these elements in a systematic approach to service delivery, one that will also introduce greater synergies with the government’s other internationalisation activities such as skilled and business migration, investment attraction and better use of our sister-city agreements.

Indicator(s):

Indicator:1

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