MIDCOAST Business Chamber is working in conjunction with MidCoast Council to continue to boost the region’s economic growth.
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The collaboration is focusing on supporting existing economic strengths, identifying and implementing high priority regional projects and communicating the process.
Speaking at a meeting with the Business Chamber last week, Council’s Community Spaces and Services Director Paul De Szell said each of the MidCoast communities has a distinct culture.
“Maintaining what we have is our priority and the employment opportunities are the key drivers,” he said.
According to the National Institute of Economic and Industry Research, 6,537 businesses operate in the MidCoast region, which has a Gross Regional Product (GRP) of $3.27 billion.
Health Care and Social Assistance is the largest employment sector, accounting for 18.5 percent of the 31.549 local jobs, followed by 13.6 percent in Retail Trade, and 10.1 percent in Accommodation and Food Services.
According to Council, an average of 2,737 visitors stay in the region each night, accounting for 19 percent of the GRP.
MidCoast Business Chamber Vice-President John Sahyoun said the collaboration is about “big picture issues” across the entire region.
“We want to market our region to encourage greater tourism and look for further opportunities to expand across all sectors,” he said.
“Each community in the MidCoast region is part of a larger puzzle, and it is about bringing all the pieces together to maximise our economic potential.”
MidCoast Business Chamber President Graham Brown said they will be working with all levels of Government to ensure the best outcomes for the region.
“Advocacy will be 99 percent of our role,” he said.