Investment Roadmap 2030 and beyond - Latrobe City Council
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Investment Roadmap 2030 and beyond
Contents
Foreword 4
Latrobe City’s Vision 5
Latrobe City Snapshot 6
Industry and Community Profile 8
Current and
Future Trends 9
Alignment with Federal and State Objectives 10
Opportunities: Key Focus Areas 11
Industry-Led Education, Skills and Training 12
Advanced Manufacturing 13
Regional and Rural Health Innovation Hub 14
Circular Economy 15
Investment Priorities 16
This work is copyright. Apart from any use permitted
under the Copyright Act 1968 all rights are reserved. Initiating and Driving Change 17
The information in this document is correct as at the
date of publication but is subject to change. Please Implementation Roadmap 18
check the Latrobe City Council website
www.latrobe.vic.gov.au to make sure this is the latest
version. How can we help? Your team 19
To obtain this information in languages other than
English, or in other formats, please contact Latrobe City
Council on 1300 367 700.
Version 1: January 2021.
2 3
Foreword Latrobe City’s Vision
Latrobe City is a vibrant place to live, work and do business. 2030 and Beyond
At the heart of the Gippsland region, we are renowned for
Latrobe City is the heart of Victoria’s largest
engineering excellence through our mining and power industry.
region by GDP – Gippsland. Latrobe City provides
We are committed to harnessing the strengths and emerging
the vital hub and spoke networks in education,
opportunities in our City to create a diversified, prosperous local
health, financial, energy, advanced manufacturing,
economy and bright economic future for our region.
transport and logistics services that underpin
Latrobe City Council is committed to leading the community to a $16bn in GDP across Gippsland.
sustainable future through the diversification and development of
industry and businesses located in the municipality. Located 150 km east of Melbourne’s CBD, Latrobe City is one of the
most liveable regions in Victoria, known for its high quality health and
We are investment ready, and are looking for opportunities to education. Latrobe Regional Hospital is Gippsland’s specialist referral
partner with government, industry and business to strengthen and trauma centre and is one of the region’s largest employers with
Latrobe City’s role as a regional hub of innovation. The investment more than 1900 staff. TAFE Gippsland and Federation University offer
roadmap is a snapshot in time. We need to be agile enough to opportunities for further education and enhance our liveability.
reflect the dynamic nature of investment and the ever-changing
economic landscape, as has been demonstrated with COVID and Latrobe City boasts all the recreational and cultural facilities of a large
its’ impact on Australia and the world’s economy. diverse regional centre with the added benefit of being located near
Cr Sharon Gibson
Mayor some of the best tourist attractions in the state. Week to week there is
Latrobe City Council In this task, we aren’t starting from scratch. This investment always something different happening.
roadmap builds on our Economic Development Strategy, and
responds to and hopes to help implement existing Victorian Keystone assets
Government strategies, policies and commitments for the
Gippsland region. This investment roadmap is not a short term The region possesses a number of keystone assets, including:
plan, but rather a strategy to reposition and strengthen Latrobe
City with a look to 2030 and beyond.
Engineering and manufacturing
Power grid infrastructure
To deliver our vision for Latrobe City, we have identified four key skills
interconnected opportunities:
1. Industry-led education, skills and training Large regional hospital and
Large, ready workforce
airport
2. Advanced manufacturing
Steven Piasente
Chief Executive Officer
3. Regional and rural health innovation hub
Latrobe City Council 4. Circular economy. Water and land availability Tertiary education choices
Each of the opportunity areas summarise specific actions and
strategies for investment. They are naturally complementary,
allowing for multiple areas of growth and far-reaching benefits. Geothermal resources Affordable land
Latrobe City has a bright future, and we welcome you to contact
us to discuss how you can be part of an exciting future in Latrobe High speed internet
Strong transport connections
City. connectivity
These key skills and assets provide a solid foundation for additional
innovation to be brought into the region. Affordability and established
Cr Sharon Gibson Steven Piasente community infrastructure also enhance the city’s liveability, making it a
Mayor Chief Executive Officer great place to live and do.
4 5
Latrobe City
Snapshot Port of
Melbourne
Gippsland
Latrobe
Investment precincts
Hi-Tech precinct
Logistics precinct Aerospace
Food manufacturing precinct Precinct
Aerospace precinct
Latrobe City
Latrobe Regional • 1422m2
Hospital
• 150km east of Melbourne
Food • 1.5 hours drive from Melbourne
Essential infrastructure Manufacturing
Hi-Tech • Located on the Princes Highway
Power grid Precinct Precinct
Hydrogen Pilot (M1)
Water infrastructure Plant Project
Logistics • Most densely populated region
Regional airport Precinct in Gippsland
Large regional hospital • Four major towns:
• Moe/Newborough
• Morwell
• Traralgon
Federation
• Churchill
University
Gippsland Campus
Legend
Hospitals
Education institutions
Victoria rail line
Transmission
infrastructure (capacity)
Logistics precinct Businesses Industrial land
Hydrogen pilot plant 4289 (2017) • Available 915ha (2016)
Food manufacturing • Industrial zoned land
precinct 1685ha (2016)
6 7
Industry and Current and
Community Profile Future Trends
Latrobe City’s economic and demographic profile provides Global, national and local trends will underpin what
potential to unlock new opportunities. Sustained industrial economies will need to survive and thrive. Linking
growth has already set the path towards further innovation, investment to these trends will ensure relevant
and the city’s large, capable workforce will facilitate the opportunities are delivered, allowing wide economic and
move forward. community benefits to be realised.
Population Education Shocks to Post-COVID-19 Circular
74,612 (2017) University enrolments: 2,134 (2018) globalisation recovery economy
0.69% p.a. growth rate TAFE enrolments: 4,940 (2017)
The desire to increase The COVID-19 pandemic Transitioning from a linear
Certificate completions: 1,660 (2018)
domestic production has highlighted the need to a circular economy
has grown due to global to rethink the way we presents a significant
shocks, including the work and the structural opportunity to generate
COVID-19 pandemic. weaknesses in our secure jobs in Latrobe City.
economy.
Australia will look to local Latrobe City already has
supply chains to mitigate Disruption in the way we an emerging circular
against future shocks. work has led to renewed economy and has
Occupations and skills Economic output Areas such as defence interest in telework and potential to build on this
Process engineering GVA will be key focuses for decentralised government by harnessing renewable
Allied health $7.286 billion (2019) domestic production. services in regional areas. energy and embracing
Technical skills in energy opportunities to become a
It has also highlighted the bio manufacturing hub.
need to retool the health
industry, and has paved
the way for the increased
use of telehealth.
Innovation in healthcare
and associated equipment
Workforce Significant employers will be necessary moving
32,389 (2017) Health: 5496 employees forward to ensure health
Electricity, gas and water: 3,242 employees systems can efficiently
Education and training: 3,003 employees (2019) cope with increased
demand.
8 9
Alignment with Federal Opportunities:
and State Objectives Key Focus Areas
Latrobe City is committed to aligning its investment Latrobe City aims to focus on four interrelated focus areas to
opportunities with government objectives. This will ensure achieve its vision. The complementarities between these will
that wider values are recognised and that investment ensure benefits are catalysed in a range of industries and across
outcomes address the most appropriate needs. the community.
Business Self-reliance and Crisis
continuity diversification recovery
The aim to protect existing
businesses and the
workers they employ is
something that resonates
Global trends have shaped
a preference towards
domestic production and
supply chains.
Bushfires, flood, drought
and pandemics will
continue to affect Victoria
and the wider nation.
1
Industry-led education, Advanced
2
strongly with Latrobe City Preparation will allow skills and training manufacturing
Council. Investing in local Latrobe City to be better
innovation will help placed for the next
Enabling regional pave the way for a more unexpected crisis.
businesses to diversify self-reliant future, and Regional and rural Circular
and grow will strengthen further support business Supporting businesses health innovation hub economy
3 4
the economic foundation resilience. and communities with
of the city, allowing for appropriate prevention
greater innovation and strategies and resilience
collaboration to occur. infrastructure will be vital
for future economic and
social well-being.
10 11
KEY FOCUS AREA 1 KEY FOCUS AREA 2
Industry-Led Education, Advanced
Skills and Training Manufacturing
Latrobe City has a large pool of redeployable skills. The city Latrobe’s existing skills and assets provide a strong foundation
also has a significant education and training sector that has for creating a competitive edge in advanced manufacturing.
been aligned to industry needs and developing the skills for
the future.
The Gippsland Hi-Tech Precinct will be a Workers with strong technical skills are
centre for research, business incubation, ready to apply their knowledge in new
new product development, start-up areas. Access to these skills, as well
support, and education and training. as the readily available water within
It will support the growth of local industry Latrobe City, will allow advanced
and help in playing an important role in manufacturing to take off efficiently.
investment attraction by supporting the
expansion of the region’s growth sectors
– health, advanced manufacturing, new
energy, and food and fibre.
In addition, existing freight and
logistical support offered by rail
Alignment with industry connections and the Latrobe Regional
TAFE Gippsland and Federation University Airport will aid the transport of
already instill industry skills and inputs and final products. Affordable
capabilities in their students through land is available for the development
partnerships and skill uplift programs. of additional buildings and
Expansion of these initiatives will continue infrastructure, enabling production to
to strengthen the future workforce. grow and thrive into the future.
Strategy and Opportunities Strategy and Opportunities
Hi-Tech Collaboration with Exporting Defence Health Smart cities Food and fibre
Precinct educators expertise Working with New medical Development of Production and
Expansion and Establishing partnerships Harnessing teleworking industry to technologies and smart lighting and export of food
development of Latrobe’s to develop industry- to export technical demonstrate pharmaceuticals usage sensors and fibre products
precinct for research and tailored workers expertise capability to enter
innovation global supply
12 13
chains
KEY FOCUS AREA 3 KEY FOCUS AREA 4
Regional and Rural Health Circular
Innovation Hub Economy
As Latrobe City’s largest employer, the health Sustainable development will be underpinned by a
industry is already growing strongly. Investment circular economy model for business. Material recovery,
in health workers, as well as key pieces of recycling and harnessing renewables will all be pertinent
infrastructure and equipment, will build Latrobe in developing this model within Latrobe City.
into a hub for regional health
Consumption Reuse
Retooling the industry
Gippsland’s health sector will benefit
largely from the proposed advanced
manufacturing activities in Latrobe.
Key health supplies will be able to be Advanced
manufactured locally, with the ability Production and manufacturing Residual
to scale up in times of great need. remanufacturing Waste to energy
waste
Renewable energy
Specialised training Geothermal
Regional and rural health skills will
be built upon through targeted health
workforce development and new
education and training programmes. Recovered
The existing focus on developing
Design
additional health training facilities in
materials
Latrobe will go hand in hand with this
initiative. Raw
materials
Strategy and Opportunities Strategy and Opportunities
Residential aged care Health Telehealth Geothermal Renewables Waste to energy
services manufacturing
Leveraging increased Producing key Exporting regional Installation of bores Investing in solar and Embracing opportunities
demand for aged care health supplies and health expertise to access geothermal wind farms, natural gas to become a bio-
services from Latrobe’s pharmaceuticals resources and hydrogen projects manufacturing hub,
ageing population reducing Victoria’s waste
14 15
to produce electricity
Investment Initiating and
Priorities Driving Change
Latrobe City will prioritise opportunities that bring far-reaching Latrobe City Council has a number of established measures to
benefits for the economy and community. The priorities of key facilitate investment, which have been previously outlined in
stakeholders have been captured through extensive consultation our Investment Prospectus. The council is committed to build
to determine the outcomes that will be most important for the upon this to lead collaboration and further initiatives to ensure
region. positive change is sustained into the future.
Breaking down barriers
Jobs and innovation Transport and connections Team dedicated Online planning Designated Local end-to-end
• Gippsland’s hub of innovation • Freight connections to the Port business application investment supply chains and
• Sustained job growth of Melbourne development portal, efficient precincts to teleworking
• Access to regular and direct and facilitating planning process support the right
• Complementary industries and economic and quick investments
businesses public transport
investment approvals in the right
• Co-investment in large scale • Upgrading rail tracks and rail locations
projects sidings
• Access to labour • Minimising transport costs
• Connections to other key
logistics and distributions centres
Industry Economic and environmental
collaboration sustainability
Resource sharing and communication Replenishing resources through the
between industries circular economy
Liveability Education and training
• Access to services, including • Redeployment of existing skills in
health services the workforce
• Community infrastructure, • Industry-focused skills and
including sporting and training
recreational facilities • Retaining local talent
• Affordable housing • Access to education
• Resilience infrastructure
16 17
Implementation How can we help?
Roadmap Your team
Latrobe City Council’s plan to bring the investment roadmap to life. We want to work with you to make these
2020 opportunities a reality. Let us know what we can do.
Using water as a catalyst for growth
Support co-location of complementary
Work with Gippsland Water, other water management
industry in precincts agencies and industry such as waste to energy, including
Grow and further develop Latrobe City’s competitive expanded irrigation, to maximise economic opportunities
advantage within Victoria, including significant associated with available water in the Latrobe System to
industrial precincts, and identify supporting support job growth in Latrobe City. Latrobe City to work
complementary businesses to target for co-location. with Water Management Agencies to support investment
strategies and facilitate ongoing investor conversations.
Action: Hold quarterly private large-scale
developer/investor meetings (for establishing better Action: Work with water management agencies and
developer relationships), with an emphasis on industry to maximise the economic and social benefits of
identifying opportunities to catalyse job creation and available water.
economic growth through priority infrastructure.
Circular Economy Innovation Network Gail Gatt
General Manager Regional City Growth
Allow industry to work more closely to identify and map
Aligned growth strategies for key & Investment
opportunities to reduce, reuse or recycle waste, enhance
industry employers sustainability and encourage economic growth. This Phone: 03 5128 5446
Continue to foster relationships with key industry will have a focus on bio manufacturing, which could be Email: Gail.Gatt@latrobe.vic.gov.au
employers such as Australian Paper, Latrobe Regional supported by Australian Paper, Gippsland Water, Resource
Hospital, Gippsland Water and Federation University Recovery Gippsland, Lion Dairy & Drinks, as well other
to explore opportunities to leverage existing potential beneficiaries.
business, and attract complementary businesses into Action: Establish Latrobe City Circular Economy
Latrobe City. Innovation Network.
Action: Jointly develop an investment prospectus
for each key employer. Attract decentralised services and jobs
Leverage on post COVID-19 impact and Latrobe City’s
Grow hydrogen and geothermal digital connectivity, liveability, affordability and proximity
to Melbourne to encourage government services and
industries
private industry to relocate. This includes leveraging
Showcase local hydrogen and geothermal capability investment to increase capacity and reliability of
Gippsland’s public rail.
Gregory Lawrence
to attract funding from federal, state and private
finance to support the growth of a clean, innovative, Action: Re-engage directly with DJPR and private
Manager Economic Investment
safe and competitive Latrobe City hydrogen industry. industry about facilitating and incentivising relocation & Transition
Action: Investigate feasibility and potential use for Phone: 03 5128 5742
geothermal resources. Include investigating funding Activating Latrobe Regional Airport Email: Gregory.Lawrence@latrobe.vic.gov.au
sources such as ARENA’s Advancing Renewables
Support Latrobe Regional Airport to become an integrated
Program and CEFC Advancing Hydrogen Fund.
logistics hub as a catalyst for growth in enabling the
innovation of food production, advanced manufacturing,
and healthcare. Given the current economic stimulus
Extend the freight rail line to the port and need for investment in infrastructure, there is an
opportunity to renew the push for infrastructure priorities,
Re-engage with State and Federal governments on
including the development of the second runway
behalf of Latrobe City industry to extend freight
and other opportunities to expand on existing airport
connections to the port.
capability.
Action: Renewed push for funding off the back
Action: Renewed push for State and Federal
of the recent decision from the State Government
governments to demonstrate future investment priority to
Mode Shift Incentive Scheme (MSIS) aimed at getting
activate the integrated logistics hub.
more freight onto rail and more trucks off local Bruce Connolly
roads. 2030 and
Manager Business Development
beyond
Phone: 03 5128 5759
18 Email: Bruce.Connolly@latrobe.vic.gov.au 19PROUDLY PRINTED IN LatrobeCity
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