Investment attraction and facilitation in Victoria

Tabled: 30 May 2002

Overview

The objectives of the audit were to investigate the extent of State provided and coordinated industry assistance to attract new investment, and evaluate:

  • the effectiveness of investment attraction and facilitation programs in achieving their stated objectives, including the net benefits to Victoria;
  • whether objective and comprehensive criteria have been established and consistently used to support industry attraction decisions;
  • the transparency of such arrangements; and
  • the adequacy of measures of whether recipients of public assistance are generating the expected economic, social, and environmental benefits for the community.

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