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MEI Online: General Minerals Engineering: Latest News: August 1st 2003

:: $26 Million Funding Announced for Western Australia  

Western Australia's development as a centre of new technology and innovation has received a massive boost with the announcement of a $26 million funding package.

WA Premier Geoff Gallop released details of the package, designed to lure major research projects and attract greater research funding into Western Australia.

Gallop identified the oil, gas and minerals industry as one of the six categories being invited to apply for the funding.

The package includes $21 million for a WA Major Research Facilities Program, $2 million for two Premier's Research Fellowships and more than $3 million for the creation of three new Centres of Excellence.

Gallop said: "Western Australia is already a world leader in many areas of science and innovation, but we have the potential to lead the way in many other areas. This $26 million package is designed to cement our reputation as a world leader in innovation by extending our expertise into new areas."

The $21 million Western Australian Major Research Facilities Program (WAMRF) aims to build a number of high impact scientific research facilities in WA.

"In the past our state has suffered from a lack of large international class research centres and the government is determined to establish one or more centres of this calibre in WA," Gallop said. "The $21 million will help obtain maximum leverage of commonwealth, industry and international funding to ensure we can attract at least one major research facility. The total budget for each of these centres will be a minimum of $60 million with the State Government providing between 20 percent to 30 percent of the funding and the remainder coming from business, research and public sectors. By establishing major science projects in this state we can strengthen our economy and create more jobs and opportunities for Western Australians."



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