Construction Technologies and State Government Support

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1 Construction Technologies and State Government Support Parks and Leisure Australia Modular Buildings Seminar 7 March 2018

2 Future Industries priority sectors $270 million Future Industries Fund Create new jobs and stimulate industry investment in high growth, high value industries

3 Victoria s Construction Industry - overview 3 rd largest industry in Australia - all major Australian construction companies have operations in Victoria Will continue to grow into the future: 1.6 billion new homes will be needed over next 25 years to accommodate the forecast population increase State Government investments of over $38 billion in new infrastructure projects Stream of private sector investments 290,700 jobs or 8% of Victoria s workforce $29.5 billion value to the State or 7% of GSP

4 Roadmap to 2025 Construction Technologies Sector Strategy Building Information Modelling / Digital Engineering Digital Technologies Prefabricated / Modular Construction New construction materials and product design & manufacture Victoria leading the use of collaborative technologies to boost construction and asset/infrastructure productivity Victoria as national hub for digital innovation in the construction industry Victoria leading transformative change in construction methodology to secure cost, quality, waste and time efficiencies Leading innovation and new market opportunities, supported by testing capability and clear standards Long term industry competiveness and sustained growth connected to national, regional and international markets

5 Advancing BIM and digital technologies Grow use of BIM across the construction supply chain construction companies, HVAC sector, asset/facilities management BIM Implementation Plan & trials Build digital products and strengthen networks and capability National Construction Tech Summit exceptional engagement led by Aconex Startup Aus national report into digital construction Technology revolutionising the construction sector

6 Competitiveness in off-site construction Victoria is home to leading companies specialising in prefabricated construction: 60 per cent of Australia s local prefabrication capability in Victoria Modular Construction Code / Technical Handbook developed in Victoria excellence in design and engineering: Local Jobs First Victorian Industry Participation Policy (VIPP) ensures local businesses have the opportunity to compete for government contracts setting local requirements

7 Excellence across the supply chain Victorian manufacturers leading the nation Procuring agencies leveraging local companies - DEDJTR event on 15 July 2017 Education, Housing, Health, Sport and Recreation, Local Government, Transport agencies Harwyn Opportunity for Victorian companies to present to procuring agencies Event in mid-2018 with State and Local Government procurers and Victorian industry

8 Supporting industry growth key Victorian Government funding initiatives Future Industries Manufacturing Program Sector Growth Program Advanced Manufacturing vouchers Local Industries Fund for Transition

9 Questions and Discussion Thank you. For more information please contact: Athena Andriotis A/ Executive Director, Advanced Manufacturing Department of Economic Development, Jobs, Transport & Resources

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