The Economic Development Board (EDB) was established in 2002 and is a key advisory body to the Government on economic development issues in South Australia.
- Develop and oversee the implementation of a framework for economic development in South Australia.
- Provide high level strategic and policy advice to Government on economic development and industry issues.
- Advise on and help facilitate the development of major projects which are of significance or strategic importance to the State’s development and have government support.
- Work in partnership with the private sector to facilitate and promote the economic development of the State.
- Work with government and business to ensure the State’s business environment and infrastructure is competitive and supports the development of South Australia’s existing business base as well as the creation and attraction of new businesses.
- Promote innovation, education and skills development as key drivers behind the State’s economic growth and work collaboratively with government agencies, education and research institutions and the private sector in promoting and developing the State’s knowledge-based potential.
- Pro-actively promote investment and business opportunities in South Australia and work with the private sector in facilitating strategic investment opportunities that support South Australia’s economic development framework.
- Give regard to the specific economic needs and challenges faced by regional communities.
- Establish, monitor and measure the performance of the State on key economic, social and environmental indicators.