Thousands of jobs will be created in South Australia as a result of the Malcolm Turnbull Government’s announcement that Australia’s nine Future Frigates will be designed by BAE and built by ASC Shipbuilding, says South Australian Liberal Government.
Premier Steven Marshall said that South Australia will be the beneficiary of this $35 billion decision with many local businesses in the supply chain winning a share of the Coalition’s historic investment.
“South Australia is now unquestionably the centre of naval shipbuilding in Australia,” said Premier Marshall.
“This $35 billion program will deliver unprecedented economic benefit to the South Australian economy, with over 100 businesses already pre-qualifying with BAE to be part of the project.
“My government is committed to working with the Turnbull Coalition Government and BAE to maximise the local benefits of this huge investment for South Australia.
“The Future Frigate project is poised to deliver 1500 direct local jobs, in addition to the 600 jobs needed for the redevelopment of the Osborne South Shipyards and opportunities through the supply chain.
“There are some significant challenges that exist in ensuring that South Australia has the skilled local workforce necessary to deliver this project.
“That’s why more than 20,000 additional work-based apprenticeships and traineeships will be created in South Australia over the next four years thanks to a $187 million funding agreement struck by the State Liberal Government.
“Apprenticeships are vital to building a skilled supply of workers for industry and this has never been more important as we move to a more diversified economy and to capitalise on major, long-term national defence contracts awarded to South Australia.
"This is a great day for South Australia.”