Region: East Asia and Pacific (EAP)
Country: Australia
Topics: Procurement
Keywords: Parties, Private Sector, SMEs, Local content, Local contractors, Local inclusion
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Through this Act, the Victorian government is mandated to create a policy that promotes and incentivize the participation of small and medium enterprises in public projects and procurement financed or launched partially or wholly by the State. Some of the Act’s objectives are: “promoting employment and business growth by expanding market opportunities for local industry; and providing contractors with increased access to, and raised awareness of, local industry capability”.
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Updated: August 25, 2020