Mining Magazine October 2014 | Page 224

PHILBARA REGIONAL COUNCIL
beyond the current disinterested coexistence .
The PRC has been actively encouraging the Pilbara region towards greater degrees of sophistication in the packaging and marketing of foreign direct investment for the region in order to support a step change in the nature of the Pilbara primary industry . This has extended to advocacy for the formation of a special economic zone within the region . Australia is the only country around the Indian ocean rim that is not taking advantage of the benefits that a special economic zone can bring in terms of encouraging inbound investment . The Thailand car industry is a stellar example of the impacts of these zones – unfortunately to Australia ’ s detriment in that particular example .
The Federal Government ’ s vision
Pilbara region mining site
224 October 2014