There is significant potential for developing information and communications technology (ICT) industries in the Hunter and Central Coast, according to a NSW Government report.
The Minister for IT, Kim Yeadon, said the report will help NSW Government and business plan the future development of high tech industries in the two regions.
"It quantifies the high skill levels of the workforce in both regions and pinpoints the advantages they have to help them develop into successful ICT 'corridors' similar to North Sydney to North Ryde, and Western Sydney," Yeadon said.
The report also suggests various strategies to promote industry and employment which the Government and local economic development boards will examine in developing an action plan for the regions.
"The advantages of the Hunter include a distinctive business culture, excellence in education through Newcastle University and TAFE and the quality of lifestyle," he said.
Yeadon said the report collates a wealth of information on the ICT infrastructure, resources and skills of the regions, and an analysis of the potential for economic growth.
The report was commissioned by the Departments of Information Technology and Management (DITM) and State and Regional Development and funded by DITM, the Hunter Economic Development Board and the Central Coast Economic Development Board.
The study was undertaken by the Centre for Regional Research and Innovation, University of Western Sydney, which also includes a survey of over 450 local organisations.