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SA Labor to lure companies with funding

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March 09, 2018

Jay Weatherill is promising an extra $60 million to lure companies to set up in South Australia.

Companies would be lured to set up in South Australia with an additional $60 million in investment grants and loans under a re-elected Labor government.

Premier Jay Weatherill said Investment Attraction South Australia has already created more than 9000 jobs since its 2015 establishment.

"The agency has secured more than 40 high-profile companies including Hollywood film giant Technicolor, Boeing, German supermarket chain Kaufland and cyber security company VeroGuard Systems," he said on Friday.

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