The Queensland Information and Communications Technology (ICT) industry will receive government funding of $13.75 million to create an Institute for ICT Innovation.
A spokesperson for the Queensland Department of Innovation said the government was focusing on continual growth of the ICT industry by trying to entice more businesses to set up in the ‘Smart State’.
“The government commitment to an Institute for ICT Innovation will develop technologies to deliver health services to all areas within the state ,” he said.
“The Institute will also ensure the future growth of security and learning industry sectors by encouraging collaboration between some of Queensland’s leading researchers.”
The government claimed it would also help to maximise the ICT industry’s research and development opportunities.
The state is estimated to have ICT product sales of $14.6 billion for the past financial year, according to the government.
Queensland Minister for Innovation, Paul Lucas, said sales figures, combined with the recent success of e-security, e-learning and multimedia industries had given the state a real opportunity to compete in the global information economy.
Lucas said the past 20 years had seen Queensland ICT grow from a scattering of businesses to a major industry.
“More than 3700 ICT companies are employing more than 56,000 people,” he said.