Economic Development

Photo credit: Tarita Bin Doraho

Programme Overview

The TSRA is the lead economic development ‘Solution Broker’ for the Torres Strait region. In this role, the TSRA works in partnership with other government and non-government organisations and individual communities to advance the regional goal, as expressed in the Torres Strait and Northern Peninsula Area Regional Plan 2009-2029 'enhance our region's wealth by creating sustainable industries and increasing employment opportunities for our people equivalent to the wider Australian community', and ensure the efficient use of resources.

The Programme aims, as set out in the Torres Strait Development Plan 2019-2022 are to:

  • Stimulate economic development across the region
  • Advance business skills and align training initiatives with regional employment opportunities
  • Advance Torres Strait Islander and Aboriginal ownership and management of businesses in the region.

The TSRA has developed the Regional Economic Investment Strategy to help facilitate commercially-viable business opportunities in the Torres Strait Region and guide the Economic Development Programme in the delivery of a range of services and products designed to meet its Programme aims.  You can find out more about the Regional Economic Investment Strategy (REIS) and our suite of products and services by clicking on the boxes below.