Investment in Public #Transport Grows #Economy- Report

Investment in public transport contributes significant opportunity to grow skills and opportunities in the wider economy, a report from the Rail Manufacturing Cooperative Research Centre (CRC),the Victoria University and the Victorian Department of Transport has noted.

The report according to Rail Express identifies that changes to skills delivery and investment could fuel the sector and its supply chain.

The report made three primary findings, that young people do not know the diversity of roles in the public transport sector, that investment in the public transport supply chain encourages growth in the wider economy through innovation, and that new methods of training will be required to meet the demand for workers in the next 5 to 10 years.

CEO of the Rail Manufacturing CRC, Stuart Thomson said that the report’s finding can be used by the sector to inform future projects.

“The collective knowledge shared by the project participants highlighted some of the groundbreaking initiatives the transport sector is already undertaking to support its current workforce, while also emphasising new opportunities required in rail to attract, train and retain its future workforce,” said Thomson.

“We look forward to the transport sector utilising the results of this project to implement the key findings identified in the final report.”

As the pipeline of investment in public transport continues to grow, the sector will need to recruit to meet the demand for a growing workforce, and overcome stereotypes about the industry. The report found that young people are not aware of pathways in the transport sector outside of roles such as tram or train drivers, and that changing the perception of the workforce would tap into young people’s desire to be involved in public transport.

The study also recommended that investment not only target public transport projects themselves, but the local supply chains which support public transport. Investment in innovation, skills development boost the wider local economy, and can create ongoing jobs in advanced manufacturing.

As projects delivering new rolling stock progress over the next decade, the report noted that a diversity of skills will be required, and not just those that are currently being taught. Skills gaps such as in people-based soft skills will need to be addressed, highlights the report.

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