The BMA Local Buying Program, developed by BHP Billiton Mitsubishi Alliance (BMA) in Queensland, Australia, is a collaborative partnership between BMA and the Mackay Whitsunday Isaac Regional Economic Development Corporation (REDC). The program is the first initiative of its kind in the region.
Local business interface, as a part of the BMA Local Buying Program, is supported by C-Res (Community Resourcing for the Future) as a subsidiary of REDC. The program sets out to build local business capacity and capability, which contributes to sustainable economic opportunities for local small businesses.
Goods and services are sourced from businesses in local communities, and a purpose-built website allows local vendors to register and respond to quotes, which BMA considers when planning and purchasing. Funds from the program are invested into business development initiatives to help create more competitive local supply markets and contribute to a stronger regional economy.
As of March 2014, 372 local businesses have been approved as suppliers to BMA, including 259 new businesses that were not previously engaged. This has led to 1,910 work opportunities for local businesses, valued at US$25 million.
BHP Billiton Mitsui Coal (BMC) asset was in the program in May 2013, which broadened the program’s footprint to the community of Nebo. US$337,000 has also been contributed to the Local Buying Community Foundation, with 24 approved business development programs either delivered or in progress.
Read more on our community investment activities in the BHP Billiton Community Review (PDF 3.6 MB)
2012 and is ongoing
US$1.2 million to date