Investor Presentaiton
Priority
2
Professional and business services
Queensland's exports of professional and business
services were valued at almost $700 million in
2015-16, an increase of over 20 per cent in the past
five years. Particular strengths for Queensland include
financial services; architectural, engineering and
scientific services; and environmental, agricultural and
mining services.
Queensland's financial services exports represented a
significant proportion of this and was the third largest
services export after tourism and IET.
Queensland's architectural, engineering and scientific
services exports were valued at almost $300 million in
2015-16, and some Queensland architectural firms are
gaining significant business traction in Asian markets.
More than half of Australia's environmental, agricultural
and mining services exports in 2015-16 were from
Queensland.
The Queensland Government, through TIQ, works with
industry organisations, service providers such as law
and accountancy firms, as well as consultants and major
domestic and international financial institutions, to
promote and facilitate investment in Queensland.
Renewable energy
It is estimated that more than $300 billion was invested
globally in renewable energy in 2015 with 196 countries
committing to emissions reductions at the 2015 Sustainable
Innovation Forum.45
Queensland is emerging as a leader in renewable energy.
There are increasing opportunities to attract renewable
energy investment and take greater advantage of our
high-quality renewable energy resources to create jobs,
encourage local manufacturing and develop skills and
products for export.
The Queensland Government's Renewable Energy Expert
Panel has released a draft report which outlines pathways
for Queensland to achieve a 50 per cent renewable energy
target by 2030. In a first for any Australian state or territory
government, government-owned land in Queensland is
being assessed for suitability for large-scale renewable
energy developments and will be released to renewable
energy proponents under the Advancing our Cities and
Regions Strategy.
Case study: Solar 150 solar investment program
The Queensland Government's Solar 150 program is
establishing a large-scale renewable energy industry
in Queensland-acting on climate change, creating
new jobs and diversifying our economy.
In collaboration with the Australian Renewable Energy
Agency (ARENA), upfront capital grants and long-term
revenue contracts will be provided to encourage the
development of six large-scale Queensland solar projects
with construction set to begin in early 2017.
This will boost investment in Queensland by over
$637 million, support around 600 direct jobs, increase
our existing solar generation 30-fold, and produce
enough electricity to power 120,000 homes.
Current action: The Queensland Government is working
to achieve Queensland's 50 per cent renewable energy
target by 2030.
Professional and
business services
increased
over 20%
in the past five years
Ravenshoe, Queensland
Windorah, Queensland
Queensland Trade and Investment Strategy 2017-2022 29View entire presentation