Investor Presentaiton
FOCUS:
North Queensland
A thriving North Queensland economy is vital to position Queensland
as Australia's strongest and most dynamic trading economy.
North Queensland has immense potential for sustained
economic growth with diverse landscapes and strong
regional infrastructure that supports a range of industries
and growth opportunities.
The Queensland Government promotes North Queensland's
existing and emerging advantages in tropical expertise,
world-class tourist attractions, arable cropping and grazing
land and mineral resources to create more local jobs and
quality investment opportunities.
Eungella National Park, Queensland.
Courtesy of Tourism and Events Queensland
46 Queensland Trade and Investment Strategy 2017-2022
Infrastructure to grow North Queensland
The SIP includes 86 projects in North Queensland including
priority roads and water projects, a world-class innovation
and research hub, a new stadium, and new tourism
infrastructure.
Current action: The Queensland Government is
preparing a North Queensland Regional Plan to set
the vision for five local government areas.
Current action: The Queensland Government's
Queensland Transport and Roads Investment Program
represents $3.9 billion over four years for North
Queensland transport and road infrastructure.
The Queensland Government is working with the Australian
Government to secure opportunities arising from the White
Papers on Agricultural Competitiveness and Developing
Northern Australia including:
⚫the headquarters for the Northern Australian
Infrastructure Facility (NAIF) and the Cooperative
Research Centre for Northern Australia;
• North Queensland's share of the $600 million Northern
Australia Roads Programme and the $100 million Beef
Roads Programme; and
•
a water feasibility study and subsequent water
infrastructure funding.
In July 2016 the Australian Government commenced the
$5 billion NAIF which offers concessional loans to encourage
and complement private sector investment in economic
infrastructure.
Case Study: Mt Emerald Wind Farm
The Queensland Government-owned corporation Ergon
Energy has offered a Power Purchase Agreement (PPA)
to the Mount Emerald Wind Farm project, to be located
near Cairns in North Queensland. PPAs provide a long-
term financial commitment to purchase energy and are
a core consideration as to whether renewable energy
developments proceed and secure investment in the sector.
The $360 million Mount Emerald Wind Farm will deliver
significant benefits for local economies over its two-year
construction period and the 25 year life of the project.
Case study: Townsville, Australia's first City Deal
The Townsville City Waterfront PDA project is one of the
largest urban renewal projects underway in northern
Australia. It is facilitated by Australia's first 'City Deal' -
an agreement between the Queensland and Australian
governments that sets out how all levels of government
will support local business and encourage international
investment in Townsville.
In partnership with the Townsville City Council and Port of
Townsville Limited, the Queensland Government will over
the next 15 to 20 years renew mixed-use developments in
the CBD. This will deliver greater prosperity, an active city
heart, and enhanced liveability for residents and visitors.
Queensland's diverse regions make a unique
contribution to the state's economy. However, a one-size-
fits-all approach to trade and investment would mean that
economic opportunities might be missed, particularly in
terms of supporting the key growth sectors in each region.
Queensland's regions require tailored solutions to ensure
future trade and investment opportunities are realised.
New initiative: Develop Regional Trade and Investment
Action Plans.View entire presentation