Investor Presentaiton
Advancing Trade and Investment
Queensland Trade and Investment Strategy 2017-2022
The Queensland Trade and Investment Strategy 2017-
2022 (the Strategy) is a plan for cooperation between
governments, business, educational institutions and local
councils to create jobs for Queenslanders.
It aims to use Queensland's natural and acquired strengths
to tap into the immense opportunities being created by
expanding international markets.
By capturing these opportunities, the Strategy seeks to
achieve two aspirational targets:
• Increase Queensland's share of national overseas
exports to 22 per cent and maintain through to 2022.¹
• Increase the number of investment outcomes facilitated
by the Queensland Government by 20 per cent by 2022.2
The vision for the Strategy is clear and ambitious:
To achieve these targets, the Strategy recognises
megatrends affecting the global economy such as the rise
of Asia, population ageing, pressure on natural resources,
climate change, borrowing constraints on governments,
the glut of private capital and the opportunities of the
digital age.
It identifies Queensland's competitive strengths, such
as our abundant natural resources, skilled workforce,
innovative culture, a regionalised economy with modern
infrastructure and shared time-zone with Asia.
By aligning Queensland's competitive strengths with global
megatrends, the Strategy identifies industries where the
state has an actual or potential comparative advantage.
This enables the prioritisation of Queensland's most
promising export and investment markets.
Positioning Queensland as Australia's most
innovative and dynamic trading economy
a magnet for global investment.
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As has been the case throughout Queensland's history,
future job creation will require large amounts of foreign
direct investment (FDI).
Investment from outside Queensland provides the capital
needed to develop new industries and improve the
productivity of existing ones. Foreign investment also
promotes stronger connections with foreign markets
and the adoption of innovative technologies, helping our
industries to remain competitive against tough rivals.
Trade is also essential to Queensland's economic growth.
The Strategy recognises that Queensland's largest
export industries - mining, food and agribusiness,
tourism and international education and training - will
continue to drive trade and job creation, and that the
competitiveness of these industries will be boosted by
innovative technologies and business practices.
At the same time, the Strategy strengthens collaboration
between business and government to deploy innovation
and create industries of the future, including mining
equipment, technology and services, defence and
aerospace, advanced manufacturing, biomedical and life
sciences, renewable energy and biofutures.
A number of Queensland Government agencies are
already supporting trade and investment through existing
programs and actions. These actions are highlighted
throughout the Strategy.
6 Queensland Trade and Investment Strategy 2017-2022View entire presentation