Investor Presentaiton slide image

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. - 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 2017-2022
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