Investor Presentaiton
Priority
1
Major export industry 2
Food and agribusiness
Food and agribusiness key facts:
.
144 million hectares or 83 per cent of Queensland
is dedicated to food and agribusiness.
Around one in seven Queenslanders are partly or
wholly supported by the food sector.
• In 2014-15 Queensland's agribusinesses provided:
-
22 per cent of Australia's primary produce.
a gross value add of $8.2 billion to the
Queensland economy.
Queensland has a strong comparative advantage in the
production of beef, fish and crustaceans, chickpeas,
cotton, sugar cane and sorghum.
High-value products
Queensland has a long and proud history in agriculture
and the future presents an unprecedented opportunity
for further growth as a world leader in high-quality
agricultural produce that is safe, clean and green.
High-quality produce is increasingly in demand,
particularly in Asia, as international investors seek to
secure product supply to provide for growing middle-
class populations (see global megatrends 1, 2 and 4).
This presents a distinct advantage for Queensland
exporters to access and significantly differentiate our
food and agribusiness products.
AgTech and services
Queensland's success in food and agribusiness has
highlighted our innovative agricultural processes and
technologies.
Technological advances in production, robotics,
bioproducts, packaging materials, and digital and wireless
technologies will continue to influence the agricultural
sector and create service export opportunities offering
high-paying jobs.
Current action: The Queensland Government's
Advance Queensland Technology Commercialisation
Fund is increasing agricultural innovation to help
commercialise intellectual property to maintain
Queensland's competitive advantage in food and
agribusiness.
Current action: The Queensland Government is
developing an agriculture and food research,
development and extension 10-year roadmap to
enhance scientific collaboration in Queensland.
Aquaculture
Queensland's clean, unpolluted waters provide ideal
locations for temperate and tropical marine species.
Combined with Queensland's extensive aquaculture
research programs and diverse industrial base that is
serviced by regional centres, Queensland is building an
enviable reputation for high-quality aquaculture products.
Queensland's aquaculture industry employs over 450
workers and had a gross value of production (GVP) of
$120 million in 2014-15, representing 38 per cent of the
total value of fisheries production in the state. Aquacultured
prawns ($82.6 million) and barramundi ($27.5 million)
account for the majority of the total GVP.
Current action: The Queensland Government is
creating terrestrial Aquaculture Development Areas
(ADAS) to encourage the growth of a sustainable
aquaculture industry, including the development
of assessment codes and regulatory conditions for
each ADA.
Brisbane, Queensland
Mooloolaba, Queensland
Courtesy of Tourism and Events Queensland
Courtesy of Tourism and Events Queensland
Queensland Trade and Investment Strategy 2017-2022 23View entire presentation