Investor Presentaiton slide image

Investor Presentaiton

Priority Improve access to markets Transport connections and other infrastructure assists in attracting and retaining regional population and businesses. Maintaining and improving regional transport and freight networks will improve access to markets, broaden trade opportunities and allow competitive industries to grow. Supporting strong business relationships and networks across regional, national and international markets to expand trade, access new technologies, and provide opportunities for foreign investment in the regions will build on our prosperous, dynamic and diverse regional economies. Current action: The Queensland Government is reducing barriers to trade by providing advice on formal trade agreements. Current action: The Queensland Government is investigating Central Queensland locations with potential to export high-value products to international markets via airfreight. Julia Creek, Queensland Courtesy of Tourism and Events Queensland Revitalise regional economic centres Queensland's regional centres create important economic development opportunities that support local communities as well as surrounding remote and regional areas. The maintenance and renewal of our regional centres is vital to maintaining the liveability of our regions. Queensland's regional planning processes are developed locally with each region's unique communities, environment and economy taken into consideration. Targeted infrastructure renewal helps to improve housing access, health outcomes, education services, recreation facilities and other essential services. It contributes to job creation and the attraction and retention of young people in the regions, in turn encouraging investment and economic activity. Through clear and flexible planning, the Queensland Government is working collaboratively with local governments to release surplus land for renewal, as well as identifying redevelopment opportunities for commercial and community outcomes. Current action: The Queensland Government's Advancing Our Cities and Regions Strategy is identifying opportunities for economic and community development in regional centres. Global competition to attract quality foreign direct investment is strong. While investors are showing interest in regional Queensland, international investors, in particular, require better coordinated and targeted support. Stakeholder feedback, particularly in North Queensland, indicated that Queensland regions and businesses would benefit from increased government support to attract much needed investment. New initiative: Boost the investment readiness of regional Queensland. Aboriginal and Torres Strait Islander businesses Queensland's Aboriginal and Torres Strait Islander communities, businesses, land trusts, corporations and cultural heritage bodies play an important role in securing Queensland's future economic success. There are opportunities for Indigenous businesses to start up or expand. Queensland's diverse Aboriginal and Torres Strait Islander businesses make up almost 20 per cent of Australia's Top 500 Aboriginal and Torres Strait Islander corporations. 53 Also the growing tourism sector is seeing 14 per cent of visitors to Australia participating in cultural tourism.54 Queensland's Aboriginal and Torres Strait Islander SMEs are also active through the Queensland Government supported Black Business Finder online directory. The directory provides opportunities for Indigenous businesses to participate in the supply chains for major projects and link with businesses looking to source goods and services from Aboriginal and Torres Strait Islanders. Current action: The Queensland Government is overcoming barriers to investment by coordinating capital works, resolving land tenure issues, improving planning administration and addressing native title in discrete Aboriginal and Torres Strait Islander communities. 9 Queensland Trade and Investment Strategy 2017-2022 45
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