Queensland, AustraliaBe part of our opportunitiesTrade & Investment QueenslandTrade & Investment Queensland (TIQ) is the Queensland Government’s dedicated agency for business trade and investment. Based in Brisbane, we are represented in 13 international offices and in eight key regional locations.

Our officers work closely with businesses, stakeholders and governments to make sure our state leads the way in global accessibility.

What we doTIQ works collaboratively with partner agencies, industry organisations and international allies to promote Queensland as an ideal destination offering diverse sectoral and investment solutions.

TIQ also works closely with businesses and investors to maximise investment opportunities including those arising from international events like the Gold Coast 2018 Commonwealth Games™.

We can help organisations that want a presence in the Asia-Pacific by:

• preparing business cases• arranging site visits• providing introductions to industry and service providers• providing government liaison• providing market intelligence• partnering with local councils, economic development

agencies and private service providers to identify ‘investment ready’ projects.

Be part of something big – Queensland’s advantagesQueensland’s economy grew by an annual average of more than 3% for the ten years to 2014-15, outperforming the Australian economy. Our internationally renowned agriculture, resources, tourism and construction industries are complemented by dynamic knowledge industries, including:

• urban development and infrastructure solutions• international education• food and agribusiness• mining equipment, technology and services (METS).

The business environment in Queensland is cost competitive and offers many advantages to those looking to invest and/or establish a presence, including:

• a similar time zone to Asia, with fast access to national and international markets and a time zone spanning the close of business in the Americas and the opening of Europe’s trading day

• ease of doing business – under three days to establish a new business

• cost advantages – lowest payroll tax in Australia, low commercial property rentals, competitive cost of living compared to other states

• a highly skilled, motivated workforce with access to world-class training facilities

• a government that works with business and industry on economic development to create the industries and jobs of the future

• strong intellectual property rights regulations• expanding investment in transport infrastructure and

logistics in rail, road, air and port networks• an enviable lifestyle –multicultural, friendly, safe, secure

communities and a sub-tropical climate averaging 300 days of sunshine a year.

Copyright: © The State of Queensland 2016. Copyright protects this material. Disclaimer: The information presented in this booklet is distributed by the Queensland Government as an information source only. The State of Queensland makes no statements, representations, or warranties about the accuracy or completeness of, and you should not rely on, any information contained in this publication. The Queensland Government disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages and costs you might incur as a result of the information being inaccurate or incomplete in any way, and for any reason. Any reference to any specific organisation, product or service does not constitute or imply its endorsement or recommendation by the State of Queensland. TI

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Snapshot of Queensland

Trade & Investment

Queensland’s global

network

Source: Queensland Treasury.

Key sectors for investmentMining and resourcesWith production in 2015 valued at $36 billion, Queensland has a globally significant mining and petroleum industry. From exploration through to mine development and supporting infrastructure, Queensland offers a wide range of resource sector investment opportunities underpinned by significant coal, petroleum and mineral resources.

Queensland is a global hub for mining equipment technology and services (METS), recognised for world-leading capabilities and service expertise. Opportunities to invest and participate in Queensland’s METS sector are broad with a market including more than 150 operating mines, 23 million tonnes per annum of LNG exports to sustain and a $55 billion pipeline of potential mine and resource infrastructure projects currently under evaluation.

Urban infrastructureQueensland’s sophisticated, reliable and highly efficient infrastructure compares favourably against other high-growth destinations worldwide. The Queensland Government is continuously upgrading hard infrastructure (including roads and energy networks) while also supporting soft infrastructure development (e.g. research and development, and innovation) – the key to growing a knowledge-based economy.

The Queensland Government committed $10.1 billion investment in a capital works program for 2015-2016 and includes $3.9 billion on roads and transport, $2.4 billion on energy and water and $1.3 billion on health and community infrastructure.

Queensland’s commitment to strong and up-to-date infrastructure offers opportunities to tender for a range of infrastructure projects. As at end December 2015, Queensland had investment projects valued at $48.3 billion under construction and a further $15.2 billion committed. This offers investment opportunities in private and public project development and support services.

Knowledge industriesQueensland has positioned itself as knowledge-based economy which is stimulating growth in the technology and innovation industries. Queensland offers an exciting range of investment and collaboration opportunities with organisations seeking to commercialise new software solutions, geospatial services, renewable energy and advanced manufacturing.

Food and agribusinessQueensland has the largest area of agricultural land of any Australian state and the highest proportion of land area dedicated to agriculture. Queensland is a clean, green and reliable producer of high-value agri-products, processes, technology and expertise. In 2014–15, the total value of Queensland’s primary industry commodities was over $15 billion. Queensland is well placed to fuel the growing markets of the world. The state’s proximity and ability to supply food products during the northern hemisphere off-season gives Queensland a major competitive advantage in the high-growth Asian market, supported by key Free Trade Agreements for Japan, Korea and China.

Queensland Government, ‘Accelerated Works Program to drive North Queensland jobs: Premier’, Media Statement, 17 January 2016. http://statements.qld.gov.au/Statement/ 2016/1/17/accelerated-works-program-to-drive-north-queensland-jobs-premier

Deloitte Access Economics, Investment Monitor, December 2015.

DAF, Queensland AgTrends 2015-16. https://www.daf.qld.gov.au/business-trade/agtrends Accessed 8 March 2016.

Connect. Be connected +61 7 3514 3147

www.tiq.qld.gov.au

tiq.info@tiq.qld.gov.au

TradeandInvestmentQld

@tradeinvestqld

Trade & Investment Queensland

Queensland economic growth rate, ten years to 2014-15

3.1%

Gross state product to 2014-15 A$300 billion

Population as at September 2015 4.8 million

Population growth rate, ten years to 2014-15 2.1%

Consumer Price Index 2014-15 1.8%