Confidence boost: City woos Chinese investment

Date published: 13 June 2017

Townsville’s credentials as a city ripe for investment will be highlighted during a visit by a delegation representing the interests of Chinese investors from today.

The 22 delegates are in the North for four days scouting opportunities for their clients who are interested in migrating to Queensland under the Government’s Business Skills and Migration Program, a visa program offering a pathway to permanent residency status in exchange for investment in the state.

Organised by Trade and Investment Queensland and hosted by Mayor Jenny Hill, the group’s visit will take in a tour of Townsville’s sights and attractions as well as business meetings with key regional enterprise.

Delegates will also receive presentations from the Townsville City Council, Queensland Department of Premier and Cabinet, Department of State Development, Townsville Enterprise and Study Townsville.

Cr Hill said the Townsville region was the only stop outside Brisbane for the group.

“This is a great opportunity to showcase Townsville and the enormous potential for investors in the city’s future,” Cr Hill said.

“All of the city’s peak economic groups will be outlining opportunities in everything from mining, residential and commercial development and renewable energies as well as specific projects such as the Waterfront PDA.

“The work that we have done to secure the green light for the Waterfront PDA and stadium as well as the advancement of the Adani Carmichael Mine has put Townsville well and truly on the radar for serious investors.

“It’s vital that our guests go back to China with a very strong message for their wealthy investors that Townsville is ready and open for business.”

The agents represent clients with interests in a variety of industries including food and agribusiness, tourism, property development, commercial property investment and manufacturing.

Delegates will tour the Burdekin Shire on Thursday. The group will return to Brisbane on Friday.

Business and Skilled Migration Queensland
Business and Skilled Migration Queensland (BSMQ) is part of Trade and Investment Queensland.

*     has an agreement with the Australian Government to nominate business and skilled migrants who provide economic benefit to Queensland
*     sets the criteria for Queensland nomination for the  business and skilled visa categories.

Business migrants must be nominated by a state or territory in order to migrate to Australia. On behalf of the Queensland Government, BSMQ nominates business migrants who can help build the Queensland economy by:
*    supporting industry development and growth
*    creating employment
*    encouraging innovation and competitiveness
*    providing access to global supply chains.