TIQ showcases Wide Bay opportunities for migrant investment

Investment and export opportunities in the Wide Bay Burnett region were showcased to 40 business migrant investors and migration agents during a TIQ roadshow in late September.

The one-week tour took Business and Skilled Migration Queensland (BSMQ) investors and agents from China, Vietnam, Papua New Guinea and Pakistan to Bundaberg, Gayndah, Kingaroy, Rainbow Beach, Tin Can Bay, Maryborough and Hervey Bay.

TIQ partnered with the Bundaberg, North Burnett, South Burnett and Fraser Coast regional councils for the roadshow, which ran from 23 to 27 September.

Councillors from each region provided presentations and hosted official dinners with key business leaders to provide in-depth information regarding industry capabilities and key investment opportunities in their regions.

Delegate Elaine Lan Le from Landmark Consulting Group Pty Ltd, an Australian investment consultancy with successful Vietnamese business migration clients, said the group was impressed by the level of engagement from the councils and the Queensland Government.

‘The fact that the government, at a state and at a local level, is so welcoming and open with us, gives us great confidence to invest in the region,’ she said.

Deputy Mayor Darren Everard of Fraser Coast Regional Council said that the roadshow was a great opportunity to showcase regional projects and people.

‘This roadshow will help us change the perception that investment opportunities are only available in the greater Brisbane and Gold Coast area,’ he said.

‘We want to show interstate and overseas migration agents there are opportunities in regional Queensland.’

Wide Bay Burnett has exceptional investment opportunities in tourism, food and agribusiness, fisheries and aquaculture, and advanced manufacturing.

A highlight of the tour was a visit to Macadamia Farm Management in Bundaberg, which demonstrated the growth of the macadamia nut industry and investment opportunities in commercial macadamia farms.

A visit to SSS Strawberries in Bundaberg – a farm owned and run by a migrant Vietnamese family – provided insights into Australia’s berry industry, with SSS owners speaking about opportunities to export freeze-dried strawberries to international markets.

Delegates also visited several South Burnett wineries, with one winery looking to access migrants’ export networks, and another looking to partner in a joint venture to expand winery infrastructure.

Cavalier Engineering in Gympie showcased cutting-edge technology in steel livestock equipment, with delegates from Papua New Guinea and Vietnam expressing interest in exporting cattle equipment from the company.

Property-development projects were also showcased, including the Avenue – a $10 million high-end office development in Hervey Bay – and opportunities in the beachfront suburb of Urangan.

The tour ended on the Fraser Coast, where delegates visited Maryborough business areas, including a new health precinct and the aviation and avion precinct, which is Australia’s newest airside high-tech manufacturing facility.

TIQ’s Wide Bay-Burnett regional team coordinated the visit, carefully matching the business background and investment interests of each migrant investor to the industry capabilities in the region.

Attracting investment to Queensland is one of the key goals of the Queensland Trade and Investment Strategy 2017–2022.