Migration Queensland showcases Burdekin and Townsville opportunities for migrant investment

Leading a group of 29 delegates, Migration Queensland headed North in mid-June, successfully hosting in partnership with the Burdekin and Townsville City Councils, a regional roadshow to promote investment opportunities in the Burdekin and Townsville regions.

The 4-day tour took Australian-based migration agents and business migrant investors, all of whom are looking for regional investment opportunities for themselves and their clients.

The delegation toured the region and heard from mayors, councils, state government representatives and business leaders on information regarding industry capabilities and key investment opportunities through a range of projects of the councils regarding agriculture, industrial land, renewable fuels, water treatment, fisheries and education in the regions.

Townsville Mayor Jenny Hill said the delegation provides an opportunity to demonstrate investment opportunities to investors looking to expand into North Queensland. “We’re already seeing growth in spaces such as defence industries, green hydrogen production and export, and education and training and interest in projects such as the Lansdown Eco-Industrial Precinct and now this is the perfect time to attract job creating and economy growing investment,” she said.

Delegate Vicky Huang from a migration agency in Brisbane was impressed by the level of engagement from the councils and Queensland Government. “It is such a good chance to show there are investment opportunities in regional Queensland, not only available in the South East Queensland. I will be very excited to convey what I see to my clients, which will attract them and give confidence to invest here for sure,” she said.

During the period of showcase, some of investors have already expressed interest in agricultural and hospitality investments. The roadshow included a site visit to a mixed crop farm, and as a result an investor is exploring an opportunity to export mung beans to Vietnam, and another Chinese investor is interested in exporting 100,000 tonnes of sorghum to China. A Vietnamese investor is also attracted by purchasing a waterfront restaurant in Townsville and beachfront hotel on Magnetic Island. “I look forward seeing further investment outcomes emerge from this successful roadshow in coming months,” Paul Martyn, the CEO of Trade and Investment of Queensland said.