Queensland ready to do more business with major UK investors

Queensland’s status as an attractive international investment location has been emphasised at an investor roundtable meeting hosted in London by Premier Annastacia Palaszczuk.

The Premier met top tier United Kingdom-based investors who have existing investments in Queensland, or who are interested in the global growth opportunities the State has to offer, during the UK leg of her trade mission.

“I outlined the many investment opportunities across key sectors we have in Queensland including resources, energy, advanced manufacturing and agriculture to encourage greater investment, and also promoted our State as an ideal and strategic location for UK companies to become established in the Asia-Pacific region,” the Premier said.

“Our preliminary trade figures for 2018 show Queensland’s exports to the UK were valued at $805 million, representing more than 16 per cent of Australia’s total merchandise exports there, with non-ferrous metals, coal and meat our major export items.

“We also have healthy relationships supporting education, training, tourism, research and knowledge-based industries to further support our standing as a go-to partner.

“My Government, through Trade and Investment Queensland, is supporting Queensland companies participating in the annual London Technology week in June, with innovation and technology events across the English capital and this will help to underline our burgeoning reputation in the international tech ecosystem.

“Financiers based in the UK continue to look at investment opportunities in Queensland and are open to exploring business options in Queensland’s construction, infrastructure and other important industries, so we will continue to discuss all options with them.

“Some of the biggest companies in the world are working with us because they recognise who we are, how we operate and what we have to offer.

“They’re investing in Queensland because we’re not only open for business, but we make business happen.”

The Premier is in London on the last leg of her 11-day trade mission to the United Arab Emirates, Germany and the United Kingdom.

Media Contact:                Geoff Breusch 0417 272 875