DRIVING THE SMART STATE’S $35.4 BILLION EXPORTS HIGHER

Published Monday, 09 October, 2006 at 02:24 PM

Premier and Minister for Trade
The Honourable Peter Beattie

Premier and Minister for Trade Peter Beattie today unveiled the Smart State’s new five-year export strategy.

At the opening of Export Week 2006, Mr Beattie announced the strategy would build on Queensland’s thriving export culture, with overseas exports growing 34% in 2005-06 to reach a record $35.4 billion.

“This week celebrates the important contribution business makes to our economic performance, to maintaining our quality of life and creating more jobs,” Mr Beattie said.

“The new Driving Export Growth for Queensland Strategy will diversify Queensland’s export base to take even more Smart State products and services to the world,” he said.

“This strategy is a blueprint for building Queensland’s exports for the future.

“We will enhance the support available to innovative exporters and those in knowledge-intensive industries.

“We will establish a new Export Advisory Service, with a team of advisers to help local businesses achieve their export goals.

“We will also be more visible in our target markets overseas, with a stronger focus in China, India and the Middle East.

“We will be marketed globally under a new Trade Queensland banner.”

As well, the Queensland Government will be boosting trade representation in Southern China, the United Arab Emirates and Saudi Arabia to strengthen existing partnerships. Additional export advisers will also be appointed in India, Korea and Vietnam.

Mr Beattie said the international education sector will play an increasingly important role in the Smart State’s exports profile, with knowledge-intensive exports experiencing a 25% growth since 2001.

The International Education and Training Policy Statement – also released today – consolidates Queensland policies including the Smart State Strategy, Queensland Skills Plan and Education and Training Reforms.

The statement aims to guide the growth of the international education industry which is worth more than $1.08 billion each year to the State economy.

“At the heart of this industry are students, teachers and the professions,” said Mr Beattie.

“They drive the internationalisation of our education and training sector, and they also open the doors of future trade.”

The Premier said Queensland’s annual Export Statement highlights a very promising future for exporting the Smart State’s goods and services.

“In 2005-06, Queensland’s overseas exports grew 34% to reach a new record of $35.4 billion,” he said.

“It shows the Smart State is leading Australia as the fastest growing overseas exporter and our position is strengthening.”

Export Week 2006 features presentations by Trade Commissioners, the presentation of the Premier of Queensland’s Export Awards on Thursday night, and seminars, finishing on Friday, October 13.

Trade Commissioners attending represent Europe, The Americas, Japan, India, China, Indonesia, South Korea, Hong Kong and Southern China and Taiwan.

For more information, see www.trade.qld.gov.au

/ends

October 9, 2006

Media Contact: Premier’s Office 3224 4500