Invest News July 2017 - Choose Brisbane


Invest News July 2017

Are you looking to connect on a global scale?

Don’t miss this opportunity to network with more than 1500 international government and business leaders by joining the 2017 Asia Pacific Cities Summit (2017APCS) & Mayors’ Forum from 10 – 13 September in Brisbane’s sister city, Daejeon, Republic of Korea.

The Asia Pacific Cities Summit (APCS) and Mayors’ Forum, an initiative of Brisbane City Council, is renowned for enabling global connections and helping businesses gain entry into key markets and already there are over 100 Brisbane and South East Queensland representatives attending this year’s Summit.

The 2017APCS will transform Daejeon into a global meeting place for the Asia Pacific region, allowing delegates to experience world-class keynote speakers, contribute towards regional policy making, meet international business and city counterparts, engage in tailored programs and be part of driving the Asia Pacific regional dialogue. If you are interested in networking with leaders from across the Asia Pacific region including international and local businesses from a range of sectors, Mayors, CEOs, industry leaders and young professionals, don’t miss this opportunity.

General 2017APCS registrations are open until 26 August and can be completed online through the 2017APCS website. To find out more information about the 2017APCS or to register to attend, please visit the 2017APCS website.

Mantra Richmont Hotel wins building award

Mantra Richmont Hotel

The Mantra Richmont Hotel has won the Tourism and Leisure Facilities over $10 million category for the Brisbane region at the Master Builders Housing & Construction Awards.

The $28 million, 108-room boutique hotel at Spring Hill was officially opened in October 2016 and was the first project undertaken in Australia by Malaysian-based developer Richmont Holdings.

Brisbane Economic Development Agency’s Investment Attraction team worked closely with Richmont Holdings to secure the hotel after making initial contact with them through the Guide to Hotel Investment in Brisbane, which was designed to attract new hotel development in the city.

The win puts the hotel in the running for Master Builders’ Queensland Awards in September, and if successful there, the National Awards in November.

Brisbane’s new runway enters final construction

Brisbane Airport’s new parallel runway is on track to open in 2020 with the award of the Airfield Works contract to Skyway, a joint venture between BMD Construction Pty Ltd and CPB Contractors Pty Limited, a member of the CIMIC Group.

Julieanne Alroe, Brisbane Airport Corporation (BAC) CEO and Managing Director said the announcement marked a significant milestone for the project.

“That Skyway joint venture partners have a long and storied history with Brisbane Airport, and such strong local pedigree, is particularly pleasing,” Ms Alroe said.

“The new runway was the most important piece of aviation infrastructure being built in Queensland and the biggest undertaken by BAC since the airport was privatised in 1997.

“It is a $1.2 to $1.3 billion privately funded investment that, when operational in 2020, will provide unlimited opportunities for the growth of our city, state and, ultimately, our nation.”

BAC’s investment in this final stage of works, including the Airfield Works contract, is worth more than $500 million and will take close to three years to complete.

More information here.

Brisbane’s population and wages on the up

Brisbane City from Wilson's Outlook

Brisbane’s population is growing and wages are higher than the national average, data from the latest Census has revealed.

The city's population has risen by almost 10 per cent in the past five years from 2.07 million to 2.27 million, according to the Census data released last month.

Brisbane is home to almost half of all Queensland residents.

Our city’s growing population was also enjoying higher wages than the average Australian, with the weekly average personal wage in Brisbane sitting at $703 per week, compared to the weekly average personal wage in Australia of $662.

The weekly average family income in Brisbane was $1821, while the weekly average family income in Australia was $1734, the Census data revealed.

More information here.

One month to go until World of Drones Congress

There’s about five weeks left until the inaugural World of Drones Congress takes over the Brisbane Convention & Exhibition Centre from August 31-September 2.

The congress will provide an international forum for everyone concerned with drones – from businesses to governments and investors to enthusiasts.

The event will include a conference, expo, a tournament and drone industry outreach, with speakers including Greater Sydney Commission’s Lucy Turnbull, senior futurist Thomas Frey, Managing Director of Silicon Valley Robotics Andra Keay, founder and CEO of Terra Drone Toru Tokushige, among many others.

There’s still time to register for the full event or for half-day passes.

More from the July edition of the Brisbane Report