Invest News September 2017
Hilton-LOGOS joint venture to create 500 new jobs
A massive development worth $850 million in economic impact will begin soon in Brisbane, thanks to assistance from Brisbane Economic Development Agency’s Investment Attraction team.
The team worked to secure a joint-venture agreement between Hilton Foods Australia and LOGOS Property Group for the development of a purpose-built meat processing and distribution centre at LOGOS’s Heathwood Logistics Estate.
Lord Mayor Graham Quirk said the project would create 500 new jobs.
“We welcome this investment as another step in the Brisbane 2022 New World City Action Plan, which identifies food and agribusiness as a key growth sector as we continue to build our city’s profile in the Asia Pacific region,” Cr Quirk said.
Hilton and LOGOS will invest about $250 million combined into the development, with construction of the 45,000sq m facility to be completed in the first quarter of 2019.
Hilton is developing the facility into one of the most advanced processing facilities in the world.
Direct flights from Brisbane to Beijing take to the skies
Brisbane has secured its first direct flights from the Chinese capital, with Air China to fly four times a week from Beijing, injecting more than $191 million into the Queensland economy.
Lord Mayor Graham Quirk said securing new direct flights from one of China’s largest markets would provide a boost to tourism and local jobs.
“Brisbane has an increasing amount of leisure and lifestyle opportunities and we look forward to Chinese visitors enjoying everything we have to offer – including our clean and green outdoors, shopping, dining, galleries and hotels,” Cr Quirk said.
“The new Air China flights will also provide more investment and business opportunities and attract more international students, continuing to boost our economy, create more jobs and further position Brisbane as a new world city.”
Brisbane Airport Corporation CEO and Managing Director Julieanne Alroe congratulated the consortium for securing the flights.
“This is another exceptional result for the ‘Connecting with Asia’ Consortium, all of whom are working tirelessly in this space to attract new airlines such as Air China to our city and secure new direct and additional services or capacity on existing routes,” Ms Alroe said.
State Tourism and Major Events Minister Kate Jones said nearly 170,000 passengers would arrive in Queensland over the next four years.
Flights will commence in December 2017.
Lord Mayor returns from business mission
Brisbane Lord Mayor Graham Quirk recently returned from a business mission to China and Korea, where he drove trade and investment opportunities with Brisbane’s Asia Pacific neighbours.
Cr Quirk also attended the 15th Asia Pacific Cities Summit (APCS) in Daejeon with a delegation of over 100 Brisbane industry leaders.
Bringing together more than 1500 business, government and industry leaders from more than 100 Asia Pacific cities, APCS presents Brisbane and Queensland businesses with a unique opportunity to network and grow their business in global markets.
First held in Brisbane in 1996, APCS is an initiative of Brisbane City Council to nurture economic growth and improve governance in Brisbane, South East Queensland, and the Asia Pacific.
Held biennially, the host city alternates between Brisbane and bidding international cities. This year’s APCS coincided with the 15th anniversary of Brisbane’s sister city relationship with Daejeon.
Mirvac chief to address QUT Business Leaders’ Forum
The Chief Executive Officer and Managing Director of property group Mirvac, Susan Lloyd-Hurwitz, will address the final QUT Business Leaders’ Forum for the year on 25 October.
Ms Lloyd-Hurwitz is one of the most influential women in Australian business and will discuss the housing affordability debate, Mirvac’s approach in this and other areas, her personal leadership journey and the moments that have defined her career.
- When: Wednesday, 25 October, 2017, 12-2pm
- Where: The Grand Ballroom, Hilton Brisbane
Book tickets here.
Brisbane continues to break tourism records
Brisbane has received an all-time-high influx of Australian business visitors.
The latest National Visitor Survey from Tourism Australia revealed domestic business visitors climbed a massive 27.5 per cent to a record 1.4 million in the year ending June 2017.
Lord Mayor Graham Quirk said the rise of business visitors reflected Brisbane’s growing reputation as a destination of choice for business, investment and major events.
Read the full article here.
2017 Lord Mayor's Business Awards finalists announced
The finalists for LMBA 2017 have been revealed, with some big names vying for the Port of Brisbane Pty Ltd Award for Investment in Brisbane and the HSBC Award for Doing Business in Asia.
BGI International Pty Ltd, Kinstone Developments, NEXTDC B2 Data Centre, Richmont Hospitality Pty Ltd and Sekisui House – West Village will battle it out in the Investment in Brisbane category, while Brisbane Airport Corporation, EarthCheck Pty Ltd, EM Solutions Pty Ltd, Golden Harvest Grain Exports Pty Ltd and The Faculty of Business, Economics & Law – The University of Queensland have their eyes on the Doing Business in Asia Award.
You can see the full list of finalists across all categories here or secure your table for the gala dinner.
Join the Pacific Alliance Forum
The Pacific Alliance and FIAL invite you to attend an industry briefing session on opportunities to grow trade with The Pacific Alliance countries.
The Pacific Alliance economic trade bloc, comprising of Chile, Colombia, Mexico and Peru, has a combined population of 225 million and accounts for half of Latin America's exports. It generates a third of the region's GDP, making it the eighth largest economy in the world.
Gain in-depth market insights from the Pacific Alliance Trade Commissioners, Ambassadors, government and business representatives to inform and enhance your trade with the region. Topics will include food and agribusiness, industry and services, investment and tourism.
Tickets available here.
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