Brisbane Investment Prospects Highlighted Through UAE Tour

Published April 30th, 2006 - 12:01 GMT
Al Bawaba
Al Bawaba

Investment opportunities in Brisbane, Australia will be showcased by a delegation visiting Bahrain and the UAE from April 21st to May 1st. The team from Velocity Brisbane, the city’s investment attraction agency, will be highlighting a wide range of attractive commercial sectors and the cost-free services it offers to investors wishing to do business there.

During their stay in the UAE, the company representatives will be meeting with hotel and commercial property developers, logistics and aviation industry-related players, perishable goods distributors, leaders in the health sciences industry and others.

“The capital city of Queensland, Brisbane is a modern and sophisticated metropolitan center,” said David Regan, CEO, Velocity Brisbane.

“Queensland’s rate of economic growth has exceeded the rest of Australia’s for 16 of the last 18 years. This has been recognised internationally with Jones Lang LaSalle citing it as an international ‘rising urban star’ and KPMG’s World Winning Cities Report ranking it as the most cost competitive business location in the Asia Pacific region.”


Brisbane is a catalyst of economic growth in Australia, with a pool of talent which continues to rise. This is evidenced by its 2.5% rate of population growth, which is more than double all other capital cities in Australia. It has over 110,000 students enrolled in universities and 14.2% of its workforce holds bachelor’s degrees or higher qualifications, compared to the Australian average of 9.6%.

Brisbane universities offer unique courses focusing on aerospace training and technology, electronic games and entertainment development and medical/pharmaceutical research.

“Brisbane offers a safe and lucrative investment environment in a variety of high growth sectors. We believe that closer trade ties will be mutually beneficial to the economies of the UAE and Brisbane” said Ben Topham, Director of Investment Attraction, Velocity Brisbane.

“Velocity Brisbane can provide potential investors with unparalleled access to data, resources and the right networks in greater Brisbane.

“We work closely with a widespread corporate partnership program, the Queensland State Government and all surrounding shire councils in attracting and facilitating inward-bound investment.

“This level of collaboration between government and private enterprises is unmatched by other cities and states throughout the rest of Australia.

 

 

“The UAE’s business environment is also witnessing a rapid transformation and its reputation for having one of the freest economies in the world makes it an attractive partner for us. Through this visit we hope to establish a strong economic relationship which will last for decades to come.”
Velocity Brisbane:
Velocity Brisbane is Brisbane's investment attraction agency, operating for 20 years. As a unique initiative between the public and private sectors led by the Brisbane City Council, Velocity Brisbane provides you with unparalleled access to data, resources and the right networks in greater Brisbane. Velocity Brisbane’s mission is to encourage economic growth and employment in Brisbane through attracting investment, developing strategic business initiatives and assisting companies establish operations in the greater Brisbane area. Over 2004/2005, Velocity Brisbane created $458 million worth of local, interstate and international investment and over 2,600 new jobs and positions throughout greater Brisbane

Velocity Brisbane services are offered free to encourage companies to seriously consider Brisbane, and to do so unimpaired by costs. Velocity’s role is to provide investors with all the pertinent information required to determine if Brisbane is a match for their potential investment. For more information please visit our website: www.velocitybrisbane.com

 

 

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