INDUSTRY ENGAGEMENT Townsville Enterprise works with North Queensland’s economic strategic advantages to attract and promote new industry and investment across the region. The organisation engages directly with industry stakeholders, policy makers and local business to target and advocate for new investments that drive jobs, infrastructure and improved revenue flows for the Townsville North Queensland economy.
2019/20 HIGHLIGHTS D evelopment of key investment attraction collateral including Quarterly Economic Snapshot in partnership with AEC and James Cook University. P rovided support for key infrastructure and investment advocacy through the production of economic reports, supplier recommendations, delegations to key political centres, familiarisation tours and introductions to business and political leaders.
CASE STUDY Townsville Enterprise has been a strong advocate and supporter of the Australia-Singapore Military Training Initiative (ASMTI). Under the ASMTI, Singapore will invest in Australia’s development and enhancement of training areas to meet the future needs of the Australian Defence Force and facilitate and increased presence of Singapore Armed Forces Personnel.
With Greenvale, near Townsville, identified as a new training facility, this means a $1B investment in our region. To ensure the economic opportunities of this initiative are realised, Townsville Enterprise hosts the Singapore Economic Development Advisory Committee.
P roduction of Economic Impact Models for informed decision making on private and public developments. E stablishment of local strategic advisory groups that support large scale investment agenda; outcomes include securing Commonwealth grant funding to deliver the Hells Gates Dam Business Case, delivery of the North Queensland Agricultural Market Supply Chain Study (NQAMSCS) and coordination of regional support efforts associated with the realisation of the opening of the Galilee Basin. M onthly regional information release to subscribed members.
Townsville Enterprise Annual Report 2019/20
EMERGING LEADERS PROGRAM The final cohort of the Emerging Leaders Program was also completed with 16 participants successfully graduating and delivering the Stadium Activation Project and the JigSaw Project which had significant community benefit.
has placed upon them, it was agreed to pause the recruitment of the next cohort until economic conditions improve. We are very proud of this Program, the 126 graduates and what it has achieved over the past eight years. We thank all our partners and mentors for their support.
Whilst many businesses are dealing with the economic pressures COVID-19
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