Page 10 - BOL Dec 21 Edition

Investors Called to South East

Queensland’s $40 Billion Engine Room

Moreton Bay took a significant step towards doubling its “But at this moment, Moreton Bay has hit the sweet spot in terms
economy and taking its place as Australia’s innovative engine of momentum and potential.
room with the recent launch of its investment attraction
campaign, Invest Moreton Bay. “We are committed to more innovation, more space and more
collaboration to help businesses think bigger, be bolder and
Part of the Moreton Bay Economic Development Team’s award- build brighter,” Peter said.
winning strategy, the campaign targets investors in key priority
industries seeking to harness the power of unrivalled growth “We are often underestimated. But now is the time for Moreton
and unlimited potential. Bay to take its place. What we offer investors isn’t just compelling.
It’s game-changing.”
Moreton Bay Council Mayor Peter Flannery said the region
was at a crossroads moment, offering investors an incredible
opportunity to build a brighter future.

“Moreton Bay has been the engine room of traditional industries
such as manufacturing for decades.

“Our strategic location within 20 minutes of the Brisbane Airport
and under half an hour to the Port of Brisbane and Brisbane’s
CBD creates streamlined, cost efficient logistical pathways and
has underpinned our economic success.

“As Australia’s third largest Council, we have the space, a
talented workforce bolstered by the nation’s newest university
campus and natural resources that other metropolitan business
landscapes just cannot offer,” Peter said. Moreton Bay is home to more businesses with a $2 million or
more turnover than in New South Wales’s northern beaches,
Parramatta, Sunshine Coast and Gold Coast.

It also attracts double the number of annual visitors than tourism
hotspot Noosa.

The Mayor stated that the region’s cutting-edge education
facilities and innovation hubs combined with multi-billion-
dollar projects currently underway across technology,
education, tourism, food and agribusiness, maritime, advanced
manufacturing and transport sectors, make now the time to
invest.

“A precinct like The Mill Priority Development Area in Petrie
offers 460 hectares of potential on the doorstep of Brisbane. We
offer more space and innovation to support digital technology
investments, medical research facilities and advanced
manufacturing operations.

“Plus, our upcoming Olympic Games hosting duties will mean
investors that make a move now will benefit from an estimated
$8.1 billion economic boost for the state of Queensland.