FNQ's Townsville future rests with key Asian markets: ANZ

FNQ's Townsville future rests with key Asian markets: ANZ
FNQ's Townsville future rests with key Asian markets: ANZ

As the major regional centre in Queensland, Townsville has an opportunity to shape a new and sustainable economic future if it can connect to the growing business, trade and investment opportunities in key Asian markets, according to ANZ.

The optimism for Townsville’s farmers and businesses in light of the significant demand from Asia comes as ANZ recently hosted its Opportunity Asia Forum, bringing together local business leaders to discuss the growing export and diversification opportunities for North Queensland into Asia.

ANZ general manager regional business banking Christine Linden said Australia’s reputation for high quality produce and North Queensland’s proximity to Asia gives local business a considerable edge.

“As Asian economies continue to grow and generate demand for a wide range of our goods and services, Australian businesses need to be ready to capitalise on the export opportunity. By sharing industry and sector trends from across the region we work towards cultivating an environment where North Queensland businesses are informed and empowered to look to Asia for real growth,” said Ms Linden.

ANZ regional executive Veronica Kregor said the event came at an time for the region with recent investment announcements including the increase in military spending from the Singapore Government and planned Federal Government rail infrastructure and marine maintenance investments, all pointing to a brighter future.

Tags: 
Townsville Property investment

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