News from Townsville Enterprise
Communique: Singapore Insights Delegation
The inaugural Townsville Enterprise Singapore Insights Delegation has been hailed a major success by delegates, stakeholders and key contributors.
Nineteen local business and industry representatives, including Burdekin Shire Mayor Cr Lyn McLaughlin and Townsville Deputy Mayor Cr Les Walker, participated in the delegation from Monday 4 September to Thursday 7 September.
The delegation consisted of 31 representatives from organisations including Townsville City Council, Burdekin Shire Council, Townsville Enterprise, Townsville Chamber of Commerce, James Cook University, Townsville Airport, Port of Townsville, Mater Health Services NQ, SMEC Australia, Premise Group, CQG Consulting, A Gabrielli Constructions, Property Professionals Australia, Keyes and Co Property, Next Level Land Marketing, Connole Carlisle, Electrotek QLD and Especially Australian.
The official delegation program included a Welcome Reception at the Australian High Commissioner’s residence, a full day ‘Singapore Insights Industries Conference’ at James Cook University’s Singapore campus, an Austcham co-hosted Breakfast, exclusive industry tours to PSA Singapore, SATS, SURF Centre & BASH, a Singapore International Chamber of Commerce Function and a comprehensive Finance & Banking Presentation by key service providers including ANZ, Vistra and Herbert Smith Freehills.
Delegation highlights also included a lunch at Marina Bay Sands, where Mr Trevor Spinks from Scoot Airlines presented relevant industry knowledge on direct flight pathways between Singapore and North Queensland, identifying important benchmarks to reach in the future.
Townsville Enterprise will work with the five regional Council's to further the region’s international competitiveness and allow for increased future economic bilateral partnership in lieu of the Singapore Australia Comprehensive Strategic Partnership (CSP) signed in June 2016.
With a land area of 700 square kilometres, and a population of 5.6 million, Singapore has developed extensive technical solutions for urban planning, public transport and mobility, and has transformed into a competitive economy with regional and global dominance and influence. Australia’s investment relationship with Singapore in 2016 consisted of Australia investing $61.5 billion into Singapore and $98.9 billion from Singapore into Australia.
In follow-up to the delegation program, Townsville North Queensland delegates will endeavour to capitalise upon the many opportunities identified during the four day program. This includes:
- Continuing to develop and establish platforms for bilateral partnership in agreement with key regional stakeholders, initiatives and existing systems/structures
- Furthering the development of a regional agricultural and agri-business plan to increase North Queensland’s export potential
- Work with key government agencies, such as Austrade Singapore, Horticulture Innovation Australia and TIQ, to develop economic bilateral partnerships and sector development plans
- Consideration of Townsville’s Port to accommodate future increases in economic demand
- Work with Townsville Airport in consideration of future air linkage options and vital freight handling infrastructure
- Presenting Townsville North Queensland as a globally competitive region for tourism, education, economic partnerships, trade and investment
- Enhancing the capacity of the region to accommodate and support future Singapore-Australia Defence Force initiatives and activity
While in Singapore, Townsville Enterprise CEO, Patricia O'Callaghan and Director - Policy & Investment, Michael McMillan were interviewed by Singapore media outlet, Sinchew Daily about the extensive bilateral business opportunities between Townsville North Queensland and Southeast Asia. Click here to view the filmed interview and here for the article which can be translated.
Overall, the Singapore Insights Delegation was positive, productive and a resounding success for the Townsville North Queensland region. Delegates have been left inspired by the can-do attitude of the Singaporeans, where lessons were learnt on conducting business with the nation, built upon friendship, trust and goodwill. It is now up to the region to work together on driving the Singapore agenda as a regional entity and follow up the leads out of the delegation. Follow up has already commenced this week as we embark upon a long relationship with Singapore. The real work begins now.