Townsville Enterprise, Townsville City Council and key business representatives have welcomed the Korean company, Econetwork to Townsville for an investment mission.
Townsville Enterprise CEO, Claudia Brumme-Smith said this delegation is a direct outcome of the Townsville North Queensland investment mission to South Korea last month.
“The Mayor of Townsville and I had the opportunity to meet with Econetwork when we were in South Korea last month,” said Mrs Brumme-Smith.
“Econetwork is developing large-scale solar plants across the world and is the owner of Korea’s largest solar plant.”
“Given our region’s potential in solar power generation, Econetwork has spent the last four days in Townsville investigating investing in a large-scale solar plant here in Townsville North Queensland.”
“Econetwork is a prime example of how quickly investment interest can result from building relationships and showcasing the potential of our region. We were only in South Korea four weeks ago and it is exciting to be able to keep up momentum and interest.”
Townsville City Council Mayor Jenny Hill said it was fantastic to see Korean company Econetwork visiting Townsville to investigate possible investment opportunities in clean energy.
“With over 300 days of sunshine the potential for large-scale, sun-powered energy production is attractive to companies like Econetwork, operator of the largest solar plant in South Korea,” Cr Hill said.
“Townsville has been the beneficiary of large-scale Korean investment for over 20 years as the home of Korea Zinc’s SunMetals Refinery and Ark Energy, a subsidiary of Korea Zinc.”