report to parliament official mission to korea, china
TRANSCRIPT
Report to Parliament Official Mission to Korea China Hong Kong Indonesia and Singapore 20 July ndash 3 August 2013 The Honourable Tim Nicholls MP Treasurer and Minister for Trade
2
PROGRAM 4
KOREA 17
KOREAOFFICIAL DELEGATION MEMBERS ndash KOREA 18 BUSINESS DELEGATION MEMBERS ndash KOREA 19 TOUR OF CULTURAL SITES 20 MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-
DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA) 21 MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS
ASSOCIATION (SROA) 22 MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE
EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE
OFFICER OF KOREA FINANCE CORPORATION (KOFC) 23 MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS
PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION
(KIC) 24 LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD
OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING
(SAMSUNG CampT) 25 MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK
EXECUTIVE DIRECTOR KOREA ZINC CO LTD 27 ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR 28 MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES
BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS) 29 QUEENSLAND GOVERNMENT RECEPTION SEOUL 30 BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA
WESTERN POWER CORPORATION (KOWEPO) 32 MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF
KOREA RESOURCES CORPORATION (KORES) 33 MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER
SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION 34 DINNER WITH EDUCATION AND MIGRATION INDUSTRY 36 MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO
ENGINEERING amp CONSTRUCTION (POSCO EampC) 37
CHINA 39
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU 40 BUSINESS DELEGATION MEMBERS ndash GUANGZHOU 41 BREAKFAST MEETING WITH KEY CHINESE INVESTORS 43 MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN
AIRLINES 45 QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT
INVESTOR VISAS 46 DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL
GOVERNMENT 47 MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN
HOLDINGS COMPANY LTD 48 QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU 49 MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP
AND PARTNERS 50
HONG KONG 51
OFFICIAL DELEGATION MEMBERS ndash HONG KONG 52 BUSINESS DELEGATION MEMBERS ndash HONG KONG 53
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU 55
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG
INFRASTRUCTURE HOLDINGS LTD (CKI) 56 LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS
ASIA EDGE TV BROADCAST 57 MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP 58 QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG 59
3
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST 60 MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM
INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY
INTERNATIONAL 61 MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF
HONG KONG SAR GOVERNMENT 62 MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED 63
INDONESIA 64
OFFICIAL DELEGATION MEMBERS ndash JAKARTA 65 BUSINESS DELEGATION MEMBERS ndash JAKARTA 66 MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE
REPUBLIC OF INDONESIA 67 MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp
BROTHERS TBK 68 LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ
BUILDING 69 MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO
INDONESIA EMBASSY OF AUSTRALIA 70 QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN
AMBASSADOR TO INDONESIA HE MR GREG MORIARTY 71 MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER
OF GARUDA INDONESIA 72
SINGAPORE 73
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE 74 BUSINESS DELEGATION MEMBERS ndash SINGAPORE 75 QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN
OAM HIGH COMMISSIONER TO SINGAPORE 76 PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS 77 INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS 78 MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND
MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY 80 PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS 81
ATTACHMENT 1 ndash MEDIA RELEASES 82
ATTACHMENT 2 ndash INTERNATIONAL MEDIA 98
ATTACHMENT 3 ndash AUSTRALIAN MEDIA 109
4
PROGRAM
The Honourable Tim Nicholls MP Treasurer and Minister for Tradersquos Mission to Seoul Guangzhou Hong Kong Jakarta and Singapore
20 July ndash 3 August 2013
MISSION OUTLINE
Times in bold indicates local time Times in normal font indicates Brisbane time
Seoul 1 hour behind Brisbane Guangzhou 2 hours behind Brisbane Hong Kong 2 hours behind Brisbane Jakarta 3 hours behind Brisbane Singapore 2 hours behind Brisbane Saturday 20 July 2013 ndash BrisbaneSeoul
825am Depart Brisbane International for Seoul (Direct) Korean Air Flight 124 Travel time 10 hours 10 mins
535pm 635pm
Arrive Seoul
pm Transfer to hotel
pm
Own ArrangementsLiaison time
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Sunday 21 July 2013 ndash Seoul
ampm Own arrangementsLiaison time
930am ndash 1130am 1030am ndash 1230pm
Tour of Cultural Sites Gyeongbok Place Myeong-dong and Lotte Department Store
200pm 300pm
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
300pm ndash 400pm Meeting with Mr Tae Pyong Chang CEO and
5
400pm ndash 500pm
Mr Jong-Dae Lee Vice President of the Korea Racing Authority (KRA) Venue KRA Office Seoul Race Park 685 Gyeongmagongwon-daero 107 Juam-dong Gwacheon-si Gyeonggi-do
Travel to next meeting Travel time 30 mins (Facility tour while moving to SROA on foot)
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Daeseop Chi President of the Seoul Racehorse Owners Association (SROA) Venue Ownerrsquos Enclosure Rosehill and Seoul Racecourse Park 685 Juamdong Gwacheon Gyeonggi-do Korea
Travel to hotel Travel time 1 hour
700pm 800pm
Meet in the Hotel lobby
Travel to restaurant Travel time 30 mins
730pm 830pm
Informal Dinner with Business Delegates including Market Briefing by Dr SangMin Woo Queensland Trade and Investment Commissioner Venue Samwon Garden Address 623-5 Shinsa-dong Gangnam-gu Seoul 135-895
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Monday 22 July 2013 ndash Seoul
800am 900am
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
900am ndash 940am 1000am ndash 1040am
Meeting with Mr Je-Yong Park Chief Executive Officer KTB Private Equity and Mr Young-Wook Chin President and Chief Executive Officer Korea Finance Corporation (KoFC)
Venue Korea Finance Corporation Bldg 16 Yeouido-Dong (22 Eunhaeng-Ro) Yeongdeungpo-Gu Seoul 150-873
Travel to next meeting
6
Travel time 40 mins
1020am ndash 1120am 1120am ndash 1220pm
Meeting with Mr Chong-Suk Choi Chairman of Board of Directors President and CEO Korea Investment Corporation (KIC) Venue State Tower (KIC building) Address 18F State Tower Namsan 100 Toegye-ro Jung-gu Seoul 100-052
Travel to next meeting Travel time 1 hour 10 mins
1230pm ndash 200pm 130pm ndash 300pm
Lunch Meeting with Mr Hyung-kyu Kang Executive Vice President Head of Global Marketing Division Samsung Construction and Trading (Samsung CampT) Venue 33 F Board Room and Dinning Room Samsung CampT BD 1321-20 Seocho 2- Dong Seocho-gu Seoul 137-956
Travel to next meeting Travel time 30 mins
230pm ndash 315pm 330pm ndash 415pm
Meeting with Mr Eui Ryung Lee Vice Chairman and Mr Ki-Duck Park Executive Director of Korea Zinc Venue 14 F Korea Zinc headquarters YoungPoong BD 142 Non-hyun-dong Gangnam-gu Seoul 135-749
315pm 415pm
Travel to Hotel Travel time 30 mins
400pm ndash 500pm 500pm ndash 600pm
Energy amp Infrastructure Opportunities in Queensland Seminar Venue Vivace Room B1 Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul
500pm ndash 600pm 600pm ndash 700pm
Own arrangementsLiaison time
600pm ndash 620pm 700pm ndash 720pm
Pre-Reception Meeting with Mr Young-Sik Kwon Executive Vice President Resources Business Division Korea Gas Corporation (KOGAS) Venue 2
nd F Board Room of Business Center Seoul COEX
Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
630pm ndash 900pm 730pm ndash 1000pm
Queensland Government Reception Venue Diamond Room B1 COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
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86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
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90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
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94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
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-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
~-il-t~~t~g-t-Tijllmiddot-ti~middot ~-1ft 11-tfl-j~~~~ ~Cl~t-=t~~Q
=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
tJH~llll i~t -~t olltY-IlUi9tl~~middot~ wrt if~UPI ifi~ t~llllim Pacnru iU itlltlili bullllgtlo ~~~~VItltgtlil~~qJ IH-tiltgtll~~lllq ~ ~~ltJoc-loJi 7J~HIltt-ltIlt~ISt lt~
~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
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~ilbullllt~1tcr~Ulaquoet
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11~1 rampIAt-~Zitt~(~tJ-M~ MOJeshy1111lt~ ~ bull -middotmiddot ~~SJII t=ftl ili ~tAR ~J ~IS iJ4at ~7115Al _Q- -2l ol--8-o~~~P- lll~t il ~ltgt11 tigtlftil at = -1-J~ At1 t-Q~gtGfHJ Efgtl oi~ rj ltffl~iltJlmiddotl tt ~~1j~oJ1fl4tlif~cd)~I45Jl -sect
01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
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Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
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Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
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Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
2
PROGRAM 4
KOREA 17
KOREAOFFICIAL DELEGATION MEMBERS ndash KOREA 18 BUSINESS DELEGATION MEMBERS ndash KOREA 19 TOUR OF CULTURAL SITES 20 MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-
DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA) 21 MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS
ASSOCIATION (SROA) 22 MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE
EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE
OFFICER OF KOREA FINANCE CORPORATION (KOFC) 23 MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS
PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION
(KIC) 24 LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD
OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING
(SAMSUNG CampT) 25 MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK
EXECUTIVE DIRECTOR KOREA ZINC CO LTD 27 ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR 28 MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES
BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS) 29 QUEENSLAND GOVERNMENT RECEPTION SEOUL 30 BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA
WESTERN POWER CORPORATION (KOWEPO) 32 MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF
KOREA RESOURCES CORPORATION (KORES) 33 MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER
SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION 34 DINNER WITH EDUCATION AND MIGRATION INDUSTRY 36 MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO
ENGINEERING amp CONSTRUCTION (POSCO EampC) 37
CHINA 39
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU 40 BUSINESS DELEGATION MEMBERS ndash GUANGZHOU 41 BREAKFAST MEETING WITH KEY CHINESE INVESTORS 43 MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN
AIRLINES 45 QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT
INVESTOR VISAS 46 DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL
GOVERNMENT 47 MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN
HOLDINGS COMPANY LTD 48 QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU 49 MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP
AND PARTNERS 50
HONG KONG 51
OFFICIAL DELEGATION MEMBERS ndash HONG KONG 52 BUSINESS DELEGATION MEMBERS ndash HONG KONG 53
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU 55
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG
INFRASTRUCTURE HOLDINGS LTD (CKI) 56 LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS
ASIA EDGE TV BROADCAST 57 MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP 58 QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG 59
3
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST 60 MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM
INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY
INTERNATIONAL 61 MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF
HONG KONG SAR GOVERNMENT 62 MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED 63
INDONESIA 64
OFFICIAL DELEGATION MEMBERS ndash JAKARTA 65 BUSINESS DELEGATION MEMBERS ndash JAKARTA 66 MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE
REPUBLIC OF INDONESIA 67 MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp
BROTHERS TBK 68 LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ
BUILDING 69 MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO
INDONESIA EMBASSY OF AUSTRALIA 70 QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN
AMBASSADOR TO INDONESIA HE MR GREG MORIARTY 71 MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER
OF GARUDA INDONESIA 72
SINGAPORE 73
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE 74 BUSINESS DELEGATION MEMBERS ndash SINGAPORE 75 QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN
OAM HIGH COMMISSIONER TO SINGAPORE 76 PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS 77 INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS 78 MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND
MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY 80 PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS 81
ATTACHMENT 1 ndash MEDIA RELEASES 82
ATTACHMENT 2 ndash INTERNATIONAL MEDIA 98
ATTACHMENT 3 ndash AUSTRALIAN MEDIA 109
4
PROGRAM
The Honourable Tim Nicholls MP Treasurer and Minister for Tradersquos Mission to Seoul Guangzhou Hong Kong Jakarta and Singapore
20 July ndash 3 August 2013
MISSION OUTLINE
Times in bold indicates local time Times in normal font indicates Brisbane time
Seoul 1 hour behind Brisbane Guangzhou 2 hours behind Brisbane Hong Kong 2 hours behind Brisbane Jakarta 3 hours behind Brisbane Singapore 2 hours behind Brisbane Saturday 20 July 2013 ndash BrisbaneSeoul
825am Depart Brisbane International for Seoul (Direct) Korean Air Flight 124 Travel time 10 hours 10 mins
535pm 635pm
Arrive Seoul
pm Transfer to hotel
pm
Own ArrangementsLiaison time
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Sunday 21 July 2013 ndash Seoul
ampm Own arrangementsLiaison time
930am ndash 1130am 1030am ndash 1230pm
Tour of Cultural Sites Gyeongbok Place Myeong-dong and Lotte Department Store
200pm 300pm
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
300pm ndash 400pm Meeting with Mr Tae Pyong Chang CEO and
5
400pm ndash 500pm
Mr Jong-Dae Lee Vice President of the Korea Racing Authority (KRA) Venue KRA Office Seoul Race Park 685 Gyeongmagongwon-daero 107 Juam-dong Gwacheon-si Gyeonggi-do
Travel to next meeting Travel time 30 mins (Facility tour while moving to SROA on foot)
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Daeseop Chi President of the Seoul Racehorse Owners Association (SROA) Venue Ownerrsquos Enclosure Rosehill and Seoul Racecourse Park 685 Juamdong Gwacheon Gyeonggi-do Korea
Travel to hotel Travel time 1 hour
700pm 800pm
Meet in the Hotel lobby
Travel to restaurant Travel time 30 mins
730pm 830pm
Informal Dinner with Business Delegates including Market Briefing by Dr SangMin Woo Queensland Trade and Investment Commissioner Venue Samwon Garden Address 623-5 Shinsa-dong Gangnam-gu Seoul 135-895
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Monday 22 July 2013 ndash Seoul
800am 900am
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
900am ndash 940am 1000am ndash 1040am
Meeting with Mr Je-Yong Park Chief Executive Officer KTB Private Equity and Mr Young-Wook Chin President and Chief Executive Officer Korea Finance Corporation (KoFC)
Venue Korea Finance Corporation Bldg 16 Yeouido-Dong (22 Eunhaeng-Ro) Yeongdeungpo-Gu Seoul 150-873
Travel to next meeting
6
Travel time 40 mins
1020am ndash 1120am 1120am ndash 1220pm
Meeting with Mr Chong-Suk Choi Chairman of Board of Directors President and CEO Korea Investment Corporation (KIC) Venue State Tower (KIC building) Address 18F State Tower Namsan 100 Toegye-ro Jung-gu Seoul 100-052
Travel to next meeting Travel time 1 hour 10 mins
1230pm ndash 200pm 130pm ndash 300pm
Lunch Meeting with Mr Hyung-kyu Kang Executive Vice President Head of Global Marketing Division Samsung Construction and Trading (Samsung CampT) Venue 33 F Board Room and Dinning Room Samsung CampT BD 1321-20 Seocho 2- Dong Seocho-gu Seoul 137-956
Travel to next meeting Travel time 30 mins
230pm ndash 315pm 330pm ndash 415pm
Meeting with Mr Eui Ryung Lee Vice Chairman and Mr Ki-Duck Park Executive Director of Korea Zinc Venue 14 F Korea Zinc headquarters YoungPoong BD 142 Non-hyun-dong Gangnam-gu Seoul 135-749
315pm 415pm
Travel to Hotel Travel time 30 mins
400pm ndash 500pm 500pm ndash 600pm
Energy amp Infrastructure Opportunities in Queensland Seminar Venue Vivace Room B1 Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul
500pm ndash 600pm 600pm ndash 700pm
Own arrangementsLiaison time
600pm ndash 620pm 700pm ndash 720pm
Pre-Reception Meeting with Mr Young-Sik Kwon Executive Vice President Resources Business Division Korea Gas Corporation (KOGAS) Venue 2
nd F Board Room of Business Center Seoul COEX
Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
630pm ndash 900pm 730pm ndash 1000pm
Queensland Government Reception Venue Diamond Room B1 COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
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-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
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01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
3
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST 60 MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM
INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY
INTERNATIONAL 61 MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF
HONG KONG SAR GOVERNMENT 62 MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED 63
INDONESIA 64
OFFICIAL DELEGATION MEMBERS ndash JAKARTA 65 BUSINESS DELEGATION MEMBERS ndash JAKARTA 66 MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE
REPUBLIC OF INDONESIA 67 MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp
BROTHERS TBK 68 LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ
BUILDING 69 MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO
INDONESIA EMBASSY OF AUSTRALIA 70 QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN
AMBASSADOR TO INDONESIA HE MR GREG MORIARTY 71 MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER
OF GARUDA INDONESIA 72
SINGAPORE 73
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE 74 BUSINESS DELEGATION MEMBERS ndash SINGAPORE 75 QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN
OAM HIGH COMMISSIONER TO SINGAPORE 76 PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS 77 INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS 78 MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND
MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY 80 PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS 81
ATTACHMENT 1 ndash MEDIA RELEASES 82
ATTACHMENT 2 ndash INTERNATIONAL MEDIA 98
ATTACHMENT 3 ndash AUSTRALIAN MEDIA 109
4
PROGRAM
The Honourable Tim Nicholls MP Treasurer and Minister for Tradersquos Mission to Seoul Guangzhou Hong Kong Jakarta and Singapore
20 July ndash 3 August 2013
MISSION OUTLINE
Times in bold indicates local time Times in normal font indicates Brisbane time
Seoul 1 hour behind Brisbane Guangzhou 2 hours behind Brisbane Hong Kong 2 hours behind Brisbane Jakarta 3 hours behind Brisbane Singapore 2 hours behind Brisbane Saturday 20 July 2013 ndash BrisbaneSeoul
825am Depart Brisbane International for Seoul (Direct) Korean Air Flight 124 Travel time 10 hours 10 mins
535pm 635pm
Arrive Seoul
pm Transfer to hotel
pm
Own ArrangementsLiaison time
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Sunday 21 July 2013 ndash Seoul
ampm Own arrangementsLiaison time
930am ndash 1130am 1030am ndash 1230pm
Tour of Cultural Sites Gyeongbok Place Myeong-dong and Lotte Department Store
200pm 300pm
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
300pm ndash 400pm Meeting with Mr Tae Pyong Chang CEO and
5
400pm ndash 500pm
Mr Jong-Dae Lee Vice President of the Korea Racing Authority (KRA) Venue KRA Office Seoul Race Park 685 Gyeongmagongwon-daero 107 Juam-dong Gwacheon-si Gyeonggi-do
Travel to next meeting Travel time 30 mins (Facility tour while moving to SROA on foot)
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Daeseop Chi President of the Seoul Racehorse Owners Association (SROA) Venue Ownerrsquos Enclosure Rosehill and Seoul Racecourse Park 685 Juamdong Gwacheon Gyeonggi-do Korea
Travel to hotel Travel time 1 hour
700pm 800pm
Meet in the Hotel lobby
Travel to restaurant Travel time 30 mins
730pm 830pm
Informal Dinner with Business Delegates including Market Briefing by Dr SangMin Woo Queensland Trade and Investment Commissioner Venue Samwon Garden Address 623-5 Shinsa-dong Gangnam-gu Seoul 135-895
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Monday 22 July 2013 ndash Seoul
800am 900am
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
900am ndash 940am 1000am ndash 1040am
Meeting with Mr Je-Yong Park Chief Executive Officer KTB Private Equity and Mr Young-Wook Chin President and Chief Executive Officer Korea Finance Corporation (KoFC)
Venue Korea Finance Corporation Bldg 16 Yeouido-Dong (22 Eunhaeng-Ro) Yeongdeungpo-Gu Seoul 150-873
Travel to next meeting
6
Travel time 40 mins
1020am ndash 1120am 1120am ndash 1220pm
Meeting with Mr Chong-Suk Choi Chairman of Board of Directors President and CEO Korea Investment Corporation (KIC) Venue State Tower (KIC building) Address 18F State Tower Namsan 100 Toegye-ro Jung-gu Seoul 100-052
Travel to next meeting Travel time 1 hour 10 mins
1230pm ndash 200pm 130pm ndash 300pm
Lunch Meeting with Mr Hyung-kyu Kang Executive Vice President Head of Global Marketing Division Samsung Construction and Trading (Samsung CampT) Venue 33 F Board Room and Dinning Room Samsung CampT BD 1321-20 Seocho 2- Dong Seocho-gu Seoul 137-956
Travel to next meeting Travel time 30 mins
230pm ndash 315pm 330pm ndash 415pm
Meeting with Mr Eui Ryung Lee Vice Chairman and Mr Ki-Duck Park Executive Director of Korea Zinc Venue 14 F Korea Zinc headquarters YoungPoong BD 142 Non-hyun-dong Gangnam-gu Seoul 135-749
315pm 415pm
Travel to Hotel Travel time 30 mins
400pm ndash 500pm 500pm ndash 600pm
Energy amp Infrastructure Opportunities in Queensland Seminar Venue Vivace Room B1 Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul
500pm ndash 600pm 600pm ndash 700pm
Own arrangementsLiaison time
600pm ndash 620pm 700pm ndash 720pm
Pre-Reception Meeting with Mr Young-Sik Kwon Executive Vice President Resources Business Division Korea Gas Corporation (KOGAS) Venue 2
nd F Board Room of Business Center Seoul COEX
Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
630pm ndash 900pm 730pm ndash 1000pm
Queensland Government Reception Venue Diamond Room B1 COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
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01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
4
PROGRAM
The Honourable Tim Nicholls MP Treasurer and Minister for Tradersquos Mission to Seoul Guangzhou Hong Kong Jakarta and Singapore
20 July ndash 3 August 2013
MISSION OUTLINE
Times in bold indicates local time Times in normal font indicates Brisbane time
Seoul 1 hour behind Brisbane Guangzhou 2 hours behind Brisbane Hong Kong 2 hours behind Brisbane Jakarta 3 hours behind Brisbane Singapore 2 hours behind Brisbane Saturday 20 July 2013 ndash BrisbaneSeoul
825am Depart Brisbane International for Seoul (Direct) Korean Air Flight 124 Travel time 10 hours 10 mins
535pm 635pm
Arrive Seoul
pm Transfer to hotel
pm
Own ArrangementsLiaison time
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Sunday 21 July 2013 ndash Seoul
ampm Own arrangementsLiaison time
930am ndash 1130am 1030am ndash 1230pm
Tour of Cultural Sites Gyeongbok Place Myeong-dong and Lotte Department Store
200pm 300pm
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
300pm ndash 400pm Meeting with Mr Tae Pyong Chang CEO and
5
400pm ndash 500pm
Mr Jong-Dae Lee Vice President of the Korea Racing Authority (KRA) Venue KRA Office Seoul Race Park 685 Gyeongmagongwon-daero 107 Juam-dong Gwacheon-si Gyeonggi-do
Travel to next meeting Travel time 30 mins (Facility tour while moving to SROA on foot)
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Daeseop Chi President of the Seoul Racehorse Owners Association (SROA) Venue Ownerrsquos Enclosure Rosehill and Seoul Racecourse Park 685 Juamdong Gwacheon Gyeonggi-do Korea
Travel to hotel Travel time 1 hour
700pm 800pm
Meet in the Hotel lobby
Travel to restaurant Travel time 30 mins
730pm 830pm
Informal Dinner with Business Delegates including Market Briefing by Dr SangMin Woo Queensland Trade and Investment Commissioner Venue Samwon Garden Address 623-5 Shinsa-dong Gangnam-gu Seoul 135-895
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Monday 22 July 2013 ndash Seoul
800am 900am
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
900am ndash 940am 1000am ndash 1040am
Meeting with Mr Je-Yong Park Chief Executive Officer KTB Private Equity and Mr Young-Wook Chin President and Chief Executive Officer Korea Finance Corporation (KoFC)
Venue Korea Finance Corporation Bldg 16 Yeouido-Dong (22 Eunhaeng-Ro) Yeongdeungpo-Gu Seoul 150-873
Travel to next meeting
6
Travel time 40 mins
1020am ndash 1120am 1120am ndash 1220pm
Meeting with Mr Chong-Suk Choi Chairman of Board of Directors President and CEO Korea Investment Corporation (KIC) Venue State Tower (KIC building) Address 18F State Tower Namsan 100 Toegye-ro Jung-gu Seoul 100-052
Travel to next meeting Travel time 1 hour 10 mins
1230pm ndash 200pm 130pm ndash 300pm
Lunch Meeting with Mr Hyung-kyu Kang Executive Vice President Head of Global Marketing Division Samsung Construction and Trading (Samsung CampT) Venue 33 F Board Room and Dinning Room Samsung CampT BD 1321-20 Seocho 2- Dong Seocho-gu Seoul 137-956
Travel to next meeting Travel time 30 mins
230pm ndash 315pm 330pm ndash 415pm
Meeting with Mr Eui Ryung Lee Vice Chairman and Mr Ki-Duck Park Executive Director of Korea Zinc Venue 14 F Korea Zinc headquarters YoungPoong BD 142 Non-hyun-dong Gangnam-gu Seoul 135-749
315pm 415pm
Travel to Hotel Travel time 30 mins
400pm ndash 500pm 500pm ndash 600pm
Energy amp Infrastructure Opportunities in Queensland Seminar Venue Vivace Room B1 Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul
500pm ndash 600pm 600pm ndash 700pm
Own arrangementsLiaison time
600pm ndash 620pm 700pm ndash 720pm
Pre-Reception Meeting with Mr Young-Sik Kwon Executive Vice President Resources Business Division Korea Gas Corporation (KOGAS) Venue 2
nd F Board Room of Business Center Seoul COEX
Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
630pm ndash 900pm 730pm ndash 1000pm
Queensland Government Reception Venue Diamond Room B1 COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
~ jGjmiddot~~- ~AtiC ~ $1-~7~~~ ~l-1 it~ -tA~ )ao ~gt Al-li-i- ~lJI-J -~I Lj
-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
~-il-t~~t~g-t-Tijllmiddot-ti~middot ~-1ft 11-tfl-j~~~~ ~Cl~t-=t~~Q
=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
tJH~llll i~t -~t olltY-IlUi9tl~~middot~ wrt if~UPI ifi~ t~llllim Pacnru iU itlltlili bullllgtlo ~~~~VItltgtlil~~qJ IH-tiltgtll~~lllq ~ ~~ltJoc-loJi 7J~HIltt-ltIlt~ISt lt~
~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
gtflf~lliL1tl~iJ=EIjAiit~RU~~l 7ltl01cliiplusmn11~~11JPl-~ ~middotgtIll oJ-=-Ft1 ~ ~ltmEoll lftmiddot~~~~~~~ol plol~t
~ilbullllt~1tcr~Ulaquoet
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11~1 rampIAt-~Zitt~(~tJ-M~ MOJeshy1111lt~ ~ bull -middotmiddot ~~SJII t=ftl ili ~tAR ~J ~IS iJ4at ~7115Al _Q- -2l ol--8-o~~~P- lll~t il ~ltgt11 tigtlftil at = -1-J~ At1 t-Q~gtGfHJ Efgtl oi~ rj ltffl~iltJlmiddotl tt ~~1j~oJ1fl4tlif~cd)~I45Jl -sect
01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
5
400pm ndash 500pm
Mr Jong-Dae Lee Vice President of the Korea Racing Authority (KRA) Venue KRA Office Seoul Race Park 685 Gyeongmagongwon-daero 107 Juam-dong Gwacheon-si Gyeonggi-do
Travel to next meeting Travel time 30 mins (Facility tour while moving to SROA on foot)
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Daeseop Chi President of the Seoul Racehorse Owners Association (SROA) Venue Ownerrsquos Enclosure Rosehill and Seoul Racecourse Park 685 Juamdong Gwacheon Gyeonggi-do Korea
Travel to hotel Travel time 1 hour
700pm 800pm
Meet in the Hotel lobby
Travel to restaurant Travel time 30 mins
730pm 830pm
Informal Dinner with Business Delegates including Market Briefing by Dr SangMin Woo Queensland Trade and Investment Commissioner Venue Samwon Garden Address 623-5 Shinsa-dong Gangnam-gu Seoul 135-895
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Monday 22 July 2013 ndash Seoul
800am 900am
Meet in the Hotel lobby
Travel to meeting Travel time 1 hour
900am ndash 940am 1000am ndash 1040am
Meeting with Mr Je-Yong Park Chief Executive Officer KTB Private Equity and Mr Young-Wook Chin President and Chief Executive Officer Korea Finance Corporation (KoFC)
Venue Korea Finance Corporation Bldg 16 Yeouido-Dong (22 Eunhaeng-Ro) Yeongdeungpo-Gu Seoul 150-873
Travel to next meeting
6
Travel time 40 mins
1020am ndash 1120am 1120am ndash 1220pm
Meeting with Mr Chong-Suk Choi Chairman of Board of Directors President and CEO Korea Investment Corporation (KIC) Venue State Tower (KIC building) Address 18F State Tower Namsan 100 Toegye-ro Jung-gu Seoul 100-052
Travel to next meeting Travel time 1 hour 10 mins
1230pm ndash 200pm 130pm ndash 300pm
Lunch Meeting with Mr Hyung-kyu Kang Executive Vice President Head of Global Marketing Division Samsung Construction and Trading (Samsung CampT) Venue 33 F Board Room and Dinning Room Samsung CampT BD 1321-20 Seocho 2- Dong Seocho-gu Seoul 137-956
Travel to next meeting Travel time 30 mins
230pm ndash 315pm 330pm ndash 415pm
Meeting with Mr Eui Ryung Lee Vice Chairman and Mr Ki-Duck Park Executive Director of Korea Zinc Venue 14 F Korea Zinc headquarters YoungPoong BD 142 Non-hyun-dong Gangnam-gu Seoul 135-749
315pm 415pm
Travel to Hotel Travel time 30 mins
400pm ndash 500pm 500pm ndash 600pm
Energy amp Infrastructure Opportunities in Queensland Seminar Venue Vivace Room B1 Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul
500pm ndash 600pm 600pm ndash 700pm
Own arrangementsLiaison time
600pm ndash 620pm 700pm ndash 720pm
Pre-Reception Meeting with Mr Young-Sik Kwon Executive Vice President Resources Business Division Korea Gas Corporation (KOGAS) Venue 2
nd F Board Room of Business Center Seoul COEX
Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
630pm ndash 900pm 730pm ndash 1000pm
Queensland Government Reception Venue Diamond Room B1 COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
~ jGjmiddot~~- ~AtiC ~ $1-~7~~~ ~l-1 it~ -tA~ )ao ~gt Al-li-i- ~lJI-J -~I Lj
-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
~-il-t~~t~g-t-Tijllmiddot-ti~middot ~-1ft 11-tfl-j~~~~ ~Cl~t-=t~~Q
=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
tJH~llll i~t -~t olltY-IlUi9tl~~middot~ wrt if~UPI ifi~ t~llllim Pacnru iU itlltlili bullllgtlo ~~~~VItltgtlil~~qJ IH-tiltgtll~~lllq ~ ~~ltJoc-loJi 7J~HIltt-ltIlt~ISt lt~
~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
gtflf~lliL1tl~iJ=EIjAiit~RU~~l 7ltl01cliiplusmn11~~11JPl-~ ~middotgtIll oJ-=-Ft1 ~ ~ltmEoll lftmiddot~~~~~~~ol plol~t
~ilbullllt~1tcr~Ulaquoet
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11~1 rampIAt-~Zitt~(~tJ-M~ MOJeshy1111lt~ ~ bull -middotmiddot ~~SJII t=ftl ili ~tAR ~J ~IS iJ4at ~7115Al _Q- -2l ol--8-o~~~P- lll~t il ~ltgt11 tigtlftil at = -1-J~ At1 t-Q~gtGfHJ Efgtl oi~ rj ltffl~iltJlmiddotl tt ~~1j~oJ1fl4tlif~cd)~I45Jl -sect
01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
6
Travel time 40 mins
1020am ndash 1120am 1120am ndash 1220pm
Meeting with Mr Chong-Suk Choi Chairman of Board of Directors President and CEO Korea Investment Corporation (KIC) Venue State Tower (KIC building) Address 18F State Tower Namsan 100 Toegye-ro Jung-gu Seoul 100-052
Travel to next meeting Travel time 1 hour 10 mins
1230pm ndash 200pm 130pm ndash 300pm
Lunch Meeting with Mr Hyung-kyu Kang Executive Vice President Head of Global Marketing Division Samsung Construction and Trading (Samsung CampT) Venue 33 F Board Room and Dinning Room Samsung CampT BD 1321-20 Seocho 2- Dong Seocho-gu Seoul 137-956
Travel to next meeting Travel time 30 mins
230pm ndash 315pm 330pm ndash 415pm
Meeting with Mr Eui Ryung Lee Vice Chairman and Mr Ki-Duck Park Executive Director of Korea Zinc Venue 14 F Korea Zinc headquarters YoungPoong BD 142 Non-hyun-dong Gangnam-gu Seoul 135-749
315pm 415pm
Travel to Hotel Travel time 30 mins
400pm ndash 500pm 500pm ndash 600pm
Energy amp Infrastructure Opportunities in Queensland Seminar Venue Vivace Room B1 Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul
500pm ndash 600pm 600pm ndash 700pm
Own arrangementsLiaison time
600pm ndash 620pm 700pm ndash 720pm
Pre-Reception Meeting with Mr Young-Sik Kwon Executive Vice President Resources Business Division Korea Gas Corporation (KOGAS) Venue 2
nd F Board Room of Business Center Seoul COEX
Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
630pm ndash 900pm 730pm ndash 1000pm
Queensland Government Reception Venue Diamond Room B1 COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
~ jGjmiddot~~- ~AtiC ~ $1-~7~~~ ~l-1 it~ -tA~ )ao ~gt Al-li-i- ~lJI-J -~I Lj
-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
~-il-t~~t~g-t-Tijllmiddot-ti~middot ~-1ft 11-tfl-j~~~~ ~Cl~t-=t~~Q
=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
tJH~llll i~t -~t olltY-IlUi9tl~~middot~ wrt if~UPI ifi~ t~llllim Pacnru iU itlltlili bullllgtlo ~~~~VItltgtlil~~qJ IH-tiltgtll~~lllq ~ ~~ltJoc-loJi 7J~HIltt-ltIlt~ISt lt~
~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
gtflf~lliL1tl~iJ=EIjAiit~RU~~l 7ltl01cliiplusmn11~~11JPl-~ ~middotgtIll oJ-=-Ft1 ~ ~ltmEoll lftmiddot~~~~~~~ol plol~t
~ilbullllt~1tcr~Ulaquoet
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11~1 rampIAt-~Zitt~(~tJ-M~ MOJeshy1111lt~ ~ bull -middotmiddot ~~SJII t=ftl ili ~tAR ~J ~IS iJ4at ~7115Al _Q- -2l ol--8-o~~~P- lll~t il ~ltgt11 tigtlftil at = -1-J~ At1 t-Q~gtGfHJ Efgtl oi~ rj ltffl~iltJlmiddotl tt ~~1j~oJ1fl4tlif~cd)~I45Jl -sect
01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
7
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
Tuesday 23 July 2013 ndash Seoul
800am ndash 910am 900am ndash 1010am
Breakfast meeting with Mr Moon Duk Kim Chief Executive Officer Korea Western Power Co Ltd (KOWEPO) Venue Mercury Room 30F COEX Intercontinental Hotel 524 Bonguensa-ro Gangnam-gu Seoul 135-975
1030am ndash 1130am 1130am ndash 1230pm
Visit Trade and Investment Queensland Korea Office Venue 16
th Floor Gangnam Finance Centre
737 Yeoksam-dong Gangnam-gu Seoul
130pm 230pm
Travel to next meeting Travel time 1 hour
230pm ndash 330pm 330pm ndash 430pm
Meeting with Mr Jung-Sik Koh President and CEO of Korea Resources Corporation (KORES) Venue 2
nd F KORES office 606 Siheung-daero Dongjak-gu
Seoul 156-706
330pm ndash 430pm 430pm ndash 530pm
Travel to next meeting Travel time 1 hour
430pm ndash 530pm 530pm ndash 630pm
Meeting with Mr Sung Hwan Moon President amp CEO of Samyang Corp and President amp CEO of Samyang Genex Venue 11 F Samyang headquarters 31 Jongno 33-gil Jongno-gu Seoul 110-725
530pm 630pm
Travel to hotel Travel time 1 hour
700pm ndash 830pm 800pm ndash 930pm
Dinner with Education and Migration industry Venue Apollo room 30
th Floor COEX Intercontinental Hotel
Overnight Seoul COEX Intercontinental Hotel 524 Bongeunsaro Gangnam-gu Seoul 135-975 Korea Republic Of
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
~ jGjmiddot~~- ~AtiC ~ $1-~7~~~ ~l-1 it~ -tA~ )ao ~gt Al-li-i- ~lJI-J -~I Lj
-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
~-il-t~~t~g-t-Tijllmiddot-ti~middot ~-1ft 11-tfl-j~~~~ ~Cl~t-=t~~Q
=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
tJH~llll i~t -~t olltY-IlUi9tl~~middot~ wrt if~UPI ifi~ t~llllim Pacnru iU itlltlili bullllgtlo ~~~~VItltgtlil~~qJ IH-tiltgtll~~lllq ~ ~~ltJoc-loJi 7J~HIltt-ltIlt~ISt lt~
~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
gtflf~lliL1tl~iJ=EIjAiit~RU~~l 7ltl01cliiplusmn11~~11JPl-~ ~middotgtIll oJ-=-Ft1 ~ ~ltmEoll lftmiddot~~~~~~~ol plol~t
~ilbullllt~1tcr~Ulaquoet
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11~1 rampIAt-~Zitt~(~tJ-M~ MOJeshy1111lt~ ~ bull -middotmiddot ~~SJII t=ftl ili ~tAR ~J ~IS iJ4at ~7115Al _Q- -2l ol--8-o~~~P- lll~t il ~ltgt11 tigtlftil at = -1-J~ At1 t-Q~gtGfHJ Efgtl oi~ rj ltffl~iltJlmiddotl tt ~~1j~oJ1fl4tlif~cd)~I45Jl -sect
01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
8
Wednesday 24 July 2013 ndash SeoulGuangzhou
730am 830am
Checkout of Hotel
800am ndash 930am 900am ndash 1030am
Travel to next meeting Travel time 1 hour 30 mins
930am ndash 1030am 1030am ndash 1130am
Meeting with Mr Yong-il Lee Executive Vice President POSCO EampC (at Incheon) Venue POSCO EampC office 2
nd F POSCO EampC Tower 1
36 Songdo-Dong Yeonsu-Gu Incheon 406-732
1100am ndash 1130am 1200noon ndash 1230pm
Travel to airport Travel time 30 mins
155pm 255pm
Depart Seoul for Guangzhou (Direct) Korean Air Flight 5815 operated by China Southern Airlines Travel time 4 h 5 m
500pm 700pm
Arrive Guangzhou
pm Transfer to hotel Travel time 1 h
pm Own arrangementsLiaison time
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Thursday 25 July 2013 ndash Guangzhou
800am ndash 930am 1000am ndash 1130am
Breakfast Meeting with Key Investors including Guangdong Rising Asset Management Co Ltd (GRAM) Nonfemet Ridong and Yuedian Venue Salon I 3
rd Floor Grand Hyatt Hotel Guangzhou
945am 1145am
Travel to next meeting Travel time 30 m
1030am ndash 1130am 1230pm ndash 130pm
Meeting with China Southern Airlines
pm
Return to hotel Travel time 30 m
1200noon ndash 245pm 200pm ndash 445pm
Own arrangementsLiaison time
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
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01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
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Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
9
300pm ndash 400pm 500pm ndash 600pm
Queensland Investment Seminar targeted to Business Migration and Significant Investor Visas (SIV) followed by Networking Opportunities Venue Boardroom III 3
rd Floor Grand Hyatt Hotel Guangzhou
400pm ndash 500pm 600pm ndash 700pm
Own arrangementsLiaison time
500pm 700pm
Travel to next meeting Travel time 40 m
530pm ndash 900pm 530pm ndash 1100pm
Dinner hosted by the Vice Governor of the Guangdong Provincial Government Venue Protocol Room 45 Shamian St Liwan District (Government Precinct Restaurant)
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Friday 26 July 2013 ndash GuangzhouFoshanGuangzhou
800am 1000am
Travel to meeting Travel time 1 h
900am ndash 1030am 1100am ndash 1230pm
Meeting with Country Garden
Venue Country Garden Head Office Country Garden Beijiao Town Shunde District Foshan City
1030am ndash 1130am 1230pm ndash 130pm
Return to Hotel Travel time 1 h
1200noon ndash 200pm 200pm ndash 400pm
Queensland Government Reception Venue Ballroom III 3
rd Floor Hotel Grand Hyatt Guangzhou
200pm ndash 330pm 400pm ndash 530pm
Own arrangementsLiaison time
Travel to White Horse by car Travel time 20 m
400pm ndash 530pm 600pm ndash 730pm
Meeting with White Horse
Venue White Horse Office 21st Floor Victoria Plaza Tiyidong
Road Tianhe District
530pm 730pm
Return to Hotel Travel time 20 m
600pm ndash 800pm 800pm ndash 1000pm
Informal Dinner with Business Delegates
Restaurant Sky No1 Room 2905 28th floor Xinhe Building No 1 Huaxia Road Zhujiang New Town Guangzhou
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
Unsubscribe
86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
Unsubscribe
90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
Unsubscribe
94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
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-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
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~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
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01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
back
Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
10
Overnight Hotel Grand Hyatt Guangzhou 12 Zhujiang West Road Pearl River New City Tianhe District Guangzhou China 510623
Saturday 27 July 2013 ndash GuangzhouHong Kong
am Own arrangementsLiaison time
1037am 1237pm
Depart by train for Guangzhou for Hong Kong (T823)
1233pm 233pm
Arrive Hong Kong Hung Hom Train Station
100pm ndash 130pm 300pm ndash 330pm
Travel from Hung Hom Train Station to Conrad hotel on the Hong Kong Island by coach
200pm ndash 300pm 400pm ndash 500pm
Private Market and Program Briefing by Ms Angela To Queensland Trade and Investment Commissioner Hong Kong Venue Golden Leaf Chinese Restaurant 5F Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Sunday 28 July 2013 ndash Hong KongMacauHong Kong
830am 1030am
Meet in Hotel Lobby Transfer to Macau by Bus and Ferry
ampm Visit To Cultural Sites And Integrated Resorts In Macau
400pm Return to Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
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84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
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86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
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90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
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94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
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-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
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=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
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~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
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AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
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bull Queensland Government
ap
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Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
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Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
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The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
ID 205315207 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Ill
State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
bull Queensland Government
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Copyright Agency Ltd (CAL)licensed copy
Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
ID 208767871 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
-
11
Monday 29 July 2013 ndash Hong Kong
810am 1010am
Meet in Lobby Travel by car to meeting Travel time 20 m
830am ndash 930am 1030am ndash 1130am
Private Breakfast Meeting with Mr Kam Hing Lam Managing Director of Cheung Kong Infrastructure Ltd (CKI) and Mrs Wendy Tong Barnes Chief Corporate Affairs Office of Cheung Kong (Holdings) Ltd Venue China Club 13F The Old Bank of China Building Bank Street Central
930am ndash 955am 1130am ndash 1155am
Walk to next meeting Travel time 5 m
1000am ndash 1030am 1200noon ndash 1230pm
Pre-interview briefing by Ms Angela To Trade and Investment Queensland Commissioner Hong Kong and Mr Gavin McDougall Director Public Affairs of Australian Consulate-General Hong Kong Venue Oliverrsquos in basement of Cheung Kong Centre Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1100am ndash 1130am 100pm ndash 130pm
Live interview with anchors Ms Susan Li and Mr Rish Salamat in the Bloombergrsquos Asia Edge TV broadcast Venue Bloomberg Bureau - 27F Cheung Kong Centre 2 Queens Road Central
1130am ndash 1145am 130pm ndash 155pm
Return to Hotel Travel time 15 m
1200noon ndash 1230pm 200pm ndash 230pm
Pre-event meeting with major investor ndash Dr Benny Wu Chairman of Chang Yuang Group and Ms Mila Wu Venue Function room next to Ballroom Lower Lobby Conrad Hong Kong
1230pm ndash 200pm 230pm ndash 400pm
Queensland Government Business Reception Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
200pm ndash 300pm 400pm ndash 500pm
Media opportunity with local major newspapers Venue the Ballroom Lower Lobby Conrad Hong Kong Pacific Place 88 Queensway Admiralty Hong Kong
300pm ndash 320pm 500pm ndash 520pm
Travel to next meeting Travel time 20 m
12
330pm ndash 430pm 530pm ndash 630pm
Meeting with Mr David CHIU Chairman Far East Consortium International Ltd (FEC) and Dorsett International and Ms Winnie Chiu President amp Executive Director of Dorsett Hospitality International Venue 16F Far East Consortium Building 121 Des Voeux Road Central Hong Kong
Travel back to hotel Travel time 25 m
600pm ndash 615pm 800pm ndash 815pm
Travel to meeting Travel time 15 m
615pm ndash 645pm 815pm ndash 845pm
Meeting with the Hon Tsang Chun-wah John GBM JP Financial Secretary of Hong Kong SAR Government
Venue 25F Tamar Central Government Offices Admiralty Hong Kong
700pm 900pm
Meeting with Mr Paul Tighe Australian Consul-General Hong Kong and Macau Venue Pacific Bar Level 8 Conrad Hotel
pm Own arrangementsLiaison time
Overnight Conrad Hong Kong Pacific Place 88 Queensway Hong Kong
Tuesday 30 July 2013 ndash Hong KongJakarta
910am 1110am
Meet in Hotel Lobby Walk to meeting Travel time 10m
930am ndash 1030am 1130am ndash 1230pm
Meeting with Mr Beau Kuok Chairman of Kerry Holdings Limited And Mr Madhu Rao Executive Director amp CFO Shangri-La Asia Limited Venue Level 7 Conference Room Business Centre Island Shangri-La Hotel Pacific Place Supreme Court Road Central Hong Kong
100pm 300pm
Depart for Airport
400pm 600pm
Depart Hong Kong for Jakarta (Direct) Cathay Pacific Flight 719 Travel time 4 h 50 m
13
750pm 1050pm
Arrive Jakarta
pm Transfer to hotel
900pm ndash 1000pm 1200pm ndash 100am
Delegates get together Venue Executive Lounge Level 17 Four Seasons Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Wednesday 31 July 2013 ndash Jakarta
800am ndash 815am 1100am ndash 1115am
Briefing on Jakarta program by Ms Nussara Smith Director Overseas Market Development Asia Queensland Trade and Investment Venue Executive Lounge Level 17 Four Seasons Hotel
830am 1130am
Travel to next meeting Travel time 30 m
900am ndash 930am 1200noon ndash 1230pm
Meeting with Vice Minister of Trade of the Republic of Indonesia Dr Bayu Krisnamurthi Venue Jl MI Ridwan Rais No 5 Jakarta Pusat 10110
Return to Hotel Travel time 30 m
1115am ndash 1130am 215pm ndash 230pm
Meeting with Mr Irwan Sjarkawi the President Commissioner of the Bakrie Group Venue Meeting Room 2 Executive Lounge Level 17 Four Seasons Hotel
1200noon 300pm
Travel to next meeting Travel time 30 m
1230pm ndash 215pm 330pm ndash 515pm
Lunch meeting hosted by ANZ Indonesia followed by tour of ANZ office building Venue Batavia Room Level 8 ANZ Tower Jalan Jendral Sudirman Kav33 A Jakarta 10270 Indonesia
Return to Hotel Travel time 30 m
300pm ndash 530pm 600pm ndash 830pm
Own arrangementsLiaison time
14
545pm 845pm
Travel to next meeting Travel time 15 m
600pm ndash 655pm 900pm ndash 955pm
Meeting with His Excellency Mr Greg Moriarty Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence
700pm ndash 900pm 1000pm ndash 1200midnight
Queensland Reception hosted by Australian Ambassador to Indonesia Venue Ambassadorrsquos Residence Jalan Teuku Umar No 7 ndash Menteng Jakarta Pusat
Return to Hotel Travel time 10 m
Pre-checkout of Hotel
Overnight Four Seasons Jalan HR Rasuna Said Jakarta 12920 Indonesia
Thursday 1 August 2013 ndash JakartaSingapore
700am 1000am
Depart Hotel for airport
830am ndash 915am 1130am ndash 1215pm
Meeting with Mr Emirsyah Satar President amp CEO of Garuda Indonesia Venue Management Building Garuda City Soekarno Hatta International Airport Cengkareng 19120
1130am 230pm
Depart Jakarta for Singapore (Direct) Garuda Flight 828 Travel time 1 h 50 m
220pm 420pm
Arrive Singapore
300pm 500pm
Transfer to hotel
330pm 530pm
Check-in hotel
340pm ndash 510pm 540pm ndash 710pm
Own arrangementsLiaison time
510pm 710pm
Travel to next meeting Travel time 10 m
15
530pm ndash 630pm 730pm ndash 830pm
Meeting with His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore and Mr Chris Rees Senior Trade Commissioner Singapore Austrade Venue 25 Napier Road Singapore 258507
630pm 830pm
Travel to next meeting Travel time 10 m
700pm ndash 830pm 900pm ndash 1030pm
Queensland Alumni Reception hosted by His Excellency Mr Philip Green OAM Australian High Commissioner to Singapore
Venue Commissionerrsquos Residence
Overnight Grand Copthorne Waterfront 392 Havelock Road Riverside 169663 Singapore
Friday 2 August 2013 ndash Singapore
am
Own arrangementsLiaison time
1200noon ndash 215pm 200pm ndash 415pm
Private lunch hosted by United Overseas Bank Limited (UOB)
Venue Level 3 Paridiso Room Grand Copthorne Waterfront
215pm ndash 300pm 415pm ndash 500pm
Own arrangementsLiaison time
300pm ndash 315pm 500pm ndash 515pm
Depart for next meeting Travel time 10 m
315pm ndash 345pm 530pm ndash 545pm
Meeting with Mr Bill Foo Vice Chairman South amp South East Asia ANZ Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
345pm ndash 500pm 545pm ndash 700pm
Investment Roundtable Jointly Hosted by Trade and Investment Queensland and ANZ
Venue International Enterprise Singapore | 230 Victoria Street 10-00 | Bugis Junction Office Tower | Singapore 188024
500pm 700pm
Travel to next meeting Travel time 15 m
530pm ndash 600pm 730pm ndash 800pm
Meeting with Minister Iswaran Minister Prime Ministers Office Second Minister for Home Affairs and Second Minister for Trade and Industry
Venue Ministry of Home Affairs 28 Irrawaddy Road Singapore
16
329560 Level 20 (Irrawaddy Room 1)
600pm 800pm
Treasurer departs for next meeting Travel time 10 m
615pm ndash 830pm 815pm ndash 1030pm
Private dinner with key ANZ investor clients
Venue Man Fu Yuan Restaurant 2nd Floor Intercontinental Hotel 80 Middle Road
830pm 1030pm
Treasurer departs directly for Airport
1135pm 135am (Sat)
Depart Singapore for Brisbane (Direct) Etihad Airways Flight 470 Travel time 7 h 40 m
Overnight In Transit
Saturday 3 August 2013 ndash Brisbane
915am Arrive Brisbane International
17
KOREA
18
OFFICIAL DELEGATION MEMBERS ndash KOREA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES IN-MARKET
Dr Sang Min Woo Trade and Investment Commissioner Korea
19
BUSINESS DELEGATION MEMBERS ndash KOREA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Gray Managing Director Bandanna Energy Limited
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
20
TOUR OF CULTURAL SITES
Date Sunday 21 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Dr SangMin Woo Commissioner TIQ Korea office
BUSINESS DELEGATES
Mr Brian Clarke Chief Executive Officer Anscape
Mr Stephen Baines Chief Innovation Officer Aurizon Holdings
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Lachlan Broadfoot Mining Market Sector Director HDR Salva
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Ms Wendy Bradley Managing Partner Ozone Whitsundays Resort
EVENT SYNOPSIS
Gyeongbok Place Gyeongbok Place is a royal palace located in Seoul First constructed in 1395 later burned and abandoned for almost three centuries and then reconstructed in 1867 it was the main and largest palace of the five Grand Palace built by the Chosun Dynasty In the early 20th century much of the palace was destroyed by Imperial Japan Since then the walled palace complex has been gradually restored back to its original form As of 2009 roughly 40 of the original number of palace buildings still stand or have been reconstructed
Myeong-dong Myeong-dong is one of the busiest places in Seoul and is among Korearsquos premier shopping destinations Over 1 million shoppers pass through this area every day making it a modern-day centre of economic and cultural activities in Korea Located in the heart of Seoul the Myeong-dong market attracts a large number of international visitors each year The mission members were able to observe a successful major tourist attraction area of Asia and purchasing trends in Korea
Lotte Department Store Lotte Department Store opened its first store in Seoul in 1979 and has since expanded into the largest chain of department stores in Korea Lotte Department Stores provide a wide selection of luxury-imported brands The mission members had an opportunity to visit the food retail space in the Department Store which offered a wide range of imported food products and observed how Australian beef and food products were displayed and sold
21
MEETING WITH MR TAE-PYONG CHANG CHIEF EXECUTIVE OFFICER AND MR JONG-DAE LEE VICE PRESIDENT OF THE KOREA RACING AUTHORITY (KRA)
Date Sunday 21 July 2013
ATTENDEES
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
Mr In-Yong CHOI General Manager KRA
Mr Tai-In JUNG Senior Manager International Relations Team KRA
Mr Tae-Pyong CHANG Chief Executive Officer KRA
Mr Jong-Dae LEE Vice President KRA
MEETING SYNOPSIS
I met with Mr Tae-Pyong Chang Chief Executive officer of Korea Racing Authority (KRA) and expressed my appreciation for his strong support of the Queensland thoroughbred industry
I thanked the KRA for their regular participation in the Magic Millions May and SeptemberOctober sales on the Gold Coast and encouraged continued purchase of race horses from Queensland
I emphasised that Korearsquos strong interest in Queenslandrsquos high quality thoroughbreds has helped Magic Millions achieve record sales and gain recognition throughout the southern hemisphere for bloodstock trading
I promoted Queensland companiesrsquo capabilities in the design construction and related services sectors to participate in Korearsquos fourth horse racing track and facilities project to be built in Youngcheon City to be constructed by 2016
KRA would like to have active cooperation with Queensland where the equine industry has a well established reputation as a sound sports and leisure activities Queensland and Australia have developed one of the world most advanced infrastructure and programs for the industry KRA sees Australian and Queenslandrsquos horse raising industries as models from which to learn
KRA is the sole racing authority in Korea and is under the supervision of the Ministry of Agriculture Food and Rural Affairs KRA operates races nationally as well as promoting the livestock industry KRA is a steady importer of race horses from the Magic Millions sales on the Gold Coast
KRA has been endeavouring to further develop the Korean horse racing industry KRA operates three horse race courses three stud farms and training centres nationally
KRA is making efforts to improve the image of horse racing by calling its racing facilities racing parks rather than race courses and offering these places to public as places of recreation and learning for children
22
MEETING WITH MR DAE-SEOP CHI PRESIDENT SEOUL RACEHORSE OWNERS ASSOCIATION (SROA)
Date Sunday 21 July 2013
ATTENDEES
Mr Dae-Seop CHI President SROA
Mr Kwang-Se KWON Vice President SROA
Mr Duk-Hui PARK Vice President SROA
Mr Jong-Chul KIM Vice President SROA
Mr Soon-Bae SEO Director SROA
Mr Soon-Geun WOO Director SROA
Mr Young-in SHIN General Manager Horse Affairs Team SROA
MEETING SYNOPSIS
I met with the Seoul Race Horse Owners Association (SROA) to build goodwill and to encourage continued participation in the Magic Millions and the future increased purchase of race horses from Queensland
I congratulated Mr Chi on his recent appointment to the position of President of SROA in March 2013 I also congratulated the SROA on its 20th anniversary
I thanked the members for their regular participation in the Magic Millions Korearsquos strong interest in Queenslandrsquos thoroughbreds has helped the Magic Millions achieve record sales and gain recognition for bloodstock trading
I invited President Chi to encourage members to visit Queensland to attend the 2013 Gold Coast Horse in Training Sale on 24-25 Sept 2013 and 2014 Gold Coast Yearling Sale from 8 to 14 January at Magic Millions on the Gold Coast
SROA mentioned that it has a strong relationship with Queensland and one of its former staff members is now working for Trade and Investment Queensland It is keen to build on this relationship and saw my visit as an important step
Before 2010 Australia was SROArsquos major source country for racehorses because of their reputation for stamina and lower cost However since 2010 SROA members have tended to import racehorses from the USA for reasons which include a strong Australian dollar an industry preference for horses used to similar conditions (ie climate and its sand racetrack surface) that exist in Korea
I mentioned to SROA that Trade and Investment Queensland would discuss this with our industry on my return
SROA (with 460 members) is one of major buyers of race horses in Korea Members have been regular visitors at the Magic Millions sales on the Gold Coast
SROA is one of three major buyers of race horses in Korea the others being Korea Racing Authority (KRA) and Busan Racehorse Owners Association (BROA) SROA buys the majority of horses by participating in overseas auctions and resells them to members with a small portion of owners purchasing horses directly
23
MEETING WITH MR JE-YONG PARK CHIEF EXECUTIVE OFFICER OF KTB PRIVATE EQUITY (KTB PE) AND MR YOUNG-WOOK CHIN PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA FINANCE CORPORATION (KoFC)
Date Monday 22 July 2013
ATTENDEES
Mr Je-Yong PARK Chief Executive Officer of KTB PE
Mr Young-Wook CHIN President and Chief Executive Officer of KoFC
Mr Hoon JANG General Manager and Head of Investment Finance Department KoFC
Mr Sung Yong YOON Senior Managing Director KTB PE
Mr Jong Kun SEO Head of Private Equity Investment Team KoFC
MEETING SYNOPSIS
I discussed investment opportunities in Queensland and in particular the co-operation between Queensland Investment Corporation (QIC) and KTB Private Equity (KTB PE)
I acknowledged the confidence shown in the Queensland economy by KTB PE evidenced by the signing of a Memorandum of Understanding (MOU) with QIC which commits capital into Queensland and Australia through direct investments
I discussed the formation of industry-specific strategic alliances that may arise from this partnership which may provide new opportunities for Queensland and Korean companies
I also offered the services of Trade and Investment Queensland to to identify other investment opportunities particularly for KTBrsquos interests in working to promote partnerships between Queensland and Korea in the SME space
KTB PE is an affiliate of KTB Investment amp Securities a Korean financial services company and has assets under management in excess of US$15 billion ranking it fourth largest of the private equity funds in Korea
Korea Finance Corporation (KoFC) a lending partner of KTB PE is a 100 Government-owned policy-based financial institution mandated to support the sound growth of the finance industry and the national economy of Korea
24
MEETING WITH MR CHONG-SUK CHOI CHAIRMAN OF BOARD OF DIRECTORS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA INVESTMENT CORPORATION (KIC)
Date Monday 22 July 2013
ATTENDEES
Mr Chong-Suk CHOI
Chairman of Board of Directors President amp CEO of KIC
Mr Jang Ho LEE Managing Director KIC
Jin Seong PARK Director KIC
Jong Ho KIM Director KIC
MEETING SYNOPSIS
I met with KIC to encourage their continuing interest and further investments in Queensland and to reinforce that Queensland is ldquoopen for businessrdquo KIC invested in the Queensland Investment Corporation (QIC) Property Fund in 2011
I discussed KICrsquos current focus and direction including plans to increase overseas investments
I highlighted the new Queensland Governmentrsquos commitment to balance the budget and improve our credit rating
I encouraged further investment into Queensland in areas such as resources tourism and other infrastructure and property which would assist KIC in their goal to globalise and diversify investments
I emphasised the Queensland Governmentrsquos commitment to facilitate KICrsquos investment into Queensland
I noted that KIC is a highly respected organisation and its investment into Queensland is desirable as it also encourages other foreign and Korean investors to invest in Queensland
KIC sovereign wealth fund was established in July 2005 with a view to enhance sovereign wealth and contribute to the development of the domestic financial industry KIC manages assets entrusted by the Government and the Bank of Korea and other public funds defined under the National Finance Act
25
LUNCH MEETING WITH MR HYUNG-KYU KANG EXECUTIVE VICE PRESIDENT HEAD OF GLOBAL MARKETING DIVISION SAMSUNG CONSTRUCTION AND TRADING (SAMSUNG CampT)
Date Monday 22 July 2013
ATTENDEES
Mr Hyung-Kyu KANG Executive Vice President Head of Global Marketing Division Samsung CampT
Mr Jimmy LEE Vice President Global Marketing Team Samsung CampT
Mr Hyung KIM Executive Vice President Head of Civil Infrastructure Business Unit Samsung CampT
Mr Jae-Yong CHO Vice President Civil New Business Division Samsung CampT
Mr Seong Chan AHN General Manager Global Marketing Team Samsung CampT
MEETING SYNOPSIS
This meeting provided an opportunity to deepen the level of engagement with Samsung Construction and Trading (Samsung CampT) and further encourage participation in infrastructure and resources-related projects in Queensland
I met with the Engineering and Construction Group (EampC) of Samsung CampT Samsung CampT has advanced technological expertise and experience in architecture civil engineering power plant and housing developments with 133 overseas offices located across 50 countries One of its most high profile projects included Dubairsquos Burj Khalifa the worldrsquos tallest building
I congratulated Samsung CampT on the opening of its Australian headquarters in Brisbane in September 2012 Samsung CampT is seeking further opportunities in Queensland mining port and rail related infrastructure projects and I sought a briefing on Samsung CampT activities and business strategies for participation in projects and investment in the Australian market
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors
I emphasised Queenslandrsquos economic outlook including large strong and buoyant energy resources and agriculture sectors and abundant opportunities for participation in investment
I reassured Samsung CampT that their interest in Queensland is welcome and encouraged their participation in infrastructure projects
I highlighted the Queensland Governmentrsquos process to deliver infrastructure and planning in order to achieve greater value for money from the governmentrsquos infrastructure program and service delivery I indicated how the Queensland Government facilitates cooperative funding models to maximise private investment in infrastructure
26
I outlined the Memorandum of Understanding (MOU) for strategic partnership between Queensland Government and Korea EXIM Bank that was signed during my visit to Korea
The MOU between Queensland government and Korea EXIM Bank would provide a good vehicle to facilitate investment and finance with regard to infrastructure projects in Australia
Mr Kang expressed his appreciation for the services provided by the Overseas Market Development Asia branch within Trade and Investment Queensland He mentioned that the quality of services and support provided by TIQ were most impressive Trade and Investment Queensland have been working closely with Samsungrsquos office in Brisbane to facilitate their business interests
27
MEETING WITH MR EUI-RYUNG LEE VICE CHAIRMAN AND MR KI-DUCK PARK EXECUTIVE DIRECTOR KOREA ZINC CO LTD
Date Monday 22 July 2013
ATTENDEES
Mr Eui-Ryung LEE
Vice Chairman Korea Zinc Co Ltd
Mr Ki-Deok PARK
Director Korea Zinc Co Ltd
Mr Jin Soo RHO Executive Director Korea Zinc Co Ltd
Mr Sang Hoon LEE
Senior Manager Raw Material Team Korea Zinc Co Ltd
Mr Jin Gwun GWAK Manager Planning Team Korea Zinc Co Ltd
MEETING SYNOPSIS
This meeting was an opportunity to receive an update from Korea Zincrsquos management regarding its overseas investment strategy Korea Zinc is the parent company of Sun Metals Corporation (Sun Metals) one of the worldrsquos largest zinc refineries located 15 kilometres south of Townsville
I acknowledged the significant contribution Sun Metals has made to the regional community of Townsville Sun Metals is the second largest Korean investment in Queensland after an investment by KOGAS in the GLNG project
I sought an overview on Korea Zincrsquos business plans for Queensland Korea Zinc mentioned that it was proud to be the largest investor in the manufacturing sector from Korea into Queensland and was appreciative of the ongoing support from the Queensland Government
The power Sun Metal receives is delivered from southern Queensland power networks Sun Metal is hopeful the fortification of existing power distribution grids andor the construction of new grids and power lines in north Queensland will help to alleviate the cost of electricity they consume
I outlined the Queensland Governmentrsquos electricity reform agenda which is a three tiered strategy to address cost pressures in the electricity sector build a more competitive market and reduce risks to customers industry and government participating in the sector This will be achieved by measures to stop building unnecessary electricity infrastructure and improve the efficiency of network businesses maximise the benefits of competition while protecting customers and more effective government
I also explained measures introduced by the Queensland Government to reduce red tape and make government process more efficient for businesses
Korea Zinc commands an important role as a major provider of resources in Korea and produces 10 of the worldrsquos zinc from plants in Korea the US and Australia It is a world class non-ferrous metal smelting company that produces approximately 1 million tonnes of 18 types of non-ferrous metals including base precious and rare metals
28
ENERGY AND INFRASTRUCTURE OPPORTUNITIES IN QUEENSLAND SEMINAR
Date
Monday 22 July 2013
ATTENDEES
Attendees numbered 47 in total with 28 of these being from Korean energy construction and engineering firms financial institutions and consulting firms Korea EXIM Bank representatives and Korean media were also present
EVENT SYNOPSIS
This seminar was a networking opportunity for Queensland delegates to pitch their energy and infrastructure projects to key Korean engineering and construction companies and financial institutions to encourage investment into Queensland
I delivered an opening speech at the beginning of the seminar incorporating the Queensland Governmentrsquos strategies and policies and the States vision for Queensland energy resources infrastructure and construction industries
I acknowledged the significant contribution of Korean investments in Queensland and highlighted the value of Queenslands relationship with Korea
I acknowledged the contribution Korean investment has made to the economic development of Queensland in particular coal resources infrastructure and food sectors
One recent example is the KOGAS investment in the Gladstone LNG project which is currently under construction
I outlined that the Queensland Government is also focussed on establishing the state as a global leader in sustainable resources and energy production and technology protection of the environment and water resources social responsibility and support for sustainable communities
Additionally I outlined the Queensland Government policy framework of Public-Private Partnership and the establishment of Projects Queensland
29
MEETING WITH MR YOUNG-SIK KWON EXECUTIVE VICE PRESIDENT RESOURCES BUSINESS DIVISION KOREA GAS CORPORATION (KOGAS)
Date Monday 22 July 2013
ATTENDEES
Mr Young-Sik KWON Executive Vice President Resources Business Division KOGAS
Mr Byung-Chul SON General Manager LNG Project Management Team KOGAS
Mr Hong-Geun AHN
Senior Manager LNG Project Management Team KOGAS
MEETING SYNOPSIS
I acknowledged the strong and ongoing relationship that exists between Queensland and Korea and the contribution that KOGAS is making to this relationship through its investments in the Queensland Coal Seam Gas and LNG industries
I advised the progress being made by the Queensland Government in reducing red tape on the resources industry through a commitment to reduce regulation by 20 I discussed the formation of the Resources Cabinet Committee and its important role to drive investment into the resources sector
I expressed appreciation for KOGASrsquos continual interest in Queensland and look forward to more business development in the future
In December 2010 KOGAS signed a binding LNG off take agreement with Santos for 20 years This included the sale of Santos interests in the GLNG project to KOGAS making KOGAS a 15 interest partner
KOGAS was incorporated by the Korean Government in 1983 and is Korearsquos predominant LNG provider importing more than 95 of the countryrsquos needs KOGAS is the single largest corporate buyer of LNG in the world It operates three LNG terminals and 3022 km of natural gas pipelines in South Korea In 2012 KOGAS imported 3497 million tonnes of LNG up 29 from 2011 and advised it plans to import 3790 million tonnes of LNG in 2013 representing an increase of 84 KOGAS supplies the imported LNG to power generation plants gas-utility companies and city gas companies throughout the country
30
QUEENSLAND GOVERNMENT RECEPTION SEOUL
Date Monday 22 July 2013
KEY ATTENDEES
Mr Sung-Hwan CHOI
Chief Finance Officer Korea EXIM Bank
His Excellency Mr Bill Paterson PSM Australian Ambassador to the Republic of Korea
Mr Tae-Yong SHIN
Chairman of Korea Importers Association (KOIMA)
Mr Byung-Hwa LEE Ambassador for International Relations Gyeonggi Provincial Government
The event was attended by approximately 160 people including business delegation members from Queensland It was a successful business networking event
EVENT SYNOPSIS
I delivered a speech to acknowledge the close relationship between Queensland and Korea I highlighted the contribution that Korea has made to Queensland in terms of trade and investment
I reinforced Queensland as an ideal business partner for Korea and promoted investment and business opportunities in Queensland to existing and potential investors
I promoted Queensland as a sound investment location due to its stable economy supportive government and access to a skilled workforce I emphasised opportunities that exist for investment across a wide range of sectors
- From the temperate southern regions to the tropical north Queensland has excellent conditions for growing a wide variety of agricultural products and raising livestock
- As a mineral and energy rich state Queensland has a wealth of opportunities in the mining and resources sector from coal base metals coal seam gas to shale gas
- The Queensland Government is committed to supporting initiatives to encourage further international investment in Queenslandrsquos infrastructure including in Public Private Partnership (PPP) projects
- The Queensland Government encourages investment for the revitalisation of existing tourism assets and the creation of new tourism infrastructure across the state
I thanked the Korea EXIM Bank for the Memorandum of Understanding (MOU) which aimed to increase cooperation with Korea in supporting the investment and involvement of Korean companies in Queensland
I expressed that in supporting the establishment of the MOU the Korea EXIM Bank recognised the strong desire within the Korean business community to become actively involved in the natural resources energy and infrastructure sectors in Queensland and Australia Prospective investors could approach Korea EXIM Bank for financing
31
I noted that since its establishment in 1976 Korea EXIM Bank has actively facilitated economic cooperation with foreign countries In 2012 the Korea EXIM Bank extended a record-breaking US$667 billion in credit
I expressed that given Korea EXIM Bankrsquos strong history it is a privilege to formalise the relationship between the Queensland Government and the Korea EXIM Bank and to become a part of the Bankrsquos future
The MOU will provide benefits for Queensland by making available increased funding options The MOU marked a significant step forward in the future of Korean investment in Queensland
32
BREAKFAST MEETING WITH MR MOON-DUK KIM CHIEF EXECUTIVE OFFICER KOREA WESTERN POWER CORPORATION (KOWEPO)
Date Tuesday 23 July 2013
ATTENDEES
Mr Moon-Duk KIM Chief Executive Officer KOWEPO
Mr Dong-Beag LEE
Managing Director Fuel amp Resources Office KOWEPO
Mr Myung-Moon KWAK General Manager Fuel amp Resources Office KOWEPO
Mr Deog-Bin IM General Manager Fuel amp Resources Office KOWEPO
Mr Se-Hun KWANG General Manager KOWEPO
Mr Yong-Yeon PARK Deputy General Manager Fuel amp Resources Office KOWEPO
MEETING SYNOPSIS
I discussed KOWEPOrsquos current procurement plan and future investment plans for Queenslandrsquos coal industry
I provided assurance that the Queensland State government will support KOWEPOrsquos endeavours to secure a stable supply of thermal coal from Queensland Queensland is a competitive place for Asian markets geographically and has an edge in quality of our coal and logistics
Trade and Investment Queensland (TIQ) will follow up to ensure that appropriate mining projects are introduced I also invited Mr Moon to visit Queensland to visit these projects and inspect our infrastructure
I highlighted the potential for mining and energy related education programs for its executives to be delivered in Queensland
Long distance transmission issues in Queensland and power distribution to scattered islands in Korea were discussed as common issues for both regions presenting possible opportunity for cooperation and sharing of information
TIQ has been closely working together with KOWEPO and liaising and arranging meetings with relevant Queensland Government agencies and Queensland companies
KOWEPO is one of the major electricity power suppliers in Korea KOWEPO was established in a separation from Korea Electric Power Corporation (KEPCO) under the Korea Power Industry Restructuring Act in 2001
KOWEPO is currently importing coal from Australia majority from NSW The company plans to increase its purchases of Queensland thermal coal According to its power generation capacity expansion plan its demand for coal is expected to grow substantially from 2016 as newly installed coal-fired power plants come online
33
MEETING WITH DR JUNG-SIK KOH PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KOREA RESOURCES CORPORATION (KORES)
Date Tuesday 23 July 2013
ATTENDEES
Dr Jung-Sik KOH
President and Chief Executive Officer KORES
Mr Moo-Young LEE Director General Energy Dept KORES
Mr Nam-In KIM Team Leader Coal Business Team KORES
MEETING SYNOPSIS
I sought a briefing from KORES regarding its future investment plans to achieve its self-sufficiency targets for coal iron ore and mineral resources which feed Korearsquos power and manufacturing sectors
I outlined the Queensland Government priorities in energy resources and coal infrastructure sectors I stressed the Governmentrsquos commitment to cut red and green tape and ensure that approval processes for major projects are efficient
I encouraged further investment in Queensland for KORES to achieve the self-sufficiency rate of Korea for coal other strategic minerals and rare metals
I explored the possibility for mining-related education and training for executives from KORES Such education and training would serve to further business linkages and opportunities for Queensland
The President mentioned that some of their staff members studied at Queensland universities and mentioned that some of his best performing geologists graduated from Queensland
I mentioned that cooperation in the education sector is important and the Queensland Government is ready to support this in the future
I extended an invitation for Dr Koh to visit Queensland to see new developments in the mining and energy sectors Dr Koh expressed his keen interest to visit Queensland to obtain an update on State Government policies and initiatives in the mining sector
KORES is a member of the AKBC (Australian-Korean Business Council) and participates in annual events This year it would be held in Melbourne Dr Koh suggested that AKBC should hold the event in Queensland in future
Korea Resources Corporation (KORES) is a state owned energy and resources enterprise and its current objective is to be one of the top 20 mining companies in the world Since making its first investment in 1977 KORES now has 38 ongoing projects in 17 countries including 13 projects in Australia (5 projects in Queensland alone)
34
MEETING WITH MR SUNG HWAN MOON PRESIDENT AND CHIEF EXECUTIVE OFFICER SAMYANG CORPORATION AND SAMYANG GENEX CORPORATION
Date Tuesday 23 July 2013
ATTENDEES
Mr Sung-Hwan MOON
President and CEO Samyang Corporation and Samyang Genex Corporation
Mr Myung-Ki KIM
Executive Vice President Samyang Corporation
Mr Jin-Yong LEE
Vice President Samyang Holdings Corporation
Mr Ju-Heon NAM
Chief of Grain Team Samyang Corporation
Dr Chang-Ho PARK
Chief of Overseas Resources Task Force Team Samyang Genex Corporation
Mr Hae-Jeong AN Manager of Samyang Corporation
MEETING SYNOPSIS
I thanked Samyang for its continuous commitment in sourcing raw sugar from Queensland Samyang is importing wheat from WA and is also interested in identify further sources of supplies
Samyang is exploring investment opportunities in Australia and other Southeast Asian countries Vertical integration of raw material production capability would provide direct access to essential raw materials for Samyangrsquos manufacturing chain which already includes considerable research and development capabilities
Australia is one of the candidate countries for investment and Queensland has been identified as having the right combination of climatic and agrological conditions as well as the necessary infrastructure for their needs
I relayed the advantages of choosing Queensland as an investment site for agribusiness including
a diverse climatic range from semi-arid to tropical and farming systems to suit wet and dry tropics
well-developed sea port and airport infrastructure
innovative research and development and access to a range of support services at every stage of the innovation process and
a highly skilled workforce and world-class research and training institutions
I encouraged continued work with the Trade and Investment (TIQ) Korea office to identify suitable opportunities to move forward with its investment plan
Samyang Holdings Corporation founded in 1924 engages in the chemicals food and pharmaceutical businesses through its 16 subsidiaries The group has operations across Korea China Japan and the US Two key subsidiaries are Samyang Corporation (sugar refinery) and Samyang Genex (corn starch processor and wet milling company)
35
Samyang Genex imports and processes starch derived from corn and cassava Products are supplied to the food pharmaceutical paper textile and cosmetics industries Recent ventures include innovative products such as biodegradable plastics Samyang Genex exports to more than 20 countries
36
DINNER WITH EDUCATION AND MIGRATION INDUSTRY
Date Tuesday 23 July 2013
ATTENDEES
A total of thirty one guests including the Queensland business delegation and Korean guests attended the dinner Attendees represented key study abroad agents and migration agents that have been proactive in promoting Queensland to their clients
EVENT SYNOPSIS
I promoted Queensland education and migration programs to industry representatives
I reinforced Queenslandrsquos image as a safe place to study and live with a high level of services available Apart from our world class education institutions Queensland offers a diverse range of natural wonders tourist attractions and sporting facilities
I promoted Queensland as the destination of choice for Korean business migrants The Queensland Government is committed to attracting successful business migrants who wish to invest and live in Queensland
I promoted the high quality of Queenslandrsquos education sector and highlighted the vital role that agents play in growing and sustaining the international education industry
During the reception I met with Dr Yeong-Jin Ko Gyeongsangnam-do Education Governor of Gyeongsangnam-do Office of Education and discussed potential collaboration on a specific project to create a virtual teaching environment for teaching English in Korean schools
Dr Yeong-Jin Ko will visit Queensland later this year I will meet with him to further discuss this collaboration between Queensland and Gyeongsagnam-do province
37
MEETING WITH MR YONG-IL LEE EXECUTIVE VICE PRESIDENT OF POSCO ENGINEERING amp CONSTRUCTION (POSCO EampC)
Date Wednesday 24 July 2013
ATTENDEES
Mr Yong-il LEE Executive Vice President POSCO EampC
Mr Gyu-Jin CHO Executive VP Global Markeing Division POSCO EampC
Mr Yong-Soo PARK Senior VP Civil amp Environment Division POSCO EampC
Mr Chang-Hyung LEE General Manager Civil amp Environment Division POSCO EampC
Mr Seung-Subh LIM General Manager Resource Infra Business Group POSCO EampC
Mr Edward LEE Commercial Manager Australia Roy Hill Business Unit POSCO EampC
MEETING SYNOPSIS
I took the opportunity to raise the level of engagement with POSCO Engineering and Construction (POSCO EampC) as it continues to explore opportunities in Queensland
I sought a briefing on POSCO EampCrsquos activities and strategies for participation in the Australian resource development infrastructure PPP and property development sectors
POSCO EampC has a dedicated Rail Business Division and retains actual construction and operation experience in Korea Recent projects include a light rail project which the company invested in and constructed There is another light rail project in Seoul which is currently under construction and the company is the main investor
I outlined the Queensland Governmentrsquos key economic development policies in particular energy resources and infrastructure sectors and the establishment of Projects Queensland
I highlighted the ways the Queensland Government delivers better infrastructure and planning achieves greater value for money from the governmentrsquos infrastructure program and service delivery and facilitates cooperative funding models to maximise private investment in infrastructure
I emphasised the Governmentrsquos commitment to reduce red tape and assured POSCO EampC of Queenslandrsquos support through the provision of timely updates on developments and business introductions
I mentioned Commonwealth Games related projects and potential developments in Logan City and the Springfield areas as the company is also interested in city and urban development opportunities
38
I encouraged POSCO EampC to engage with Queensland local companies in order to participate in resources and infrastructure projects
I mentioned the Memorandum of Understanding (MOU) for strategic partnership between the Queensland Government and Korea EXIM Bank signed earlier in my mission
POSCO EampC is a general construction company established in December 1994 and is now positioned as a global engineering amp construction company based on expert engineering technologies and experiences from POSCOrsquos integrated steelworks The company is a subsidiary of POSCO the fifth largest steelmaker in the world in 2012
39
CHINA
40
OFFICIAL DELEGATION MEMBERS ndash GUANGZHOU
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Mr Zijian Zhang Trade and Investment Commissioner China
41
BUSINESS DELEGATION MEMBERS ndash GUANGZHOU CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Michael Choi Managing Director Australia Investment amp Migration Corporation Pty Ltd
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Ms Shuang Hao Translator Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Ms Grace Guan Senior Vice President and Team Head Commercial Banking HSBC China
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Luke Manning Director ndash Head of Markets (QLD) KPMG
42
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
43
BREAKFAST MEETING WITH KEY CHINESE INVESTORS
Date Thursday 25 July 2013
ATTENDEES
Ms Xing ZHONG Director and Vice President Upper Horn Investment a subsidiary of Yudean Group
Mr Hong NIU Assistant to General Manager Guangdong Rising Assets Management Co Ltd (GRAM)
Mr Qian DENG Deputy General Manager of Investment Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Mr Qi ZHANG Manager of Investment Qinfa Group
Ms Xiaoli CHEN Manager of Trade Qinfa Group
Mr Baron LI Assistant to Chairman Ridong Group
MEETING SYNOPSIS
The meeting was an opportunity to promote investment into Queenslandrsquos resources commercial tourism and property sectors and to reassure investors of the Queensland Governments commitment to streamlining the assessment and approval processes to attract greater investment into Queensland
The key Chinese investors invited to this meeting were industry leaders from top Guangdong-based Chinese private companies and State Owned Enterprises (SOEs) with new and existing investment interests in Queenslands mining resources and tourism development sectors
I received an update from the investors on the progress of their existing investments in Queensland as well as their future investment plans
I noted that the Queensland Government encourages public-private partnerships and is focussed on creating a more conducive investment environment especially in regard to the development of new projects and infrastructure
I reaffirmed the Queensland Governmentrsquos commitment to fostering the growth of the four pillar industries in Queensland and noted that collaboration with international investors was a crucial element to the growth of these sectors in Queensland
I emphasised that Queensland could work together with China for our mutual economic benefit Opportunities for our engagement with China are not confined to coal mining and mineral resources but also exist in emerging areas like food and agribusiness tourism infrastructure and construction I encouraged the investors to further explore these opportunities and expand their investment portfolios in Queensland
Guangdong Rising Assets Management Co Ltd (GRAM) is headquartered in Guangzhou and is one of the largest SOEs under the Guangdong Provincial Government The scope of their business includes mining electronic information hotels amp tourism engineering and property development with total assets over A$15 billion GRAM has successfully invested in five publicly listed mining
44
companies in Australia through its subsidiaries The company has a stake in PanAust Ltd a Brisbane based mining company with copper assets in Laos and Chile It took over Caledon Resources in 2011 In Queensland GRAM has invested in two coal mining projects (Resources Cook Mine and Minyango Coal Deposit) and Mount Oxide (Copper mine in Mount Isa)
Upper Horn is the fully owned subsidiary of Yudean a local government owned utility Together with their partners Upper Horn has invested in two power plants (Millmerran and Callide C) through InterGen As the Chinese government is reducing coal fired power stations Upper Horn would also like to explore investment opportunities in CSG and LNG and in gas pipeline infrastructure The company focuses on the mid-stream and down-stream processes
Shenzhen Lingnan Nonfemet is a fully owned subsidiary of GRAM who has invested in Perilya Limited
Ridong Group (RDG) has invested in the Jewel project in the Gold Coast
Qinfa is the largest private coal trading organisation in China with shares listed on HKEX It has been importing coals from Queensland for many years It has six mines in China It has invested in thermal coal in Indonesia and Australia Currently it owns 30 of shares in Tiaro Coal who holds the majority interests in local exploration tenements in Southeast Queensland
45
MEETING WITH MR CHEN GANG EXECUTIVE VICE PRESIDENT CHINA SOUTHERN AIRLINES
Date Thursday 25 July 2013
ATTENDEES
Mr CHEN Gang
Executive Vice President China Southern Airlines
Ms LIU Yunna Vice President Marketing Division
Mr CHEN Guojun Director General of Commercial Steering Committee
Mr Michael HUANG Deputy Director General of Commercial Steering Committee
Ms Lily ZHOU Brand amp Marketing Communication
Ms CHEN Minmin Manager of International Communication Office
MEETING SYNOPSIS
This meeting was an opportunity to acknowledge to the Executive Vice President and other senior executives the importance of China Southern Airlines to Queenslandrsquos tourism industry and to encourage expansion in aviation route capacity between Guangzhou and Queensland
China Southern Airlines is an important partner for Queensland and currently operates four services per week flying Guangzhou-Brisbane
During the meeting I thanked the senior executives of China Southern Airlines for their ongoing support of Queensland and reinforced the Queensland Governmentrsquos commitment to continue to develop this strong relationship into the future
I acknowledged the contribution China Southern Airlines has made to the Queensland tourism industry with the establishment of the Guangzhou-Brisbane service in November 2010 and discussed the possibility of increasing their flights into Queensland
I indicated the increasing importance of China to the Queensland tourism industry and the governments goal to double visitor night expenditure to A$30 billion by 2020
Subsequent to the meeting the Airlines has confirmed it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013 which represented a 75 per cent increase in the routersquos current capacity
46
QUEENSLAND INVESTMENT SEMINAR ON BUSINESS MIGRATION AND SIGNIFICANT INVESTOR VISAS
Date Thursday 25 July 2013
ATTENDEES
The seminar attracted 48 attendees including key Chinese investors
EVENT SYNOPSIS
I delivered a speech at this seminar encouraging Chinese investors to consider investing in Queensland in order to obtain an Australian Significant Investor Visa (SIV)
In April 2013 my parliamentary colleague the Hon Ian Walker MP Minister for Science Information Technology Innovation and the Arts led an investment-attraction mission to China During this mission there was considerable interest in the SIV and the demand for a seminar focussed on this visa subclass
During the seminar I invited the Logan and Cairns City Councillors to introduce their regions Mission members also introduced their investment projects to potential Chinese investors
Mr David Macleod the Consul for Immigration Consulate General of Australia in Guangzhou and Mr Zhang Zijian Queensland Trade and Investment Commissioner delivered speeches about the Queensland SIV criteria Since the introduction of SIV in November 2012 China has been the leading source country for applicants applying for this visa subclass
An ANZ representative also introduced the services they could provide to new migrants
47
DINNER HOSTED BY VICE GOVERNOR OF THE GUANGDONG PROVINCIAL GOVERNMENT
Date Thursday 25 July 2013
ATTENDEES
Madam ZHAO Yufang Vice Governor of Guangdong Province
Mr YANG Rongshen Director General of Guangdong Tourism Board
Ms REN Shao Deputy Director General of Department of Foreign Trade amp Economic Cooperation of Guangdong Province
MEETING SYNOPSIS
This dinner was an opportunity for me to continue the significant relationship between Queensland and Guangdong
At this dinner I signed the second iteration of the Queensland-Guangdong Friendship State Agreement with the Vice Governor This Agreement was signed in both English and Chinese
I previously met the Vice Governor when she visited Queensland and attended the State luncheon I hosted on behalf of the Premier on 8 June 2012 for His Excellency Mr Wang Yang who is now a Vice Premier of the Peoplersquos Republic of China
I Informed the Vice Governor that this was my first official visit to Guangdong as Treasurer and Minister for Trade and that the purpose of this mission was to strengthen Queenslandrsquos relationships with key government and industry leaders in Guangdong province to enhance trade and investment opportunities
I highlighted that the Queensland Government had identified four pillars of growth that would play a fundamental role in providing jobs and investment in communities across Queensland in the key sectors of construction and infrastructure agribusiness resources and energy and tourism
I welcomed increased high level bilateral visits between Guangdong and Queensland and invited the Vice Governor to visit Queensland again
The Vice Governor mentioned that Guangdong is the largest province in China in terms of GDP and population However in comparison with Queensland itrsquos GDP per capita is still low therefore there is still plenty room for development After the global financial crisis Guangdong has upgraded its industrial structure and would welcome expertise from Queensland The Chinese Government at both national and provincial levels are now encouraging companies to seek investment opportunities offshore As income increases there is also great demand for local residents to travel overseas to pursue education and training
The Guangdong Government is also keen to see an increase in two-way tourists between Queensland and Guangdong
48
MEETING WITH MR MO BIN CHIEF EXECUTIVE OFFICER OF COUNTRY GARDEN HOLDINGS COMPANY LTD
Date Friday 26 July 2013
ATTENDEES
Mr MO Bin Mr Johnson Murr
Chief Executive Officer Country Garden Holdings Company Limited Chairman Assistant amp Deputy Chief Financial Officer Country Garden Holdings Company Limited
MEETING SYNOPSIS
During the meeting I introduced Queensland as an attractive and profitable destination for investment and received a briefing on Country Garden Holdingsrsquo future investment direction and plans
I provided an update on the Queensland Governmentrsquos current focus and strategy for the four pillar economy I highlighted the improvement of the investment environment in Queensland though the cutting of red tape and promoted the Statersquos capabilities
During the meeting I invited Mr Mo to visit Queensland to evaluate and inspect the projects available for investment in tourism infrastructure and major regional property developments and offered the facilitation services of Trade and Investment Queensland (TIQ)
Country Garden sees Australia as a great place to invest for residential property development The Chairman and the senior management team recently visited Australia in June 2013
My delegation members were also able to introduce their tourism and property development projects to Country Garden
Mr Mo stated that he and his team would visit Australia again to inspect the projects
The Country Garden Holding Company Limited was established in 1992 with headquarters in Foshan and Guangdong Province as well as being listed in the Hong Kong Stock Exchange in 2007 They specialise in large-scale high-end residential and tourism development
49
QUEENSLAND GOVERNMENT RECEPTION GUANGZHOU
Date Friday 26 July 2013
ATTENDEES
Ms Jill Collins Consul General Australian Consulate General in Guangzhou
Mr ZHENG Yongju Deputy Director General of Guangdong Foreign Affairs Office
EVENT SYNOPSIS
At the reception I promoted Queensland as an attractive trade and investment destination and reaffirmed our commitment to closer and stronger business and investment linkages with China especially the Guangdong Province Queenslandrsquos strategic partner in Southern China
The reception attracted 95 guests and targeted Queensland delegatesrsquo business partners in China Chinese business entrepreneurs investors and senior government officials
During the reception I had the opportunity to speak with the Chinese guests and express my appreciation of their interest in doing business with Queensland My mission delegates were able to introduce themselves to the audience In my speech at this reception I mentioned
That this was my second trade mission to China since July 2012 and three other Queensland ministers have also visited Guangdong Province during this period which demonstrated the importance that the Queensland Government placed on its long-standing friendship and relationship with China
The night before I re-signed the Queensland-Guangdong Friendship State Agreement that demonstrated Queenslandrsquos commitment to further strengthening and broadening its bilateral trade and investment ties with China for our mutual benefit
I commented that Guangdong is a very important source of investment for Queensland and praised some of those Guangdong companies including Guangdong Rising Assets Management (GRAM) Guangdong Yudean Group Guangdong Qinfa Group and Lingnan Nonfemet
I also highlighted that our partnership with China also expanded into other fields In tourism the Chinese visitors have notably increased their footprint in Queensland thanks to the regular direct flight services to Queensland offered by the China Southern Airlines
I encouraged Chinese attendees to visit Queensland to see business opportunities first hand
50
MEETING WITH MR WILLIAM HAN CHAIRMAN AND OWNER OF WHITE HORSE GROUP AND PARTNERS
Date Friday 26 July 2013
ATTENDEES
Mr William HAN Chairman White Horse
Ms Tara XIE Chief Executive Officer White Horse
Mr LIN Feng Assistant to General Manager Yuexiu Property
Ms LAI Ya GM for investment Yuexiu Property
Mr LI Handong GM for investment Guangdong China Travel Service (CTS)
MEETING SYNOPSIS
I discussed White Horse (Australia) Holdings Pty Ltdrsquos (WHA) future plans for Lindeman Island and for further tourism investment into Queensland WHA purchased Lindeman Island Resort in April 2012
During the meeting I acknowledged the focus of White Horse resources in the mineral sector and recommended that Mr Han consider investment in other pillars of the Queensland economy such as resources and agriculture
I thanked Mr Han for his participation as a panellist in the Queensland Tourism Investment Forum I recently attended at Parliament House on 22 May 2013 for his recognition of Queenslands environmental attributes and his choice to invest in Queensland
Mr Han introduced his plan for the future development of Lindeman Island Resort including establishing a fund to invest in Australia together with his business partners Yuexiu Property Group and China Travel Service Group (Guangdong) (GD CTS)
Yuexiu is a state owned developer with two public listed subsidiaries in Hong Kong Exchange Market It owns IFC the tallest building in Guangzhou Currently the group is developing its investment plan in Australia
GD CTS is the largest outbound tourism operator in Southern China The company has seen an increasing trend in Chinese tourists travelling to Australia in the last few years and is likely to continue GD CTS is interested in investing in the tourism industry in Australia through the fund
WHA is part of the White Horse Group of companies based in Guangzhou The White Horse Group was established in 1986 and has become one of Chinas most successful advertising and media groups Since 2009 the group has also been investing in real estate and mineral resources
51
HONG KONG
52
OFFICIAL DELEGATION MEMBERS ndash HONG KONG
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
TRADE AND INVESTMENT QUEENSLAND REPRESENTATIVES
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
53
BUSINESS DELEGATION MEMBERS ndash HONG KONG CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade - Queensland
Cr Terence James Deputy Mayor Cairns Regional Council
Ms Kelly Reaston General Manager ndash Planning and Environment Cairns Regional Council
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Russell Kempnich Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Charles Collins Vice President Commercial Banking HSBC Hong Kong
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Peter Hudson
Partner KPMG
Mr Roland Evans Capital Export ndash Commercial Sales amp Investments Knight Frank
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Ms Sandy Lai Senior Associate McCullough amp Robertson
Ms Wendy Bradley Managing Partner Ozone Whitsunday Resort
54
Prof Frank Gannon Senior Manager External Relations Qld Institute of Medical Research
Prof Rajiv Khanna Senior Researcher Qld Institute of Medical Research
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
55
VISIT TO CULTURAL SITES AND INTEGRATED RESORTS IN MACAU
Date Sunday 28 July 2013
ATTENDEES
OFFICIAL PARTY
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries
Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
Ms Angela To Queensland Trade and Investment Commissioner Hong Kong
BUSINESS DELEGATES
Cr Terence James Deputy Mayor Cairns Regional Council
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan
Lawyer Joseph Chan Migration Specialist
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
EVENT SYNOPSIS
Galaxy Macau - owned by Galaxy Entertainment Group Ltd Galaxy Entertainment Group (GEG) through its subsidiary Galaxy Casino SA holds a Macau gaming concession from the Macau SAR Government since 2002 GEG constantly re-designs its growth strategy to meet market demands The tour included inspection of high roller rooms and the Banyan Tree Hotel The Banyan Tree Hotel is an exclusive resort comprising 246 suites including the ultra-exclusive Presidential Suite and 10 pool villas
The Venetian - owned by the Las Vegas Sands Group The Venetian Macao-Resort-Hotel was opened in 2007 with an interior that resembles the city of Venice It is modelled on its sister casino resort the Venetian Las Vegas It is Macaursquos first integrated resort and has 4 casinos The Venetian Macao-Resort features 3000 luxurious suites convention space retail and casino space The Las Vegas Sands Group which owns the Venetian and Palazzo on the Las Vegas Strip earns two thirds of its revenue in Macau
City of Dreams - owned by the Melco Group It features four towers namely the Hard Rock Hotel Crown Towers Hotel and the Grand Hyatt Macau (2 towers) Its three-floor podium includes a mega-casino over 200 shopping facilities and hotel guest facilities City of Dreams has 420000 square feet (39000 m2) of gaming space with over 20 restaurants and bars The property also includes high-end retail space spread across two levels
The delegation viewed historical sites from the Portuguese occupation of Macau
56
MEETING WITH MR KAM HING LAM MANAGING DIRECTOR CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD (CKI)
Date Monday 29 July 2013
ATTENDEES
Mr KAM Hing Lam
Managing Director Cheung Kong Infrastructure Holdings Ltd (CKI)
Ms Wendy Tong Barnes Chief Corporate Affairs Officer Cheung Kong (Holdings) Limited
MEETING SYNOPSIS
The purpose of this meeting was to maintain the long-term relationship Queensland shares with Cheung Kong Infrastructure (CKI) and encourage continued investment into Queensland
During the meeting I provided an update on the Queensland Governmentrsquos new focus on the four pillar economy and outlined key investment opportunities around Queensland and the Governmentrsquos commitment to support investors
I highlighted the improvements to the investment environment in Queensland through the cutting of red tape and promoted the Statersquos benefits and capabilities including the investment opportunities available through government initiatives such as the new Projects Queensland and Tourism Investment Attraction Units
Cheung Kong Group expressed an interest in agribusiness opportunities in Queensland targeting consumers in the Chinese markets
At the conclusion of the meeting I extended an invitation to Mr Kam to visit Queensland and inspect firsthand the key major projects underway in Queensland I also invited CK Life Sciences a subsidiary of CK group to attend Australiarsquos Biotechnology Conference 2013 hosted by AusBiotech between 29 October and1 November 2013 in Brisbane
Cheung Kong Group is one of the biggest overseas investors in Australia with investments amounting to A$11 billion in infrastructure and utilities projects including the Brisbane Port facilities The company has infrastructure assets in electricity water gas transportation pharmaceuticals and telecommunications globally
57
LIVE INTERVIEW WITH ANCHORS SUSAN LI AND SALAMAT IN THE BLOOMBERGrsquoS ASIA EDGE TV BROADCAST
Date Monday 29 July 2013
ATTENDEES
Ms Susan Li Anchor Bloomberg Television
Mr Andy Clarke Executive Producer
MEETING SYNOPSIS
I participated in a live 8 minute interview in the Bloombergrsquos lsquoAsia Edgersquo TV broadcast
During the interview I promoted Queensland as an attractive trade and investment partner
The message of the interview was to provide viewers with an outlook of the Queensland resources industry and the 2014 G20 Leaders Summit in Brisbane
The Bloomberg interview was titled lsquoQueensland focussed on getting AAA rating backrsquo
Bloomberg is a global network broadcasting business and financial news It has a global reach of over 310 million viewers worldwide The companyrsquos headquarters are based in New York and its Asian headquarters in Hong Kong ldquoAsia Edgerdquo is an hour long program that presents extended interviews with the regionrsquos newsmakers as well as panel discussions featuring Bloombergrsquos market reporters business experts and influential guests
58
MEETING WITH DR BENNY WU CHAIRMAN CHANG YUANG GROUP
Date Monday 29 July 2013
ATTENDEES
Dr Benny Wu Chairman Chang Yuang Group (CYG)
MEETING SYNOPSIS
I thanked Dr Wu for his time in providing his investment testimonial for Queensland for the Department of Tourism Major Events Small Business (DTESB) earlier this year Dr Wursquos testimonial is now featured on the Queensland Government Tourism investment gateway
During the meeting Dr Wu provided me with an update of his investment interests in Queensland including his expansion plans for the Double Island Resort He also provided an update on investments under negotiations in Queenslandrsquos tourism industry
Chang Yuang Group (CYG) had recently expanded its investment portfolio to include hotels following their success in mining investment in Queensland Richlands Rockfield (RR) which Dr Benny Wu was the Chairman was acquired by Shandong Energy in 2012
Subsequent to the meeting Dr Wu finalised the purchase of the 150 room Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos tourism industry
59
QUEENSLAND GOVERNMENT BUSINESS RECEPTION HONG KONG
Date Monday 29 July 2013
ATTENDEES
The reception attracted over 180 guests including key business and industry leaders with interests in trade investment and education in Queensland
EVENT SYNOPSIS
I delivered a speech during the reception promoting Queensland as an attractive trade and investment partner reinforcing Queenslandrsquos commitment to continue to do business with Hong Kong
I promoted trade and investment opportunities and business synergies between Queensland and Hong Kong across a number of sectors including food and agribusiness transport and infrastructure energy and resources tourism and education and training
I highlighted that Queensland was actively seeking investment in tourism agriculture resources and construction industries and outlined the Governmentrsquos commitment to cut red tape and streamline approval processes for major projects
I thanked attendees for their support of the long standing relationship with Queensland I also acknowledged the support by the Australian Chamber of Commerce Hong Kong and Macau CPA Australia Hong Kong and China and Federation of Australian Alumni Association in Hong Kong
I encouraged the existing and potential Hong Kong investors and buyers to continue to do business with Queensland
Queensland food suppliers featured and promoted at the luncheon included Visco Fine Food CEAS Spanner Crab OBE Organic Beef Inglewood Organic Farms Bundaberg Brew Drinks and Golden Circle
The Queensland menu for the function included Queensland premium quality seafood meat and drinks Some dishes included Queensland fresh antipasti organic beef and organic chicken
60
TREASURER INTERVIEWED BY SOUTH CHINA MORNING POST
Date Monday 29 July 2013
ATTENDEES
Ms Anita Lam South China Morning Post
EVENT SYNOPSIS
I promoted Queensland as a reliable trade partner and attractive investment destination and the need to reduce trade barriers the ldquoSignificant Investment Visardquo scheme and the $55 billion Queensland Government tenders on infrastructure projects An article was featured in the Business section of the SCMP wiht the headline of ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
61
MEETING WITH MR DAVID CHIU CHAIRMAN OF FAR EAST CONSORTIUM INTERNATIONAL LTD (FEC) AND CHAIRMAN OF DORSETT HOSPITALITY INTERNATIONAL
Date Monday 29 July 2013
ATTENDEES
Mr David Chiu
Chairman Far East Consortium International Ltd (FEC) and Chairman of Dorsett Hospitality International
Ms Winnie Chiu
President of Dorsett Hospitality International
MEETING SYNOPSIS
The purpose of this meeting was to promote Queensland as a reliable business partner and an attractive investment destination and encourage the Chairman of Far East Consortium (FEC) to consider investing in Queensland
I promoted Queensland as a strategic investment destination for tourism infrastructure and construction and offered the Queensland Governmentrsquos support as FEC investigates opportunities to invest in Queensland
I highlighted the importance of tourism and construction as key pillars of the Queensland economy (along with agriculture and resources and mining)
I cited the improvements to the investment environment in Queensland such as cutting red tape and promoted the Statersquos opportunities available through new government initiatives such as the Projects Queensland and Tourism Investment Attraction Units
I highlighted that Queensland is seeking to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Brisbane City Councilrsquos new moratorium on infrastructure for 5 star branded hotels I also noted that the regions such as Cairns and Logan would welcome an upscale Grand Dorsett hotel or Boutique Kosmopolito
I invited the Chairman to visit Queensland to evaluate and inspect a range of projects particularly in the tourism infrastructure space
Founded in 1960 Far East Consortium International Limited (FEC) is one of Asias largest property developers and is a public company registered on the Hong Kong Stock Exchange since 1972
FEC commenced operations in Australia in 1994 and had developed 12 landmark properties in Melbourne FEC also holds Dorsett Hospitality International Limited an investor owner and operator of hotels worldwide Dorsett Hospitality International Limited operates 17 hotels with 7 new hotels in the pipeline making up a total of more than 7000 rooms
62
MEETING WITH MR TSANG CHUN-WAH (JOHN) GBM JP FINANCIAL SECRETARY OF HONG KONG SAR GOVERNMENT
Date Monday 29 July 2013
ATTENDEES
Mr Tsang Chun-Wah (John) GBM JP
Financial Secretary of Hong Kong SAR Government
Mr Paul Tighe Australian Consul-General
MEETING SYNOPSIS
During the meeting I acknowledged the role that Hong Kong plays in strengthening Queenslandrsquos economy and conveyed that Queensland has a strong interest in investment cooperation with Hong Kong
I received an update on the Hong Kong Governmentrsquos economic social and regional challenges and the opportunities for Queensland
I promoted Queensland as an attractive trade and investment partner across a range of industries including construction and infrastructure agribusiness resources and energy (including LNG) tourism education and training
At the conclusion of the meeting I invited Mr Tsang to visit Queensland during the 2014 G20 Leaders Summit in Brisbane
The Financial Secretaryrsquos primary responsibility is to assist the Chief Executive (equivalent to a State Premier) in overseeing policy formulation and implementation in financial monetary economic trade and employment matters The Financial Secretary exercises the control over the Exchange Fund with the assistance of the Monetary Authority and is also responsible for the Government budget
63
MEETING WITH MR KHOON EAN KUOK CHAIRMAN OF KERRY HOLDINGS LIMITED
Date Tuesday 30 July 2013
ATTENDEES
Mr Beau KUOK
Chairman and Chief Executive Officer of Shangri-La Asia Ltd and Director of Kerry Holdings Ltd
Mr Madhu Rao
Executive Director amp Chief Financial Officer of Shangri-La Asia Limited
Mr Greg Dogan President amp Chief Executive Officer of Shangri-La International Hotel Management Limited
MEETING SYNOPSIS
This meeting was an opportunity to seek an update on their operations Shangri-La Asia Ltdrsquos (SLA) Queensland hotel investments comprises Traders Hotel in Brisbane (formerly Holiday Inn) and Shangri-La Cairns (majority stakeholder)
During the meeting I promoted Queensland as a reliable trade partner and attractive investment destination and encouraged further investment in Queenslandrsquos tourism industry by SLA and Kerry Holdings Ltd (KHL)
I promoted Queensland as a strategic destination for further investment by SLA and reiterated the governmentrsquos commitment to attracting foreign direct investment into tourism infrastructure to attract more hotels to meet the growing demand for quality accommodation in Brisbane
I introduced Cr Terry James of Cairns Regional Council Cr Luke Smith of Logan City Council and Professor Frank Gannon of QIMR as well as the Ella Bay project near Cairns
KHL is in the hotel real estate and industrial manufacturing businesses in Hong Kong and Mainland China KHL also engages in edible oil logistics and warehousing businesses palm oil and sugar plantations and refineries bottling plants and publishes a newspaper
Hong Kong based SLA began with is first hotel in Singapore in 1971 and now operates over 80 hotels and resorts throughout the Asia Pacific North America the Middle East and Europe It is recognised as one of the worldrsquos finest hotel ownership and management companies
64
INDONESIA
65
OFFICIAL DELEGATION MEMBERS ndash JAKARTA
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
66
BUSINESS DELEGATION MEMBERS ndash JAKARTA CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Mr Trevor Ganley
Director Charlton Brown
Mr John Stevenson Chief Financial Officer Consolidated Pastoral Company
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Nick Gandolfo Head of International Business HSBC Indonesia
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Mr Brett Wightman Associate Principal Populous
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
67
MEETING WITH DR BAYU KRISNAMURTHI VICE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
Date Wednesday 31 July 2013
ATTENDEES
Dr Bayu Krisnamurthi Vice Minister of Trade Republic of Indonesia
Mr Gary Jusuf Indonesian Consul General Sydney
MEETING SYNOPSIS
I highlighted the importance of Queenslands trade relationship with Indonesia and identified areas of mutual interest where trade partnerships can grow I promoted co-operations in tourism education and training food and agribusiness METS energy and infrastructure
We discussed the establishment of a Trade and Investment Queensland (TIQ) representative office in Jakarta which received approval on the day I arrived The Ministry of Trade is one of three Indonesian Government agencies responsible for reviewing the procedures for overseas State Government representative offices in Indonesia The other two agencies are the Indonesian Ministry of Foreign Affairs and the Indonesian Investment Coordinating Board BKPM
I informed Dr Bayu Krisnamurthi that the new Trade and Investment Commissioner in Jakarta will be responsible for the ASEAN region
I noted that my colleague the Honourable Dr John McVeigh MP Minister for Agriculture Fisheries and Forestry visited Indonesia in May 2013 together with the Hon Willem Westra van Holthe the Northern Territory Agriculture Minister to re-establish relationships in relation to the live cattle trade
I invited the Vice Minister to consider leading a high level delegation to Queensland in 2013-2014 with the objective of growing trade and investment ties between Queensland and Indonesia
I highlighted the many opportunities for Queensland to become a strategic partner with Indonesiarsquos local mining industry Queenslandrsquos capability in all stages of the mining industryrsquos supply chains specifically in equipment supply technology and services including training and education are good examples of areas for strategic partnership
I noted that the Memorandum of Understanding (MOU) between Queensland and Central Java was recently extended and signed by the Premier of Queensland and Governor of Central Java on 18 March 2013 Queensland has had Sister State relationship with Central Java since 1991
I encouraged the Minister to foster deeper engagement between universities in Queensland and Indonesia through international partnerships and research collaboration
68
MEETING WITH MR IRWAN SJARKAWI PRESIDENT COMMISSIONER OF PT BAKRIE amp BROTHERS TBK
Date Wednesday 31 July 2013
ATTENDEES
Mr Irwan Sjarkawi
President Commissioner of PT Bakrie amp Brothers
MEETING SYNOPSIS
The meeting provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with the Bakrie Group
The Bakrie Group is one of the largest business groups in Indonesia with diversified business interests from mining oil real estate construction to agriculture media and telecommunications Most of its member companies are listed on the Indonesian Stock Exchange The company also owns the Brisbane Roar
The group contributes 06 to the Indonesian GDP and has 120 senior executives and employs 1700 people in Indonesia
I discussed the purpose and objectives of my visit to Indonesia and encouraged Bakrie to consider Queensland as a business partner
I mentioned the establishment of a Trade and Investment Queensland Representative Office in Jakarta later this year
The company has a new university which was about 3 years old with 2000 students with the aim to increase to 5000 Initially 71 of the students were from low income backgrounds and regional cities The courses being offered included engineering accounting and business management There are opportunities for partnerships with universities in Queensland
Mr Sjarkawi also mentioned that Sumatra would like to focus on education and language skills and is keen to attract teachers from Australia who may want to teach there with the local government providing accommodation
He also mentioned that the city of Padang is looking for a sister city relationship
Mr Sjarkawi also gave a separate presentation to my business delegates regarding the Bakrie grouprsquos business activities
69
LUNCH MEETING HOSTED BY ANZ INDONESIA FOLLOWED BY SITE TOUR OF ANZ BUILDING
Date Wednesday 31 July 2013
ATTENDEES
A number of key ANZ clients attended the lunch along with my business delegation
MEETING SYNOPSIS
The meeting provided an opportunity to discuss the opening of the Trade and Investment Queensland office in Jakarta
I advised ANZ that the Queensland Government received the approval for the opening of the Office from the Indonesian Government yesterday the day of my arrival in Jakarta This approval is considered the fastest approval of any state government registration process
The new Queensland Trade and Investment Office will be based in the ANZ building to give Queenslandrsquos access to the Bankrsquos well established networks in the market
ANZ has 28 branches and more than 48000 staff in 11 cities across Indonesia providing customers with a full-fledged banking suite
I highlighted the importance of Queenslandrsquos trade relationship with Indonesia and areas where trade can grow such as tourism education and training food and agribusiness mining equipment technology and services (METS) energy and infrastructure
I advised the guests that the Queensland Government will appoint an Association of South East Asian Nations (ASEAN) Trade Commissioner based in Jakarta who will be responsible for business development for the region
I inspected the location of the new TIQ office in the building following the luncheon
70
MEETING WITH HE MR GREG MORIARTY AUSTRALIAN AMBASSADOR TO INDONESIA EMBASSY OF AUSTRALIA
Date Wednesday 31 July 2013
ATTENDEES
HE Mr Greg Moriarty
Australian Ambassador to Indonesia and senior Embassyrsquos staff
MEETING SYNOPSIS
I expressed appreciation to the Ambassador for his support in lodging a formal request for approval of the establishment of a Queensland Government Trade and Investment Queensland representative office in Jakarta with the Indonesian Ministry of Foreign Affairs
I outlined that the new Trade and Investment Commissioner will be responsible for the Association of South East Asian Nations (ASEAN) region The Commissioner will be supported by a number of dedicated Indonesia focused business development managers
The Ambassador outlined Indonesiarsquos current climate in relation to political economic and financial conditions
I discussed Queenslandrsquos target sectors for Indonesia including investment attraction and education and training infrastructure energy METS and agribusiness as well as leading-edge research alliances
I highlighted the importance of the education and training linkages in particular the need to build up our alumni base
I also highlighted the governmentrsquos commitment to tourism as a pillar of the statersquos economy and noted the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I discussed Oz Fest Indonesia 2014 which is aimed at raising profile of Australia in Indonesia Queensland has confirmed a Silver Partnership status
71
QUEENSLAND GOVERNMENT RECEPTION HOSTED BY THE AUSTRALIAN AMBASSADOR TO INDONESIA HE MR GREG MORIARTY
Date Wednesday 31 July 2013
KEY ATTENDEES
There were over 100 attendees at the reception from a variety of sectors including mining infrastructure and construction education and training energy legal media sports business and government Mr Kusdarminto the Head Representative of Central Java Provincial Government in Jakarta attended on behalf of the Governor of Central Java
EVENT SYNOPSIS
The reception provided an opportunity to highlight Queenslands aim to strengthen trade and investment links and promote a long-term relationship with Indonesia
I announced the establishment of Trade and Investment Queensland Representative Office in Jakarta later this year
The Office will provide assistance to Queensland businesses interested in doing business in Indonesia and Indonesian based multinational companies interested in investing in Queensland
I highlighted the commencement of daily flights by Garuda Indonesia Airlines to Brisbane via Denpasar (Bali) departing Indonesia that evening
I acknowledged that the Honourable Campbell Newman MP Premier of Queensland and His Excellency Mr Bibit Waluyo Governor of Central Java signed an extension of the Sister State Memorandum of Understanding between Queensland and Central Java on 18 March 2013
During the reception I met with the delegation from Central Java and the former Vice Governor of Central Java Mr Andi Soesmono who also congratulated me on the announcement of the office in Jakarta
I thanked the representatives from Central Java Government and the Consul General Sydney Mr Gary Jusuf for their support of Trade and Investment Queensland opening its representative office in Jakarta
72
MEETING WITH MR EMIRSYAH SATAR PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GARUDA INDONESIA
Date Thursday 1 August 2013
ATTENDEES
Mr Emirsyah Satar
President and Chief Executive Officer Garuda Indonesia
Mr Adhe Rassat Sales Manager Australia and South West Pacific Garuda Indonesia
Mr Tenten Wardhaya Vice President Network Management Garuda Indonesia
Mr Pujobroto Vice President Corporate Communications Garuda Indonesia
Mr Heriyanto Vice President Chief Executive Officer Office Garuda Indonesia
MEETING SYNOPSIS
I congratulated Garuda on its daily flight between Brisbane and Jakarta via Denpasar (Bali) commencing 1 August 2013
I highlighted the Queensland Governmentrsquos commitment to tourism as a key pillar of the statersquos economy and note the governmentrsquos commitment to doubling visitor expenditure to $30 billion by 2020
I congratulated Mr Satar for Garudarsquos success to be among the top 10 airlines in the world according to recent World Airline Awards and that I would be flying Garuda Indonesia (flight 828) with my delegation members to Singapore straight after this meeting
I advised Mr Satar about the DestinationQ Forum that will be held on 27-28 August 2013 at the Gold Coast Convention and Exhibition Centre
I advised Mr Satar that the Queensland Government will open a Trade and Investment Queensland (TIQ) representative office in Jakarta in anticipation of growing business and trade activities between Queensland and Indonesia
Mr Satar is a keen bicycle rider and we discussed opportunities for Queensland to attract bike riding groups from Indonesia
Garuda Indonesia is the flag carrier of Indonesia and serves as a full service airline Garuda Indonesia currently operates 82 aircrafts and serves 33 domestic and 18 international destinations in Asia (Regional Southeast Asia Middle East China Japan and South Korea) Australia and Europe (The Netherlands)
Subsequent to the meeting I officiated on behalf of the Queensland Government the Garudarsquos official launch function of its new services in Brisbane on 20 August 2013
73
SINGAPORE
74
OFFICIAL DELEGATION MEMBERS ndash SINGAPORE
The Honourable Tim Nicholls MP
Treasurer and Minister for Trade
Mr Matt Jeffries Senior Advisor Office of the Treasurer
Ms Nussara Smith Director Overseas Market Development Trade and Investment Queensland
75
BUSINESS DELEGATION MEMBERS ndash SINGAPORE CONTACT DETAILS
Mr Brian Clark CEO Anscape Pty Ltd
Mr Russell Shields Chairman Queensland and Northern Territory ANZ
Ms Cheryl Stanilewicz State Director Austrade
Ms Lisa Liang Executive Director Capital Investment
Ms Kay Ganley
CEO Charlton Brown
Mr Rodney Lamb Director Ella Bay Pty Ltd
Mr Anthony Lin Principal Solicitor Goodman Lawyers
Mr Joseph Chan Lawyer Joseph Chan Migration Specialist
Cr Timothy Luke Smith Chair Economic Dev Committee Logan City Council
Mr John Oberhardt Deputy CEO ndash Organisational Services Logan City Council
Mr Andrew Park Head of External Affairs Queensland Investment Corporation
Mr David Henry Chief Executive Officer Springfield Land Corporation
76
QUEENSLAND ALUMNI RECEPTION HOSTED BY HIS EXCELLENCY MR PHILIP GREEN OAM HIGH COMMISSIONER TO SINGAPORE
Date Thursday 1 August 2013
ATTENDEES
- HE Mr Philip Green OAM High Commissioner to Singapore - Approximately 150 guests
EVENT SYNOPSIS
The event was an opportunity to promote Queenslandrsquos education industry and provided a platform for Queensland alumni and business delegates to discuss business opportunities share ideas and expand networks
Queenslandrsquos alumni network is a useful channel in fostering closer economic and cultural ties between Queensland and Singapore
I delivered a speech welcoming the international alumni and thanking them for studying in Queensland I also used the opportunity to promote Queensland as a superior choice for education and highlighted some of our research successes
I encouraged alumni to consider Queensland for business and investment opportunities as they progress in their careers
The Alumni were invited through the Queensland based universities coordinated by Trade and Investment Queensland Additionally key industry stakeholders were also invited by the Australian High Commission
The event was hosted by the High Commissioner HE Mr Philip Green and according to his feedback was one of the most successful events he has hosted with around 150 attendees
The alumni appreciate the opportunity to stay connected with Queensland and to meet with a senior Queensland Government Minister
Continued engagement with the alumni network is one of the strategies that Trade and Investment Queensland will continue to implement to promote our education industry internationally
My business delegation members also had an opportunity to network with attendees and to discuss new opportunities
77
PRIVATE LUNCH HOSTED BY UNITED OVERSEAS BANK AND WITH INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Wee Ee Cheong Deputy Chairman and CEO of UOB o Senior executives of UOB and their major clients from South East
Asia
MEETING SYNOPSIS
United Overseas Bank (UOB) as a major bank in Singapore has been operating very successfully in Australia since 1984 Its project financing credential is extremely impressive and includes some multi-billion dollar infrastructure deals in Australia and Queensland It currently has a portfolio in excess of $4 billion in AustraliaQueensland
UOB can attest that the Queensland Government is progressive and commercial This was a key reason for the Bank to open its office in Brisbane which I officially opened in March this year
The Bank can play a strategic role in assisting the Queensland Government to attract investors into Queensland
The luncheon provided opportunity to promote Queensland as an attractive trade and investment partner and outline our commitment to continue to do business in Singapore
I delivered a speech highlighting the strength of Queenslandrsquos economy above average forecasted growth rates in comparison to the other advanced economies and Queenslandrsquos current economic indicators
I stressed that the Queensland Government understands business and the importance of growing a diverse economy It is committed to growing a four pillar economy including tourism agriculture resources and construction To help boost Queenslandrsquos economy and create jobs we are cutting red tape and regulation and speeding up project approvals for business
Singapore is the fourth largest investor in Australia behind the United States Britain and Japan with approximately $50 billion worth of investment in Australia at the end of 2011
I promoted opportunities in the tourism infrastructure sector as Singapore is a major source of investment into this industry in Australia and Queensland
My delegation members had opportunities to meet with important business leaders from Singapore and the South East Asia region
It is expected a number of business people who attended the luncheon will visit Queensland in the near future to explore business opportunities
Trade and Investment Queensland will continue to work with the UOB to promote Queensland trade and investment opportunities to the region
78
INVESTMENT ROUNDTABLE WITH ANZ SINGAPORE AND INVESTORS
Date Friday 2 August 2013
ATTENDEES
o Mr Ho Meng Kit CEO Singapore Business Federation (SBF) o Mr Bill Foo Deputy Chairman ANZ Singapore o Approximately 35 key Singapore business representatives
EVENT SYNOPSIS
The roundtable provided opportunity to promote Queensland as an attractive trade and investment partner and to outline our commitment to continue to do business in Singapore
It also provided an opportunity for my delegation members to pitch investment opportunities Three presentations were also made at the round table by Councillor Luke Smith Chair of Governance Finance and Economic Development Committee Logan City Council Mr Rod Lamb Director of Ella Bay a major resort development project and Mr David Henry CEO of Springfield Land Corporation
Singapore Business Federation (SBF) is the apex business chamber that champions the interests of the Singapore business community in trade investment and industrial relations
SBF in conjunction with ANZ Singapore and the International Enterprise (IE) invited a select group of prominent business leaders to this event
I opened the roundtable and outlined the strength of Queenslandrsquos economy and business opportunities in the four pillar industry sectors agribusiness construction mining and tourism underpinned by our education sector
I encouraged investment in Queensland noting opportunities in sectors including
Food and Agribusiness ndash Queensland is world renowned for producing high quality safe clean and green food The Agri-Food amp Veterinary Authority of Singapore has identified Queensland as a strategic food source in its Food Security Strategies
Supply chain industries to service the emerging Coal Seam Gas and LNG industries
Aviation and Aerospace ndash Queensland is Australiarsquos centre for aviation training a growing hub for RampD of emerging aviation technologies and Singapore Airlines has invested in excess of $40 million in its training school on the Sunshine Coast
Bio Industries ndash bio fuels medical devices and diagnostics therapeutics and complementary medicine
Mining Equipment and Services ndash a global hub for mining services world-class mining technology and service expertise and
Tourism infrastructure including hotels
I again stressed that the Queensland Government is committed to helping business flourish we are cutting red tape and regulation and speeding up project approvals for business to help get Queenslandrsquos economy growing and creating jobs
79
I acknowledged Singaporersquos importance to Australia and Queensland in terms of investment as the fourth largest investor in Australia behind the US Britain and Japan with approximately $50 billion worth of investments in Australia at the end of 2011
I also discussed with Mr Meng Kit and Mr Bill Foo a plan to regularly bring in inbound business delegations from Singapore to Queensland to tie in with major events in Queensland
80
MEETING WITH MR S ISWARAN MINISTER PRIME MINISTERS OFFICE SECOND MINISTER FOR HOME AFFAIRS SECOND MINISTER FOR TRADE AND INDUSTRY
Date Friday 2 August 2013
ATTENDEES
o Mr S Iswaran Minister Prime Ministers Office Second Minister For Home
Affairs Second Minister For Trade And Industry o Mr Chan Khar Liang Director North Asia and South East Asia Division o Mr Kelvin Tan Wei Yang Assistant Director South-East Asia Division
KEY DISCUSSION POINTS
I met for over an hour with the Minister and I outlined the Queensland Governmentrsquos four pillar economy and provided an overview of Queenslandrsquos Coal Seam Gas (CSG) and Liquefied Natural Gas (LNG) developments
I also informed the Minister about potential opportunities for the development of shale gas and tight gas industries in Queensland
In view of the close and long-standing bilateral relationships geographical proximity between Singapore and Queensland and the advancement of Queenslandrsquos energy sector I encouraged the Singapore Government to increase its involvement with Queensland especially in the areas of investment education and research and development
Opportunities for collaboration in the agribusiness sector was also discussed considering Queenslandrsquos reputation for producing clean and green products and that we are already exporting a range of food products to Singapore
I also mentioned that Queensland will host the G20 Leadersrsquo summit and the G20 Finance Ministers and Central Bank Governorsrsquo meetings next year
I invited Minister Iswaran to visit Queensland including a visit to Gladstone to view the CSG project development The Minister indicated his interest in visiting Queensland
81
PRIVATE DINNER WITH KEY ANZ SINGAPORE INVESTOR CLIENTS
Date Friday 2 August 2013
ATTENDEES
Mr Bill Foo Deputy Chairman ANZ Singapore and a number of ANZ investment clients attended the dinner
EVENT SYNOPSIS
This private dinner provided an opportunity to promote Queensland as an ideal trade and investment partner
A selection of current or potential investors in Queensland participated in this dinner hosted by ANZ Singapore
I also took the opportunity to personally thank current investors for their contribution to Queensland and welcomed new investors
Mission members were able to meet with investors and discuss their business opportunities
I delivered an informal speech to promote Queensland as a key investment destination particularly in the hotel and tourism infrastructure sector
82
ATTACHMENT 1 ndash MEDIA RELEASES
JOINT STATEMENT Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
China Southern Airlines to fly daily to Queensland
Queenslandrsquos tourism industry has received another boost today with China
Southern Airlines officially confirming it will increase its Guangzhou-Brisbane route to a daily service from 21 November 2013
Minister for Tourism Major Events Small Business and the Commonwealth
Games Jann Stuckey welcomed the news which represented a 75 per cent
increase in the routersquos current capacity
ldquoThis is fantastic news for Queensland and a show of confidence in our tourism industryrdquo Ms Stuckey said
ldquoThe new daily service will add more than 33000 available seats for Chinese visitors to access Queensland each year
ldquoIncreasing aviation access is paramount to the strength of Queenslandrsquos tourism
industry and the Governmentrsquos goal is to double annual overnight visitor
expenditure from $15 billion to $30 billion by 2020rdquo
Ms Stuckey said China was now Queenslandrsquos second largest international market and one of its fastest growing
Queensland welcomed 279000 Chinese travellers in the year to March 2013 according to the latest Tourism Research Australia figures
The overall number of Chinese visitors to Queensland was up 23 per cent in the
year ndash these visitors spent $511 million on their trips to the State $109 million
more than the previous year
ldquoChina Southern Airlines launched its first direct service to Queensland in November 2010 with three-weekly flightsrdquo Ms Stuckey said
ldquoThe State shares a strong relationship with the airline which is only strengthened by todayrsquos announcementrdquo
Queensland Treasurer and Minister for Trade Tim Nicholls recently met with
officials from China Southern in Guangzhou to encourage further flights as part of
83
his trade mission in July
ldquoThat meeting reinforced the Newman Governmentrsquos commitment to this partnership and the strong potential for future growthrdquo Mr Nicholls said
ldquoGuangzhou is one of the economic powerhouses of China and itrsquos fantastic to have direct access to what is an increasingly important market
ldquoThe strength of our relationships with Chinese partners are the result of our
efforts to reach out to this market and are bolstered through regular government-led trade and investment missionsrdquo
Mr Stuckey said Tourism and Events Queensland (TEQ) would continue to work
closely with China Southern Airlines and other industry partners to support the service with marketing activity in China
ldquoItrsquos a great achievement to have built this demand and secured daily flights in
just under three years since the inaugural flightrdquo she said
China Southern Regional General Manager AustraliaNew Zealand Henry He said the airline was pleased with the positive response to its Queensland flights
ldquoQueensland offers wonderful natural attractions and great shopping and nightlife experiences that appeal to Chinese travellersrdquo Mr He said
[ENDS] 20 August 2013
MEDIA CONTACTS
Minister Stuckeyrsquos Office ndash 07 3224 2002
Treasurerrsquos Office ndash 07 3224 6900
Tourism and Events Queensland - 07 3535 5840
Unsubscribe
84
JOINT STATEMENT
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Minister for Tourism Major Events Small
Business and the Commonwealth Games
The Honourable Jann Stuckey
Chinese investor expands far north Queensland tourism portfolio
Major Chinese investor Benny Wu has finalised the purchase of the 150 room
Acacia Court Hotel in Cairns in a sign of international confidence in the Statersquos
tourism industry
Minister for Tourism Major Events Small Business and Commonwealth Games
Jann Stuckey said Queensland is increasingly on Chinarsquos radar as a major visitor
destination and Dr Wursquos investment in the State will provide more of the needed visitor facilities
ldquoThis is fantastic news for Queensland and a major boost to our tourism
industryrdquo Ms Stuckey said
ldquoDr Wursquos investment of the Acacia Court Hotel follows his property purchase on Double Island earlier this year
ldquoThese investments will include major refurbishment and upgrades to the properties
ldquoIncreasing the quantity and quality of our visitor attractions accommodation and
services is paramount to the strength of Queenslandrsquos tourism industry and the
Governmentrsquos goal of doubling annual overnight visitor expenditure from $15 billion to $30 billion by 2020
ldquoIn the year to March 2013 Queensland welcomed 279000 Chinese travellers
making China the Statersquos second largest and one of our fastest growing international markets
ldquoThe Newman Government remains committed to gaining the needed investment
in the Statersquos attractions and accommodation to take our tourism industry into
the future facilitating opportunities through its dedicated Tourism Business Attraction Unitrdquo
Treasurer and Minister for Trade Tim Nicholls said Dr Wursquos investment was a show
of confidence in Queensland and where the State was headed under the Newman
Government
ldquoI had the opportunity to discuss the many opportunities for investment in
Queenslandrsquos tourism sector with Dr Wu while in Hong Kong on a trade mission
85
last monthrdquo Mr Nicholls said
ldquoJust like the Newman Government is confident in the direction this state is
headed Dr Wu is similarly optimistic about the potential for growth in Queenslandrdquo
Mr Nicholls said Government-led trade and investment missions played an
important role in promoting Queensland on an international stage
ldquoWe have an extremely positive story to tell to the world and these missions are about marketing that to an international audiencerdquo he said
[ENDS] 16 August 2013
Media Contact Treasurerrsquos Office ndash 07 3224 6900
Minister Stuckeyrsquos office - 07 3224 2004
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86
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer slings into Singapore to promote investment
Queensland Treasurer and Minister for Trade Tim Nicholls has begun the final leg
of his two-week Trade Mission with a visit to one of Asiarsquos major business hubs Singapore
Mr Nicholls will meet with representatives from Singaporersquos banking and finance
industry to promote a range of partnership and infrastructure investment
opportunities
ldquoSingapore and Queensland have a strong trade relationship with two-way
merchandise trade valued at more than $25 billion in 2011-12rdquo Mr Nicholls said
ldquoStatistics from Tourism and Events Queensland show the number of tourists visiting Queensland from Singapore increased by 25 per cent in 2012
ldquoThis comes after Scoot Airlines began five weekly services between Singapore
and the Gold Coast in June last year opening the door for more than 100000 extra international travellers to visit our shores each yearrdquo
Mr Nicholls said Singaporersquos confidence in Queensland was also evidenced by
Singaporersquos United Overseas Bank (UOB) opening an office in Brisbane in March this year
ldquoUOB is Singaporersquos largest bank and is currently financing projects and business
across Australia to a value of approximately $4 billion primarily in the real estate services and resources sectorsrdquo he said
ldquoLike many of our Asian neighbours Singapore is looking for business and
investment opportunities and Queenslandrsquos robust investment climate is a big drawcard
ldquoThis Trade Mission has reinforced the importance the Government puts on
Queenslandrsquos place in the global economy as we seek new opportunities to enhance two-way trade and investmentrdquo
Mr Nicholls has spent the past two weeks seeking a new wave of opportunities for
the State leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore
[ENDS] 1 August 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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87
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer reaffirms commitment to Indonesia
Treasurer and Minister for Trade Tim Nicholls today reaffirmed Queenslandrsquos
commitment to strengthening ties with Indonesia with a visit to the proposed site of Trade and Investment Queenslandrsquos (TIQ) new Jakarta office
Mr Nicholls said the Ministry of Foreign Affairs of the Republic of Indonesia had
late yesterday officially approved the Newman Governmentrsquos request to establish a TIQ representative office in Jakarta
Speaking from Jakarta where he is currently meeting key Indonesian
Government and business representatives Mr Nicholls said the Newman Government recognised Indonesia as a vital trading partner for Queensland
ldquoIndonesia Queenslandrsquos largest neighbour is home to more than 240 million
people and has a rapidly growing middle classrdquo Mr Nicholls said
ldquoIn the last three years economic growth in Indonesia has averaged more than
six per cent meaning it consistently ranks among the worldrsquos most impressive emerging markets
ldquoQueenslandrsquos proximity to and strong ties with Indonesia means we are well placed to capitalise on the countryrsquos robust growth forecastsrdquo
Mr Nicholls took time during his visit to inspect the proposed site for TIQrsquos new
Jakarta office announced after a comprehensive review of the State
Governmentrsquos export and investment agency
ldquoIndonesiarsquos continued economic growth provides enormous opportunities for our State particularly for our four economic pillarsrdquo he said
ldquoTwo-way merchandise trade between Indonesia and Queensland in 2011-12
(latest financial year data) was valued at $21 billion providing a major contribution to the Statersquos economy
ldquoIncreasingly more Queensland businesses - particularly in the education and
agribusiness sectors - are seeking advice from TIQ about opportunities in Indonesia
ldquoOpening this office is about assisting our local businesses and fostering trade opportunities with the economic powerhouse of our region
ldquoMy visit builds on the great work undertaken by Minister for Agriculture
Fisheries and Forestry John McVeigh to rebuild trade relations that were damaged
by the Federal Labor Governmentrsquos ill-conceived ban on live cattle exportsrdquo
Mr Nicholls will tomorrow meet with Garuda Indonesia CEO and President
88
Emirsyah Satar to thank him for his commitment to Queensland and to congratulate the company on opening a new office in Brisbane
ldquoTrade relations between Queensland and Indonesia will be further enhanced with
the aid of direct daily flights starting tomorrowrdquo Mr Nicholls said
ldquoThis is a major coup for our great State and will further increase tourism and
business travel between our regionsrdquo
[ENDS] 31 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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89
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Hong Kong collaborate on cancer vaccine
A therapeutic vaccine to prevent a form of throat cancer is one step closer with
Queensland Treasurer and Minister for Trade Tim Nicholls today announcing a second phase of clinical trials
Delegates from the Queensland Institute of Medical Research (QIMR) joined Mr
Nicholls in Hong Kong this week to attract investment in the Phase II clinical trial
and to brief existing philanthropic supporters on the research projectrsquos progress
Mr Nicholls congratulated researchers on the projectrsquos success to date and said its
continuation presented an exciting new opportunity for potential investors
ldquoQueenslandrsquos research and biotechnology expertise is recognised around the
world opening the door for even greater collaboration and educational exchangesrdquo Mr Nicholls said
ldquoAs such I have today extended an invitation to (Cheung Kong) CK Life Sciences
to lead a biotechnology delegation to Brisbane in October as part of 2013
AusBiotechrdquo
QIMR Director and CEO Frank Gannon said the research project was an important collaboration between QIMR and Hong Kong University
ldquoOur goal is to improve cancer survival for people with nasopharyngeal carcinoma
(NPC) an aggressive cancer and major health problem in South East Asiardquo Professor Gannon said
QIMR Senior Principal Research Fellow Rajiv Khanna said the long term aim of the
research was to develop a vaccine that prevents the cancer
ldquoFollowing the promising results achieved in a Phase I clinical trial with terminal
nasopharyngeal carcinoma patients using immunotherapy QIMR and Hong Kong
University have commenced a new trial treating patients in the early stages of metastatic NPCrdquo Professor Khanna said
ldquoEach year more than 80000 patients are diagnosed with NPC with the majority
of these cases seen in Southern China and Hong Kongrdquo
[ENDS] 29 July 2013 Media Contact
Treasurerrsquos Office +61 7 3224 6900QIMR +61 7 3362 0249
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90
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer visits China to attract investment in Queensland
Treasurer and Minister for Trade Tim Nicholls will reaffirm the Statersquos commitment
to one of its largest trading partners by re-signing the Queensland-Guangdong Friendship State Agreement today
Mr Nicholls who is in China as part of a fortnight-long Trade Mission throughout Asia said the agreement was first signed in 2008
ldquoIts continuation will bring our regions even closer togetherrdquo Mr Nicholls said
ldquoFor the first time China is on track to overtake Japan as Queenslands largest
merchandise export market with ABS data showing Queenslandrsquos merchandise
exports to China reached $82 billion in the first 11 months of the 2012-13 financial yearrdquo
Mr Nicholls also used his visit to China to speak to leading business people about business migration and significant investor visas (SIV)
ldquoUnder the previous Labor Government in 2011-12 Queensland sponsored only 212 visas whilst 22247 State-sponsored places were filled nationallyrdquo he said
ldquoAs part of the Newman Governmentrsquos first State Budget I announced a
comprehensive review of Queenslandrsquos criteria for State-nominated skilled and
business migration to reduce hurdles in the business and skilled migration program
ldquoThese changes are already making an impact with an increase of 408 per cent in the number of skilled-migrant nominations since April
ldquoAs part of our commitment to maximise investment that directly benefits
Queensland we now have some of the broadest SIV criteria in the nation
ldquoOur approach is already delivering positive results with Queensland nominating the second ever significant investment visa ever issued in Australia
ldquoJust last week a Chinese company received approval under the SIV program to
invest in a $180 million housing estate in the Queensland mining town of Emerald
ldquoLast financial year we saw an estimated $46 billion in foreign direct investment
from China - a significant increase on previous years
ldquoWe also hosted 261000 Chinese visitors last year with an estimated expenditure of $468 millionrdquo
91
Mr Nicholls said leaders from across the world including China would descend on Brisbane in November next year for the G20 Leadersrsquo Summit
ldquoWe are honoured to have been selected to host this important event as these nations together set the agenda for the global economyrdquo he said
[ENDS] 25 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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92
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Newman Government signs agreement with major Korean bank
The Newman Government has today signed an agreement with the Export-Import
Bank of Korea (Korea EximBank) which will enhance opportunities for overseas investment in Queensland
Speaking at a Queensland Government reception in Seoul Treasurer and Minister for Trade Tim Nicholls said the agreement was a great achievement
ldquoWhat this means for Queensland is that the State has been endorsed by a major
overseas bank as a reliable business partner and investment destinationrdquo Mr
Nicholls said
ldquoThis agreement is testimony to the confidence that overseas investors are placing in the Statersquos economyrdquo
Mr Nicholls who signed the agreement on behalf of the Newman Government
said the document outlined investment collaboration opportunities in the infrastructure and resources sectors
ldquoA major part of this Trade Mission is to reinforce the Statersquos credentials as a
stable business environment and a safe-haven for investmentrdquo he said
ldquoThe Korea EximBank is an official export credit agency providing comprehensive
export credit and guarantee programs to support Korean enterprises in conducting overseas business
ldquoAs we work to repair the Statersquos finances and regain our AAA credit rating
agreements with major financial institutions such as Korea EximBank will
continue enhancing the Statersquos global economic credibilityrdquo
Mr Nicholls is currently looking for a new wave of opportunities for two-way trade
leading a group of industry representatives to Seoul Guangzhou Hong Kong Jakarta and Singapore from 20 July to 3 August
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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93
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Queensland and Korean investment organisations sign MoU
Treasurer and Minister for Trade Tim Nicholls today welcomed the signing of a
significant Memorandum of Understanding (MoU) between the Queensland Investment Corporation (QIC) and Korea Finance Corporation (KoFC)
KoFC is an entity wholly owned by the South Korean Government mandated to
provide finance and other support for sectors designated as having economic
significance for the country
Mr Nicholls met senior representatives from KoFC in Seoul today marking the
start of a fortnight-long Trade Mission throughout Asia
ldquoThis MoU is a show of faith and goodwill between the Queensland and Korean Governmentsrdquo Mr Nicholls said
ldquoQIC is the Queensland Governmentrsquos institutional funds manager and plans to
draw the experience and resources of KTB Private Equity a leading Korean investment firm to solidify the QIC-KoFC partnership
ldquoQIC is now Australiarsquos third largest institutional funds manager with more than
AUD $71 billion in funds under management
ldquoUnder the terms of the memorandum QIC will seek to partner with KoFC and
other Korean co-investors for investments into Australia thereby strengthening the business ties between the two countries
ldquoThis transaction leverages both QIC and KoFCrsquos unique positions as sophisticated
Government-owned investors and reinforces QICrsquos capabilities as a leading direct
investor in the Queensland and Australian economiesrdquo
Mr Nicholls said the KoFC memorandum would build on QICrsquos already strong relationships with Korean Government investment organisations
ldquoToday I also met with the CEO and President of Korea Investment Corporation
(KIC) Chong-Suk Choi encouraging KIC to invest in the Queensland and Australian economiesrdquo
[ENDS] 22 July 2013
Media Contact
Treasurerrsquos Office +61 7 3224 6900 QIC +61 401 143 761
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94
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Treasurer kicks off Trade Mission with racing industry meetings
Treasurer and Minister for Trade Tim Nicholls has visited Korearsquos peak horse
racing agencies and associations to investigate expansion opportunities for Queenslandrsquos racing and construction businesses
Mr Nicholls said Queenslandrsquos racing industry was world-renowned for its quality
of breeding and racing bloodstock as well as its quality horse training skills which
have been passed from generation to generation
ldquoThe Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse
sales on the Gold Coast and a frequent buyer of Queensland bloodstockrdquo Mr Nicholls said
ldquoQueensland has an excellent relationship with the KRA which has resulted in
many Korean trainers and jockeys coming to Queensland to gain first-hand
experience of our home-grown racing skills
ldquoThis September the Queensland Racing Equine Academy will host ten students
from the Korea Horsemen High School for a three month training exchange
ldquoThese students will study English basic track riding and learn from our expert Racing Queensland trainer
ldquoThe Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City
ldquoGiven Queenslandrsquos considerable expertise and international reputation in
stadium design and construction Queensland companies are in a prime position
to contribute to its developmentrdquo
Mr Nicholls also met the President and executives of the Seoul Racehorse Owners
Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events
ldquoThe Newman Government is highly committed to Queenslandrsquos racing industryrdquo he said
ldquoNurturing these important overseas relationships will continue to open doors for
our breeders and trainers not only in Korea but right across Asia
ldquoEvents like Magic Millions also stimulate tourism and retail sectors of our economyrdquo
Korea is the first stop on Mr Nichollsrsquo second Trade Mission since being elected
Between July 21 and August 3 he will also travel to China Hong Kong Indonesia
95
and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships
[ENDS] 22 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
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96
Treasurer and Minister for Trade
The Honourable Tim Nicholls
Business delegates prepare for Asian Trade Mission with Treasurer
Queensland Treasurer and Minister for Trade Tim Nicholls will lead a Trade
Mission to South Korea China Hong Kong Indonesia and Singapore from 20 July to 3 August
More than 30 Queensland business delegates who will accompany Mr Nicholls on
the Trade Mission today received a pre-departure briefing from Trade and
Investment Queensland (TIQ)
Mr Nicholls will visit the cities of Seoul Guangzhou Hong Kong Jakarta and
Singapore to promote Queensland as an attractive trade and investment
destination in the key areas of resources and energy agriculture tourism infrastructure and construction
ldquoMy visit to these important Asian neighbours is a timely onerdquo Mr Nicholls said
ldquoThe last time a Queensland trade minister visited South Korea and Singapore was April 2011 and April 2010 respectively
ldquoThese countries are key trading partners for Queensland collectively making up
29 per cent or $26 billion of the Statersquos total merchandise trade in 2012
ldquoThis visit will reinforce the importance we place on these existing relationships and will provide the opportunity to forge new ones
ldquoI will meet with various influential government and industry leaders across a
range of sectors to attract investment and strengthen diplomatic ties while
business delegates will benefit from networking events and specially organised
meetings with local buyers and philanthropists
ldquoWe will showcase Queenslandrsquos wide ranging capabilities including as a leading provider of education and training solutionsrdquo
In Seoul and Singapore Mr Nicholls will host seminars and lunches to
promote public-private partnerships and key infrastructure projects in Queensland
ldquoIn Guangzhou I will focus my efforts on responding to the growing Chinese
interest in investing in Queenslandrsquos tourism and infrastructure sectors and the State-sponsored migration programrdquo he said
ldquoIn Indonesia I will reaffirm Queenslandrsquos strong commitment to Indonesia by discussing our intention to open a new TIQ office in Jakartardquo
97
[ENDS] 17 July 2013
Media Contact Treasurerrsquos Office +61 7 3224 6900
Unsubscribe
98
ATTACHMENT 2 ndash INTERNATIONAL MEDIA
Media Report Treasurerrsquos visit to Korea Seoul July 2013
As of 6 August 2013
No Title of media article Press Date of report
Reporter
1 Visit by Queensland Treasurer and Minister for Trade to Korea httpwwwnewspimcomviewjspnewsId=20130717000315
Newspim 17072013 Ki-Rak Kim
2 KIC discussion with the State of Queensland Australia on collaboration httpwwwnaeilcomNewseconomyViewNewsaspnnum=722017ampsid=Eamptid=6
Neil Newspaper
23072013
3 Treasurer and Minister Trade Queensland Australia Energy and Infrastructure Collaboration opportunities httpwwwseoulcokrnewsnewsViewphpid=20130717500025
Seoul Newspaper
17072013
4 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386525
Yonhap New
22072013
5 KIC Discussion on collaboration with the State of Queensland Australia httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Yonhap New
22072013
6 KIC strengthening investment cooperation with the State of Queensland Australia httpnewseinfomaxcokrnewsarticleViewhtmlidxno=73504
Yonhap Infomax
22072013 Jin-Woo Oh
7 The status of Koreas national fund has been raisedhellipAustralia sought investment httpwwwjoseilbocomnewshtmls20130720130722189712htm
Chose Ilbo 22072013 Yong-Sup Han
8 Formation of a Cooperation Fund with Korea Finance Corporation httpwwwhankyungcomnewsappnewsviewphpaid=2013072456621
Korea Economic Daily
25072013 Dong-Whoi Park
9 KIC Discussion to strengthen its collaboration with the State of Queensland Australia httpwwwwowtvcokrnewscenternewsviewaspbcode=T30001000ampartid=A201307220326
Korea Economic TV
22072013 Sun-Mi Shin
10 Treasurer and Minister Trade Queensland Australia Huge effect of the synergy from the collaboration between Korea and Australia httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample
Excellence Korea
05082013 Editor Min-Joo Kang Cooperation TIQ Korea Office
99
11 Interview Release
Leaderpia 06082013 Editor amp publisher Seung Yong Yoo
5httpnewsnavercommainreadnhnmode=LSDampmid=secampsid1=101ampoid=001ampaid=0006386562
Korea Investment Corporation discusses collaboration with the State of Queensland Australia
Mr Chong-suk Choi President of KIC met the Hon Tim Nicholls Treasurer and Minister for Trade Queensland State Government and discussed collaboration measures including the development of mutual investment opportunities between KIC and QIC
100
10httpwwwexcellencekoreacomboardboardphpmode=readampkeyno=193900ampdb=bbs_sample -----------------------------------------------------------------------------------------------------------------
101
11 Interview Release Leaderpia 6 Aug 2013
~l c+ 7-1 2l-- tfo _~~~lt-~f ll ~Hf~flim
~ ~tJjltlltll~tt ~JtoJ~~middot
~ jGjmiddot~~- ~AtiC ~ $1-~7~~~ ~l-1 it~ -tA~ )ao ~gt Al-li-i- ~lJI-J -~I Lj
-j- ~1-e ~U- 1~1t- ~ ~~~~ 11 illlrlf~IHJ~
~~ t~01~middot~~-middot~-t- ~o~llll-lil~
~-il-t~~t~g-t-Tijllmiddot-ti~middot ~-1ft 11-tfl-j~~~~ ~Cl~t-=t~~Q
=iJot~1-ltJ~t~l~~~~~j1-f4]21uJ-l
tJH~llll i~t -~t olltY-IlUi9tl~~middot~ wrt if~UPI ifi~ t~llllim Pacnru iU itlltlili bullllgtlo ~~~~VItltgtlil~~qJ IH-tiltgtll~~lllq ~ ~~ltJoc-loJi 7J~HIltt-ltIlt~ISt lt~
~ollltl ~l ~ 6~2 ~~ oht~tl ~1a4t ilt SfeJ oJj -ltEuliN-~SlJf-1 rillf i-~~
gtflf~lliL1tl~iJ=EIjAiit~RU~~l 7ltl01cliiplusmn11~~11JPl-~ ~middotgtIll oJ-=-Ft1 ~ ~ltmEoll lftmiddot~~~~~~~ol plol~t
~ilbullllt~1tcr~Ulaquoet
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11~1 rampIAt-~Zitt~(~tJ-M~ MOJeshy1111lt~ ~ bull -middotmiddot ~~SJII t=ftl ili ~tAR ~J ~IS iJ4at ~7115Al _Q- -2l ol--8-o~~~P- lll~t il ~ltgt11 tigtlftil at = -1-J~ At1 t-Q~gtGfHJ Efgtl oi~ rj ltffl~iltJlmiddotl tt ~~1j~oJ1fl4tlif~cd)~I45Jl -sect
01~ fl middot1-~-1 ~ ~ lfr gti-l-~li-C~llJlH-f~ff 1~ltHJoJ~I I
~~~ 1ltgt174 IW H ~1f ~f ll-yen1 it WK7~i-C1~pound~wmiddotmiddotmiddotJ~OJ191
lt11 lltllfl~ ~ bull
102
Media Report Treasurerrsquos visit to Guangzhou China July 2013
No Title of media article Press Date of report
Reporter
1 Guangdong Vice Governor Met with Queensland Treasurer httpwwwgdfaogdgovcnItem18533aspx
Source Guangdong Foreign Affairs Office
30 July 2013
2 Guangdong resigned Friendship Agreement with Queensland httpnewsxinhuanetcomair2013-0726c_125069577htm
Source Xinhua News
26 July 2013
3 Queensland opens door to more skilled migrants httpwwwlong-termpropertycomnews act-newdetail__newid-9947html
Source LongTerm Property
26 July 2013
4 Australias Queensland welcomes Chinese business migrants httpwwwglobaltimescncontent799031shtml
Source Global Times
25 July 2013
103
Media Report Treasurerrsquos visit to Hong Kong July 2013
No Title of media article Press Date of report
Reporter
1
Australia to push China on Trade Pact httpwwwscmpcombusinesschina-businessarticle1293231australia-push-china-trade-pact
South China Morning Post
31 July 2013 Anita Lam
2
Queensland focussed on getting AAA rating backrsquo httpbloombg1c4XX5booid=YyeGxwZDqIqSlQ2ldkKQ0BkfZ38UsxrS
Bloomberg 29 July 2013 Susan Li
104
South China Morning Post (SCMP) news clip on the Treasurer ldquoG20 SUMMIT - Australia to push China on trade pactrdquo by Anita Lam SCMP journalist
South China Morning Post
G20 SUMMIT
Australia to push China on trade pact Anita Lam anltala~stmpcom
The Group of 20 summit to be held in Brisbane In November next year will be the perfect platshyform for Australia to revive freeshytrade talks with China that have dragged on since 2005 said an Australian trade official who cautioned that a deal might not come any time soon_
Tim Nicholls treasurer and trade minister of Queensland and currently on a two-week trade promotion trip in Asia said the two countries were unlikely to resolve the major points of difference quickly
NiehaUs has invited local deshyvelopers including Kerry Propershyties and Cheung Kong lnfrastruc-
ture to bid for public and private projects during a stopover in Hong Kong as part of his tour
[Mainland state-owned enterprises) want to come and we want to sell agricultural products and other things with as few trade barriers as we can Nicholls said We dont want to
bullbull We want to sell products with as few trade barriers as we can QUEENSLANDS TIM NICHOLLS
be in a business that provides subsidies
Cattle raiser in Australia have never been more eager for a freeshytrade pact vith China as drought in the north and protracted talks with Indonesia about lllling a cap on Australian beef mean they need to find new markets for growth
While Australian beef now enjoys low tarilfs in China comshypared with elsewhere in the region the country still Jags New Zealand which has a dutyshyfree pact with China Australia shipped a record 62000 tonnes of beefto China in May more than 20 times the figure a year ago
While Australias Minister for Trade Richard Maries said in Beishyjing last week that his governshyment was willing to cede ground
Tim Nicholls
on certain issues in exchange for access to the greatest market in the world any meaningful talk could only bPn after the general election In September
China wants the threshold at which non-state investments atshytract scrutiny by the Foreign Inshyvestment Review Board to be raised from A$248 million (HK$18 billion) to A$1 billion It has also been demanding an end
Wednesday July 31 2013
to the automatic referral of all investments by state-owned entities to the review board
Nicholls said the Australian government had worked to fashycilitate investment and immigrashytion from China The significant investment visa scheme inmiddot traduced in Novemberpmcticalshyly removed language requireshyment for applicants which was deemed the biggest barrier for Chinese immigrants The numshyber of approvals by the Queensshyland government has since jumped 40 per cent year on year_
Apart from a number of hotel and redevelopment schemes the Queensland government will also soon tender two infrastrucshyture projects - one for rail and one for road and tunnel - worth more than A$55 billion
105
Media Report Treasurerrsquos visit to Indonesia
No Title of media article Press Date of report
Reporter
1
Indonesia approves Qld Governments Jakarta trade office wwwabcnetau
ABC 31 July 2013 Melinda Howells
2
Bringing the beef to Jakarta httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Logistics Career
1 August 2013
3
Boost for cattle industry with Jakarta office a boost for trade relations
httpwwwnorthweststarcomau
North West Star
1 August 2013
106
Indonesia approves Qld Governments Jakarta trade office By Melinda Howells Updated Wed Jul 31 2013 1232pm AEST
ABCnetau
Summary approval for Queensland Government to open representative office in Jakarta Office opening aims to promote Queensland beef industry and other sectors such as tourism and education Commissioner is yet to be appointed ------------------------- The Indonesian Government has approved the Queensland Governments plans to reopen a trade office in Jakarta
The Government says the new office in Jakarta will promote Queensland beef
Indonesia recently agreed to increase Australias live cattle import quota by 25000
Queensland Treasurer Tim Nicholls says the office will happen by the end of the year but a Commissioner has not been appointed yet
Speaking from Jakarta Mr Nicholls says the office will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Were seeking it across the board not in any one particular area he said
Were seeking both opportunities for Queensland businesses in Indonesia - a rapidly growing market but also opportunities for capital to come in to help us expand in various sectors of our economy as well
Mr Nicholls says the new Queensland office will not double up with existing federal diplomats and agencies
When John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters he said
Theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakarta
107
Bringing the beef to Jakarta 01 August 2013
httpwwwlogisticscareercomaunewsqld-bringing-the-beef-to-jakarta
Share on facebookShare on linkedinShare on twitterShare on google_plusone_share
Summary article reports that Jakarta representative office is focused on promoting Queensland beef to Indonesia Also comments on other opportunities in tourism and education -----------------------------
The Queensland Government will set up a new trade office to spruik the statersquos high-quality beef in Jakarta
The Indonesian Government has approved the plan to re-open the currently abandoned office after the country agreed to increase Australias live cattle import quota by 25000
A commissioner has not yet been appointed but the plan is rolling ahead with projections that the office will open around the end of this year Queensland Treasurer Tim Nicholls says it will promote Queensland beef in the ongoing negotiations about live cattle exports as well as trade and investment opportunities in tourism and education
Beef exports were hastily banned in 2011 following television reports of animal welfare abuses at abattoirs in Indonesia the industry has been slow to recover in the two years since the ban
Queensland Treasurer Tim Nicholls said ldquoWhen John McVeigh the [Queensland] Minister for Agriculture came to Indonesia two months ago and had some direct conversations we were able to achieve some significant advantages for beef producers including a bring forward of the quota to help our beef exporters were seeking it across the board not in any one particular area theres obviously value in having someone who knows the Queensland side of the story here promoting Queensland in Jakartardquo
108
Boost for cattle industry with Jakarta office a boost for trade relations August 1 2013
httpwwwnorthweststarcomau
Summary announcement of representative office in Jakarta Purpose of office explained as for economic opportunities and further more to support the Queensland beef industry as done by Agriculture Minister John McVeigh on his recent trip to Jakarta
--------------------
QUEENSLANDS newest Trade and Investment Office in Jakarta was officially approved by the state government on Tuesday further opening up trade between Indonesia and the Sunshine State
Trade Minister Tim Nicholls made the announcement from Jakarta where he met with key Indonesian government and business representatives describing the country as a vital trading partner for the state
Along with efforts to capitalise on Indonesias rapid growing economy Mr Nicholls said the establishment of the Trade and Investment Queensland (TIQ) office works hand in hand with Agriculture Minister John McVeighs work to re-establish live exports for struggling Queensland graziers
Beef crisis steering committee chairman Barry Hughes said all these exercises would put Queensland in a much better place albiet slowly
These are the steps that have to be taken to instil the confidence and the trust that is so much required and so relevant for this whole live export industry to get back on its feet he said
The work being done by John McVeigh and likes of the beef crisis committee and work weve done with the Indonesian Ambassador is part and parcel of rebuilding the bridges
109
ATTACHMENT 3 ndash AUSTRALIAN MEDIA Refer to attached Summary
WED 28 AUGUST 2013
Mediaportal Report
Council splashes cash on secondChina trip11 Jul 2013Albert amp Logan News Brisbane General News Heidi Braithwaite
Page 5 - 151 words - ASR AUD 415Photo No - Type News Item - Size 8154 cmsup2 - QLD - Australia - ID 202636052
LOGAN CITY Council will spend another $20000 on a second trade and investment mission to China only two months after delegatesreturned from the last trip Mayor Pam Parker and Deputy Mayor Russell Luttonrsquos $20000 14-day trip to China in April was aimed atattracting investment potential worth hundreds of millions of dollars to Logan
View print article
69963 CIRCULATION
Cr Smith and deputy CEO jet off for a trade mission with Statersquos treasurer17 Jul 2013Jimboomba Times Jimboomba QLD General News
Page 10 - 416 words - ASR AUD 346Photo Yes - Type News Item - Size 21610 cmsup2 - QLD - Australia - ID 204244660
LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasurer Tim Nicholls CrSmith along with councilrsquos deputy CEO of organisational services John Oberhardt will travel to South Korea China Indonesia andSingapore
View print article
20610 CIRCULATION
Tim Nicholls to make Asian trade mission19 Jul 2013 751 AMBrisbane Times wwwbrisbanetimescomau
286 words - ASR AUD 54 - ID 204209344
Treasurer Tim Nicholls will miss the LNP state conference this weekend as he swaps estimates for kimchi as part of an Asian trademission
Mr Nicholls who also doubles as the minister for trade will lead more than 30 business delegates on a mission
Read on source website
17090 UNIQUE DAILY VISITORS168 AV STORY AUDIENCE
On high road to China23 Jul 2013Cairns Post Cairns QLD General News Daniel Strudwick
Page 6 - 293 words - ASR AUD 911Photo Yes - Type News Item - Size 20498 cmsup2 - QLD - Australia - ID 204708756
BIG ticket infrastructure projects for Cairns will be pitched to potential investors in Asia this week as civic officials join an exclusivetrade mission for high-level talks in Hong Kong and China Cairns Regional Council is one of only two local governments inQueensland invited on the small delegation which is being led by Treasurer and Trade Minister Tim Nicholls
View print article
19509 CIRCULATION
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and may not beprovided to any third party by any means for any purpose without the express permission of iSentia andor the relevantcopyright owner For more information contact copyrightiSentiacom
DISCLAIMER iSentia uses multiple audience data sources for press internet TV and radio including AGB Nielsen MediaResearch Audit Bureau of Circulations comScore CSM Media Research OzTAM Nielsen Research International andTNS For general information purposes only Any ASRs and audience figures are an estimate only and may be subjecterror or omission iSentia makes no representations and to the extent permitted by law excludes all warranties in relationto the information contained in the report and is not liable for any losses costs or expenses resulting from any use ormisuse of the report
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 2 of 11
QLDQld govt wants more skilled migrants25 Jul 2013AAP Newswire Australia National AAP
208 words - ASR NAPhoto No - Type AAP Newswire - National - Australia - ID 205215954
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par 4 to change `issued to`nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrant nominations sinceApril
View print article
NA CIRCULATION
State aims to boost Korean racing links25 Jul 2013Queensland Country Life Brisbane General News
Page 89 - 1246 words - ASR AUD 4518Photo No - Type News Item - Size 58109 cmsup2 - QLD - Australia - ID 205101118
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations toinvestigate expansion opportunities for Queenslands racing and construction businesses
View print article
30216 CIRCULATION
QUEENSLAND26 Jul 2013The Australian Australia Regional Changes Qld
Page 2 - 87 words - ASR AUD 1012Photo No - Type News Item - Size 5009 cmsup2 - National - Australia - ID 205315207
QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nichollsis in southern China pushing for more business and skilled migrants to come
View print article
119490 CIRCULATION
Regular Segment State Politics with Cathy Border 30 Jul 2013 748 AM4BC Brisbane Breakfast Kim Mothershaw and Mary Collier
Duration 3 mins 7 secs - ASR AUD 3491 - QLD - Australia - ID W00054035777
Regular Segment State Politics with Cathy BorderBorder says they are expecting the outcome of the Chesterman inquiry into the Qld Health payroll soon She says it was last monththat the Health Minister told Parliament the outcome of the KPMG review which was that it would cost $125bn and would take sevenyears to fix the health payroll Collier says she has a friend who works for IBM in Asia and would like to come home to Australia buttheres no chance of getting a chance a job in Qld Border says four percent of the workforce is still being overpaid each fortnightMothershaw says meanwhile Campbell Newman is in New Zealand on a trade mission Border says the six-day trip is sponsored bythe New Zealand Govt She says Jeff Seeney is now the Acting Premier as well as the Acting Treasurer with Tim Nicholls also on atrade mission overseas Collier says John Key New Zealand Prime Minister is on the list of her favourite politicians along withMalcolm Turnbull
32000 ALL14000 MALE 16+18000 FEMALE 16+
Interviewees
Cathy Border Channel Ten
COPYRIGHT For the internal research use of Mediaportal subscribers only Not to be provided to any third party for any purpose without the expresspermission of iSentia For further information contact copyrightiSentiacom
Page 3 of 11
News headlines31 Jul 2013 231 PM612 ABC Brisbane Brisbane Afternoons Heather Stott
Duration 1 min 3 secs - ASR AUD 750 - QLD - Australia - ID W00054056743
News headlines- A new study has found that the Federal Government could save $215 million a year without affecting patient services if it cut theprivate health insurance rebate by 10 The University of Melbourne research found that the 30 rebate is unsustainable in itscurrent form and will put significant pressure on government spending in the coming decades- The state government is set to announce new flights between Queensland and Indonesia State Treasurer Tim Nicholls is in Jakartaon a trade mission and says more flights will be a boost to the states tourism industry- A Fair Work Australia hearing between Cricket Australia and former Coach Mickey Arthur is resuming in Sydney today The twoparties failed to reach a settlement last wednesday despite almost six hours of talks
25700 ALL15400 MALE 16+10300 FEMALE 16+
Also broadcast from the following 2 stations
ABC Gold and Tweed Coasts (Gold Coast) ABC Sunshine and Cooloola Coasts (Sunshine Coast)
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls 31 Jul 2013 425 PM612 ABC Brisbane Brisbane Drive Tim Cox
Duration 1 min 53 secs - ASR AUD 693 - QLD - Australia - ID W00054058142
Melinda Howell ABC Correspondent reports on state politics Howell says Tim Nicholls QLD Treasurer has been on a trade missionto Asia and that he has announced that the Indonesian Government has given approval for the opening of a Queensland Trade Officein Jakarta There was an Office there previously and it is reopening after a review of Trade and Investment Queensland Howell addsthat QLD Premier Campbell Newman is on another trade mission in New Zealand where he has signed an agreement on sharingideas and resources on matters regarding health Campbell is going to Christchurch tomorrow to talk about disaster recovery
15000 ALL6000 MALE 16+9000 FEMALE 16+
Acacia Court upgrade and new build all part of plans17 Aug 2013Weekend Post Cairns General News
Page 8 - 280 words - ASR AUD 572Photo No - Type News Item - Size 10779 cmsup2 - QLD - Australia - ID 208767871
AN upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartments on vacant land next door are on the cards by its newowner Benny Wu and his business partners His spokesman Owen Huang told The Weekend Post that a sale contract had beensigned for the property and nearby vacant land
View print article
37272 CIRCULATION
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
government and industry
leadersBeef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
Council splashescashonsecondChina tripHeidi Braithwaite
LOGAN CITY Council will
spend another $20000 on a
second trade and invest-
ment mission to China only
two months after delegates
returned from the last trip
Mayor Pam Parker and
Deputy Mayor Russell Lut-
tonrsquos $20000 14-day trip to
China in April was aimed at
attracting investment po-
tential worth hundreds of
millions of dollars to Logan
The latest trip lead by
State Treasurer Tim Nich-
olls would be taken by
Governance and Finance
Committee Chairman Coun-
cillor Luke Smith andwould
include meetings in Seoul
Guangzhou Hong Kong
Jakarta and Singapore with
government and industry
leaders
Beef education mi-
gration and property sectors
would be targeted
Councillor Don Petersen
saidwhile the cost of the trip
was significant Logan need-
ed to put more strings in its
bow and make the most of
opportunities overseas
NEXTMISSION
Governance Finance andEconomic DevelopmentCommittee ChairmanCouncillor Luke Smith saysforeign investment wasimperative to fund billions ininfrastructure
back
Copyright Agency Ltd (CAL)licensed copy
Albert amp Logan News Brisbane11 Jul 2013 by Heidi Braithwaite
General News page 5 - 8154 cmsup2Suburban - circulation 69963 (---T---)
ID 202636052 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
=DE~cc==a~middot-= Nine Is numbetone bull Queensland
Government
back
Copyright Agency Ltd (CAL)licensed copy
Jimboomba Times Jimboomba QLD17 Jul 2013
General News page 10 - 21610 cmsup2Regional - circulation 20610 (--W----)
ID 204244660 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
Cr Smith and deputy CEO jet off for a trade mission with States treasurer LOGAN Councillor Luke Smith will jet off this Saturday as part of an asian trade mission being led by Qld Treasshyurer Tim Nicholls
Cr Smith along with countils deputy CEO of organisational services John Obershyhardt will travel to South Korea China Indonesia and Singapore
At time of print council was considering substituting a part of the trade mission for time in Malaysia to follow up a few emergshying leads
The focus of the trade mission is to idenshytify trade and investment opportunities and draw overseas investors to Queensland and if Cr Smith has his way - Logan
Cr Smith said it was a boon for Logan to have two representatives invited to attend the invitation only trip with Mr Nicholls
The Queensland Treasurer can open far bigger doors than we could on our own and hopefully we can walk through some of those doors he said
The trip will cost council $20000 and is in keeping with Logans Global Connecshytions Strategy which was funded in the recent council budget
It is the second time in recent months that council has sent representatives overshyseas on a trade mission
However Cr Smith said it was crucial for Logan City to continue building its reputashytion beyond the city s boundaries and intershynationally
He said Logan had been well behind the eight-ball when it came to attracting overshyseas investment but now was the time to get in the game
He said on the back of revenue streams from State and Federal Governments dryshying up in recent years Logan had to find alternative ways to he lp fund the citys infrastructure needs
Cr Luke Smith He said privatepublic partnerships with
cashed up overseas investors had the potenshytial to alleviate the infrastructure burden faced by Logan ratepayers
There will be some people who say that we should not be spending this money but to that I say show me the alternative Preshyvious politicians were nervous to spend money on trade missions fearing voter backlash but it s time to bite the bullet and say let s give it a shot he said
We are certainly in the asian century and Chinese investors are desperate to spend their money why can t we put our hand up and be in the race
Cr Smith said he hoped the community would get behind council and support it in its bids to bring investment into the city
It (the cost - $20000) seems like a lot but in a $755m budget it is a very small cost which has the potential to be of huge beneshyfit to the c ity he said
Queensland Government
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
On high road to ChinaDANIEL
STRUDWICK
danielstrudwicknewscomau
BIG ticket infrastructure projects for
Cairns will be pitched to potential
investors in Asia this week as civic
officials join an exclusive trade mis-
sion for high-level talks in Hong
Kong and China
Cairns Regional Council is one of
only two local governments in
Queensland invited on the small
delegation which is being led by
Treasurer and Trade Minister Tim
Nicholls
The councilrsquos general manager of
planning and environment Kelly
Reaston said the region would be
showcased to influential representa-
tive from Asian governments and the
private sector
lsquolsquoIt will be exceptionally high level
and thatrsquos the benefit of joining a del-
egation led by the Treasurer ndash it
attracts a high level of interest from
high-ranking representativesrsquorsquo Ms
Reaston said
The council couldnrsquot say which
projects it would be touting to poten-
tial investors until the meetings had
occurred but Ms Reaston said she
and Deputy Mayor Terry James
would take over private development
proposals as well as council projects
The week of meetings in Guang-
zhou and Hong Kong follows a simi-
lar roadshow in April when Cr
James and 40 other Queensland del-
egates spruiked the state to internat-
ional investors
The Far North has already hosted
follow-up visits from promising
investors that the council connected
with during the tour in April This
weekrsquos talks involve far fewer del-
egates allowing Cairns to cement its
blossoming relationship with the
Asian investment community and
make new in-roads
lsquolsquoItrsquos a very unique opportunity for
us to reinforce the importance of
existing relationships but also an
opportunity to forge new ones with
influential governments and com-
paniesrsquorsquo Ms Reaston said
lsquolsquoItrsquos an opportunity to showcase to
a whole new market and invite them
to visit the region and invest in the
regionrsquorsquo
Opportunity State Treasurer TimNicholls will lead a trade mission includingCairns Regional Council to Cairns
Feeding
back
Copyright Agency Ltd (CAL)licensed copy
Cairns Post Cairns QLD23 Jul 2013 by Daniel Strudwick
General News page 6 - 20498 cmsup2Regional - circulation 19509 (MTWTF--)
ID 204708756 PAGE 1 of 1
i S ENTIA
bull INFLUENCE o INFORM o INSIGHT
Queensland Government __ _ ____ ---
middot- t-- Q
QLDQld govt wants more skilled migrants
EDS Reissuing to amend details in par 3 explaining Tim Nicholls has spent a fortnight in Asia and par4 to change `issued to `nominated BRISBANE July 25 AAP - Queensland has seen a 40 per cent rise in the number of skilled-migrantnominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants tocome Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking hisstates new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia These changes are already making an impact with an increase of 408 per cent in the number ofskilled-migrant nominations since April Mr Nicholls said in a statement on Thursday Just last week a Chinese company received approval under the SIV program to invest in a $180 millionhousing estate Last financial year we saw an estimated $46 billion in foreign direct investment from China asignificant increase on previous years The treasurer also planned on Thursday to re-sign an existing friendship state agreement with officialsfrom Guangdong Province Guangdongs economy is worth about $914 billion about four times the size of Queensland AAP mjspebkmsajkm
Content Supplied by Australian Associated Presscopy AAP All Rights Reserved See disclaimer at httpaapcomaudisclaimerasp
back
copyAAP All Rights Reserved
AAP Newswire Australia25 Jul 2013 by AAP
NationalNational - 208 words
ID 205215954 PAGE 1 of 1
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
ap
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 1 of 2
i S ENTIA INFLUENCE middot INFORM middot INSIGHT
bull Queensland Government
State aims to boost Korean racing links
DGWN THE SUAIGHT
PHIIlliP BAlE
QUEENSLAND Treasurer and Minister for Trade Tim Nicholls has visited Koreas peak horse racing agencies and associations to investigate expansion opportunities for Queenslands racing and construction businesses Korea is the first stop on Mr Nicholls second trade mission since being elected Between July 21 and August 3 he will also travel to China Hong Kong Indonesia and Singapore with a group of Queensland industry representatives to strengthen diplomatic ties encourage investment and forge new trade partnerships Mr Nicholls said Queenslands racing industry was world-renowned for its quality of breeding and racing bloodstock as well as its quality horse training skills which had been passed from generation to generation The Korea Racing Authority (KRA) is a regular at the annual Magic Millions horse sales on the Gold Coast and a frequent buyer of Queensland bloodstock he said Queensland has an excellent relationship with the KRA which has resulted in many Korean trainers and jockeys coming to Queensland to gain first-hand experience of our home-grown racing skills This September the Queensland Racing Equine Academy will host 10 students from the Korea Horsemen High School for a threeshymonth training exchange These students will study English basic track riding and learn from our expert Racing Queensland trainer The Korea Racing Authority is also in the process of upgrading its facilities in Yeongcheon City Given Queenslands considerable expertise and international reputation in stadium design and construction Queensland companies are in a prime position to contribute to its developshyment he said The Treasurer also met the president and
executives of the Seoul Racehorse Owners Association to encourage their continued purchase of Queensland horses at the world-class Magic Millions sales events The Newman government is highly committed to Queenslands racing industry Nurturing these important overseas relationships will continue to open doors for our breeders and trainers not only in Korea but right across Asia Events like Magic Millions also stimulate tourism and retail sectors of our economy he said
Queensland quintet QUEENSLAND- bred horses dominated the Eagle Farm program on Saturday July 20 winning five of the nine races It began with a Queensland-bred trifecta in the 1600m OTIS 2YO Handicap which was won by 2YO gelding Rudy (by Red Dazzler) trained by Helen Page with Outback Prince progeny Outstrip and Outback Lightning running second and third respectively The 1400m No Metro Wins Handicap was won by SYO gelding Domini trained by Pat Duff to further increase Show a Hearts lead in this years race for Champion Stallion while Ferocitys 4YO stallion Tomcat won a 1000m No Metro Wins Handicap for Toowoomba trainer Mark Webb Lady Echelon by Top Echelon won the 1600m 3YO OTIS Handicap for Sunshine Coast trainer Natalie McCall and Clang rounded out Queenslands brilliant day when 3YO gelding Silver River won the second 3YO OTIS Handicap for Beaudesert trainer Charlie Weston
Rudys fickle finger of fete IT was the fickle finger of fete that prevented me from attending Eagle Farm on Saturday July 20 to watch 2YO gelding Rudy win the OTIS 2yo Hidden Dragon Handicap (1600m)
Most mornings I enjoy an early morning walk (with our basset hound Humphrey) and a cup of coffee at Honour Expresso at Graceville with a group of men dubbed the Dis-Graceville Greys The coffee shop is also well patronised by cyclists including local bike shop owner David Clarke David is also a keen racing enthusiast and co-owner of Rudy a 2yo gelding by Eureka Studs Group 1 winner Red Dazzler from winning Success Express (US) mare Go On Now Go With Rudy an easy winner at his previous start at the Gold Coast for trainer Helen Page David was happy to let me know that he was entered for Eagle Farm - with the added note of caution that he was stepping up from 1200m to 1600m Alas I had a prior commitment working at our local St Davids Church fete but Im sure David will be keen to relive the moment over a future cup of coffee David and his brothers Tom and Don also raced Rudys older half-sister Dorchester by Hotel Grand which had 17 starts for three wins and seven placings before she unfortunately had to be put down after a training accident David was also involved the ownership of Go On Go Now a mare raced in partnership with Chinchilla racing stalwarts Don Hart Ken Walksi and David Gleeson after Don Hart bought her at a Magic Millions tried horse sale at the Gold Coast With seven wins and five placings to her credit at the end of her racing career David thought she would make a good brood mare and convinced his brothers to go in partnershyship with him and buy the mare So far she has had four progeny to race for two winners Rudy and Dorchester while 3yo daughter Never Give An Inch (Refuse to Bend) has had three unplaced starts for Bendigoshybased trainer Shaun Dwyer
back
Copyright Agency Ltd (CAL)licensed copy
Queensland Country Life Brisbane25 Jul 2013
General News page 89 - 58109 cmsup2Rural - circulation 30216 (---T---)
ID 205101118 PAGE 2 of 2
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Raheeb for Wattle Brae WATTLE Brae Stud proprietor Gary Turkington has pulled-off one of the coups of the 2013 Queensland breeding season by adding Raheeb to his establishments stallion roster A $90000 yearling consigned by Vinery Stud at the 2005 Magic Millions Gold Coast Sale Raheeb was raced by Patinack Farm before being retired to its Hunter Valley headquarters in 2010 Last season Patinack Farm stood the chestnut entire at its Queensland base and the reception breeders in the state gave Raheeb persuaded the operations management team to look for a long-term option with Patinack Farm stud manager Ben Lawrence explaining There was a lot of interest from farms wishing to stand this stallion but Wattle Brae Stud stood out among the contenders Gary and his team have an excellent reputation in the industry and a proven track record of standing stallions Queensland breeders have really taken to Raheeb and we look forward to a successful association with Wattle Brae Favourite for the Group 1 Toorak Handicap in 2009 where he finished a close fourth Raheeb is by noted sire generator Royal Academy from the Marauding (NZ) mare Gatana A dual Listed winner at Flemington Gatana has produced two stakes winners in Raheeb and his full sister Piccadilly Circus- now acclaimed internationally as the dam of reigning Australian champion sire Fastnet Rock Winner of four races including the Group 3 Cameron Handicap winner at Newcastle Raheeb has covered 248 mares since entering stud duties and will stand his first season at Wattle Brae for $7700 Labelling Raheeb as exceptional value Wattle Brae stud master Gary Turkington said many aspects of his stallion profile that established him as exceptional value His race record stands-up against any other stallion in the same bracket Hes by a sire now established as a sire-of-sires He is very closely-related to the most commercial stallion standing in this part of the world and he is widely regarded as one of the best specimens of a Thoroughbred you are ever likely to clap eyes on Raheeb provides another dimension to our stallion roster that already has plenty to offer brood mare owners he said
Ballard family dominates THE Ballard family of Mt I sa celebrated another big day out at the Julia Creek Cup meeting on Saturday July 20 Racing Queensland web news reports trainer Denise Ballard claimed another country Cup with rising 8YO Stellar Show ridden by
son Dan Ballard which beatTatyoon (G6 Testa RossaMuzak (NZ) by one length in the 1350m outback feature with Lagason (G6 La go DelightPreps) a further two lengths away in third place By Sequalo from the winning Canny Lad mare Born A Star Stellar Show was originally sold at the 2007 Magic Millions yearling sale at the Gold Coast for S165 000 to Kevin and Tanith OBriens Lauriston stable Based at Ron Maunds Toowoomba stables Stellar Show recorded two wins at Toowoomba before being on-sold through a Magic Millions tried horse sale in August 2009 for S13000 to the Ballard stable He has now raced 61 times for 12 wins and 23 placings to earn more than $131 000 Apart from the motherson combination winshyning the Julia Creek Cup Denises husband Keith Ballard also was successful winning the Class Three Handicap aboard Month Of Sundays Keith Ballard who celebrates his 60th birthday next week is one of Queenslands legendary country jockeys Keith keeps a record of all his wins and hes now ridden 1592 winners Everything that happens he keeps a record of Denise Ballard said Licensed in some capacity in racing since she was 15 Denise Ballard 55 has trained seriously in her own right for only the past three years I started off as a strapper when I was 15 and then became a jockey before weight problems got to me she said Ive won quite a few country Cups in the north-west region as an owner-trainer but Im yet to win the Mt I sa Cup in my hometown I have run second in it twice and until now I cant recall ever winning the Julia Creek Cup Dan Ballard 28 began his riding career as an apprentice with former leading Gold Coast trainer Alan Bailey Dan won two apprentice titles when he was with Alan Bailey before he moved back to the country and rode at Rockhampton for a while Denise said While the Ballard family was in high spirits following their successful Julia Creek Cup day Stellar Shows victory failed to eclipse one of her best memories in racing I won the Boulia Cup a few years ago and trained every winner on the five race card she said
Sea Sirens US target THREE-TIME Australian Group 1-winning mare Sea Siren could head to the US for a start at the rich Breeders Cup meeting later this year
bull Sea Siren delivered her first win for new owners Cool more when successful in the Listed Belgrave Stakes at Fairyhouse in Ireland on July 14 This was her second European start following an eighth place behind Lethal Force in the Group 1 Diamond Jubilee Stakes during the Royal Ascot carnival last monthshyher final run for Sydney trainer John OShea By Fastnet Rock from the Success Express (USA) mare Express A Smile Success Express was a three-times Group 1 winner in Australia during 2012 including the BTC Cup and Doomben Ten Thousand as 3YO filly during the Brisbane winter racing carnival Bred and raced by Western Australian-based Keith Biggs Sea Siren was foaled and raised at Cool more Stud so it was a natural progression that Cool more paid a reported S2 million for the mare in a private sale in May negotiated by bloodstock agent James Bester Cool more general manager Michael Kirwan said the US Breeders Cup meeting at Santa Anita in November was now the primary target for the mare and nominated the Group I Prix Maurice De Gheest (1300m) in three weeks at Deauville in France as her most I ikely next start Cool more trainer Aid en OBrien has a brilliant record with ex-Australian-based gallopers such So You Think Haradasun and Starspangledbanner all gaining Group 1 glory in Europe
Caulfield Guineas quest MELBOURNE colt Longma is on the threshold of a breakout season after an eight lengths victory at Werribee Victoria on Wednesday July 17 Longma (C2 SebringYes She Can Cancan) is heading to the Group 1 Caulfield Guineas in October and thats good news for Raheen Stud stud master Basil Nolan who owns his older half-sister La Goulue (Danehill Dancer) A black-type winner in Adelaide her Sebring colt made $180000 as part of the Raheen draft at this years Gold Coast Magic Millions Peter Moody was the buyer Longma is by Widden Studs instant success Sebring and his dam Yes She Can Cancan has already foaled Group 1 winners in South Africa and Australia- Gimmethegreenlight (SAf Queens Plate) and Ofcourseican (Coolmore Classic) respectively Perth owner Craig Thompson bought the colt after he failed to reach a $150000 reserve at the 2011 Inglis Easter Foal Sale Nolan also owns Yes She Can Cancans half-sister Stepping (Dodge)
Queensland Government
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The Australian Australia26 Jul 2013
Regional Changes Qld page 2 - 5009 cmsup2National - circulation 119490 (MTWTF)
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State in push for skilled migmnt~o~ QUEENSLAND has recorded a 40 per cent rise in the number of skilled-migrant nominations since April And Treasurer Tim Nicholls is in southern China pushing for more business and skilled migrants to come Mr Nicholls has been in Guangdong as part of a fortnight-long trade mission through Asia spruiking his states new criteria for skilled and business migrants which he says reduces hurdles for aspirant migrants He says Queensland has also nominated the second ever significant investment visa (SIV) in Australia
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Weekend Post Cairns17 Aug 2013
General News page 8 - 10779 cmsup2Regional - circulation 37272 (-----S-)
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Acacia Court upgrade and new build all part of plans i upgrade of the Acacia Court Hotel in Cairns as well as a hotel or apartmiddot ments on vacant land next door arc on the cards by its new owner Henny Wu and his business partners
His spokesman Owen Huang told The Weekend Post that a sale contract had been signed for the property and nearby vacant land
He would not disclose the price but the original asking figure was $20 million
The Hong Kong-based mullimiddot millionaire also owns Double Island resort and is planning other acquishysitions in the Far North
lVIr Huang said the 150-room hotel would continue to operate as usual
lls full its 100 per cent occupancy Its peak tourism season lVIr Huang said
He said the lobby would be refurshybished soon
He said architects would be appointed to look at an overall upgrade at a later stage
Its 35 siclr but we want to upgrade to 4-45 star but at the moment it is too busy lVIr Huang said
He said it was the intention to build another hotel or apartments on the vacant land
Tourism Minister Jann Stuckey said lVIr Wus investment was another sign of international confidence in the states tourism industry
Queensland is increasingly on Chinas radar as a major visitor destishynation and Dr Wus investment in the slate will provide more of the needed visitor facilities she said
This is fantastic news for Queensshyland and a major boost to our tourism industry
Treasurer and Minister for Trade Tim Nicholls said Dr Wu was optimisshytic about the potential in Queensland
I had the opportunity to discuss the many opportunities for investment in Queenslands tourism sector with Dr Wu while in Hong Kong on a trade mission last month he said
bull Queensland Government
- Report to Parliament - Official Trade Mission to Korea China Hong Kong Indonesia and Singapore 20 July - 3 August 2013
- Australian Media
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