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townsville regional investment prospectus - Townsville Enterprise

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2<br />

Snapshot<br />

Second Capital of Queensland…<br />

<strong>Townsville</strong>, known as the Second Capital of Queensland, is a thriving precinct positioned strategically in<br />

North Queensland. The area of North Queensland encompasses five major <strong>regional</strong> centres:<br />

<strong>Townsville</strong> Charters Towers Burdekin Palm Island Hinchinbrook<br />

<strong>Townsville</strong> is well positioned among these five dynamic regions and is recognised as the central hub<br />

for business and <strong>investment</strong>. With easy access to domestic and international markets, this unique<br />

location provides you with diverse opportunities. Each region is strengthened by industry growth and<br />

prosperity.<br />

Land availability for business, living and leisure, abundant water, transport links to Asia-Pacific and Papua<br />

New Guinea, superfast communication technology such as the National Broadband Network (NBN) and<br />

a superb tropical lifestyle mean that the Region offers <strong>investment</strong> potential like no other.<br />

The lifestyle in North Queensland is second to none – ocean views, rainforest, leisure activities, extensive<br />

health care, quality housing, retail and dining options, all showcase why the <strong>Townsville</strong> Region is known<br />

as a thriving and dynamic zone.<br />

Images: Cameron Laird, Dirk Mohrmann, Fiona Wright, James Cook University, Phil Copp, <strong>Townsville</strong> Airport, <strong>Townsville</strong> <strong>Enterprise</strong><br />

Why do Business in the <strong>Townsville</strong> Region?<br />

No other Australian region boasts the resilience, diversity, lifestyle and economic potential that <strong>Townsville</strong><br />

and North Queensland enjoy.<br />

<strong>Townsville</strong> and the immediate North Queensland Region have a 237,462 strong population estimated to<br />

grow to 346,262 by 2031.<br />

Sustainable economic development is a priority and encourages projects that will enhance economic well<br />

being. The Region has experienced strong and steady economic growth with an annual average increase<br />

of 9.8% over the past decade. A commitment to infrastructure <strong>investment</strong> ensures continual economic<br />

growth and development of the Region without compromising lifestyle. The economy is resilient and<br />

currently has over $54 billion worth of mining, construction and infrastructure projects either underway or<br />

proposed for the Region.<br />

A comprehensive array of professional services is available to cater for all your business needs. Direct<br />

flights to most capital cities from <strong>Townsville</strong> make business travel hassle free and accessible.<br />

A highly capable workforce and internationally recognised education and research facilities ensure the<br />

Region continues to grow and maintain its competitive advantage.

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