Welcome to the October edition of the Tasmanian Business Reporter. In this month's bumper 16-page edition you'll read about the boundless opportunities that have arisen for Tasmanian businesses after the State Government's trade mission to China which promises to unlock lucrative new markets. You'll also find the details behind the relocation of Macquarie Point's waste water treatment facility set to unlock millions of dollars' worth of investment and jobs, UTAS's push to improve access to education and training on the west coast and Tasmanian businesses taking home impressive awards on the national stage.
OCTOBER 2018 T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY MISSION POSSIBLE Some of the Tasmanian contingent and their Chinese hosts during the recent trade mission and, inset, Premier Will Hodgman addresses one of the 50 meetings held during the 13-day mission. By TOM O’MEARA UNPRECEDENTED opportunities await Tasmanian businesses after a Chinese trade mission promises to unlock lucrative new markets. The State Government trade mission will deliver opportunities to export more fresh produce, attract more overseas students and highlight Hobart as the Antarctic gateway. The exercise will enhance connections and create new opportunities for business and will deliver more jobs statewide. Growth and certainty will follow a Memorandum of Understanding to establish a co-operation mechanism to improve the international market competitiveness of Tasmanian fresh food products and the Shanghai Win- Chain supply chain. Tasmanian Chamber of Commerce and Industry members will now be able to link with Chinese Chambers of Commerce – delivering unprecenednted face-to-face opportunities with clients and potential clients. More than 80 per cent of Tasmania’s international exports are to Asian markets and that figure is increasing. Facts deride Opposition and Green criticisms of the Government – given the trade mission involved more than 50 meetings and engagements with major industry leaders and businesses over 13 days. TCCI CEO Michael Bailey was one of the 30 Tasmanian business leaders and owners who went on the trip, which he said was a “huge success”. “Suggesting that the Premier was on holidays because he visited the Great Wall of China is to not understand the Chinese culture,” Mr Bailey said. “One of the major outcomes of the mission was the understanding of how Tasmania needs to connect with Chinese markets. To crack the local markets we need to work with the local provinces, or local government.” Mr Bailey said as well as linking with Chinese chambers, the TCCI would lead a trade mission to China in 2019 working with AusCham in Shanghai and Beijing. Mr Hodgman said there was a very positive perception in China of what Tasmania offered. “(This has resulted in) a corresponding increase in trade in recent years in areas where we have a competitive advantage, including agriculture, aquaculture, energy, mining, forestry and tourism,” Mr Hodgman said. Primary Industries and Water Minister Sarah Courtney said our fruit, seafood, red meat, wool, dairy, wine and whisky were regarded as world-class and were increasingly sought in Asian markets. “Importantly, this trade mission connected Tasmania producers and industry representatives with key buyers, importers and trade experts which is expected to further boost export demand and create more jobs in Tasmania.” Meanwhile, Mr Hodgman welcomed the announcement that the Chinese icebreaker Xue Long would dock in Hobart twice this summer – estimating it would generate $2.5 million for the economy. “It will be a stop that generates an extraordinary amount of economic activity for Tasmanian businesses. Tasmania Polar Net- Continued page 2 Upcoming events Save the date! More details coming soon Premier’s Cocktail Party November 2018 TCCI Tasmania Report Roadshow 3 December 2018 Stay up to date at: www.tcci.com.au/events-calendar or by contacting: firstname.lastname@example.org