Chief Minister Michael Gunner and Chief Executive of the Department of Trade, Business and Innovation Shaun Drabsch recently joined Investment Territory General Manager Luke Bowen to meet with stakeholders and further outline Investment Territory’s approach to identifying and securing new private investment to the Territory and providing stronger investment stewardship to businesses along their investor journey.
Investment Territory is delivering a more coordinated and efficient approach to attracting and securing investment in the Territory, leading the whole-of-government effort to double the Territory’s average growth rate from the current forecast of 2.5% to 5%, adding a billion dollars to the Territory economy and creating jobs.
Investment Territory brings together key private‑sector investment attraction functions from across government and will help deliver the recommendations of the Plan for Budget Repair (Langoulant report).
Investment Territory is now home to all of the Territory key investment attraction functions including, northern Australia development and trade, international engagement, major and facilitated projects, and the Local Jobs Fund.
The team has three key roles:
- strategic leadership and coordination of the whole of government approach to investment attraction
- engaging with the market to grow awareness and build our key trade and economic relationships
- investment facilitation for major projects, facilitated projects and significant projects.
This new approach will see a more coordinated and efficient delivery and an improved experience for investors.
The Territory is an inspiring land where people don’t just dream of achieving; they thrive on it. Click on The Territory | Invest to find out more about investing in The Territory.
