Brisbane investment prospects highlighted through Bahrain tour

The team from Velocity Brisbane, the city's investment attraction agency, will be highlighting a wide range of attractive commercial sectors and the cost-free services it offers to investors wishing to do business there, it was revealed during the press conference held at the Coral Beach Resort.

During their stay in Bahrain, the company representatives will be meeting with hotel and commercial property developers, logistics and aviation industry-related players, perishable goods distributors, leaders in the health sciences industry and others.

'The capital city of Queensland, Brisbane is a modern and sophisticated metropolitan center,' said David Regan, CEO, Velocity Brisbane. 'Queensland's rate of economic growth has exceeded the rest of Australia's for 16 of the last 18 years. This has been recognised internationally with Jones Lang LaSalle citing it as an international 'rising urban star' and KPMG's World Winning Cities Report ranking it as the most cost competitive business location in the Asia Pacific region.'

Brisbane is a catalyst of economic growth in Australia, with a pool of talent which continues to rise. This is evidenced by its 2.5% rate of population growth, which is more than double all other capital cities in Australia. It has over 110,000 students enrolled in universities and 14.2% of its workforce hold bachelor's degrees or higher qualifications, compared to the Australian average of 9.6%.

'Brisbane offers a safe and lucrative investment environment in a variety of high growth sectors. We believe that closer trade ties will be mutually beneficial to the economies of Bahrain and Brisbane,' said Ben Topham, Director of Investment Attraction, Velocity Brisbane.

'Velocity Brisbane can provide potential investors with unparalleled access to data, resources and the right networks in greater Brisbane. We work closely with a widespread corporate partnership program, the Queensland State Government and all surrounding shire councils in attracting and facilitating inward-bound investment. This level of collaboration between government and private enterprises is unmatched by other cities and states throughout the rest of Australia.

'Bahrain's business environment is also witnessing a rapid transformation and its reputation for having one of the freest economies in the world makes it an attractive partner for us. Through this visit we hope to establish a strong economic relationship which will last for decades to come.'