A delegation of 12 Asian investors are visiting the Limestone Coast for a two day showcase throughout the region to investigate ways to value-add to local primary produce.
The delegation of Chinese and Malaysian investors will visit Mount Gambier, Coonawarra, Millicent, Blue Lake Dairy and Mayura Station in search of opportunities to invest in local tourism, horticulture, agriculture, seafood and wine industries.
“It is widely recognised that Australian agriculture will need to find innovative ways to attract domestic and foreign investment to the level of $600 billion between now and 2050 to play in the Asian market,” City of Mount Gambier Investment Attraction Manager Bruce Rodda said.
To grow our regional economy we need to attract more investment into agriculture to enable the value-add we so desperately need to gain maximum returns from exporting our premium products.- Bruce Rodda
Mr Rodda said several of the investors on the tour are familiar with the local area and keen to inject capital into the region.
“Many of the investors that we are hosting on this visit have already invested millions of dollars into the South Australian economy. Others have exported many thousands of dollars of high quality woollen products and lobsters from the Limestone Coast.”
The Limestone Coast Investment Showcase is a collaboration between Immigration SA, the South Australian Tourism Commission, City of Mount Gambier, Wattle Range Council, District Council of Robe, Limestone Coast Local Government Association and Regional Development Australia.
For further information please contact City of Mount Gambier Media and Communications Coordinator Sharny McLean on 8721 2401 or smclean@mountgambier.sa.gov.au
