Trade and Investment Minister Andrew Robb will promote the Australian government’s strong pro-investment agenda to some of the world’s leading CEOs later this week in Sydney.
Mr Robb will chair the Australian Investment Forum, to be held on Saturday 19 July, following the B20 Summit of business leaders on 16-18 July and prior to the G20 meeting of Trade Ministers.
Leading executives from the US, UK, Japan, China, Singapore, India, Europe and the Middle East will attend the Forum, organised by Austrade to bring together companies with significant existing or potential investments in Australia.
“Australia’s hosting of the G20 Trade Ministers and Business 20 Summit has provided the opportunity to bring together the CEOs of the world’s major corporations and the Forum seeks to capitalise on that moment,” Mr Robb said.
The Minister said he was confident the CEOs would be receptive to the fact that Australia is the world’s 12th largest economy, growing for 23 years now and that we have a long tradition of welcoming foreign investment.
“We have a very compelling story to tell the world supported by this government’s strong domestic reform agenda that is pro-investment,” Mr Robb said.
“This includes getting rid of destructive taxes such as the carbon and mining tax, serious attacks on red and green tape, repairing the Federal Budget, the streamlining of approval processes for major projects, the reform of the construction and shipping industries to enhance productivity and record levels of infrastructure investment.”
Mr Robb said since coming to office he had conducted 37 major investment roundtables in 14 countries promoting Australia to investors and fund managers representing trillions-of-dollars.
“This Forum will provide a high-level opportunity to demonstrate what we are doing to make Australia the most attractive destination possible.
“As a country we are focussed on backing our strengths, the things we do as well as any and better than most. Areas including resources and energy, agriculture, tourism, education, health and medical research along with a pipeline of core infrastructure projects present strong prospects for international investors,” he said.
Mr Robb will also chair a roundtable on investing in tourism infrastructure. Three other roundtables will focus on other national investment priorities, including food and agribusiness, resources and energy and major infrastructure.
He will be joined at the Forum by other Federal ministers, including Treasurer Joe Hockey, Industry Minister Ian Macfarlane, Agriculture Minister Barnaby Joyce and Assistant Infrastructure Minister Jamie Briggs.
Ministers from the states and territories have also been invited.
- Trade Minister's Office: (02) 6277 7420
- DFAT Media Liaison: (02) 6261 1555