A Deep Look into Tasmania Innovation and Technology
We had an informative webinar today on the investment opportunities in Tasmania, the most southerly state in Australia. Shannon Powell, Australia’s Senior Trade & Investment Commissioner for Hong Kong and Macao, gave members an overview of the country’s economy and priority sectors. In particular, she said the digital technology sector was one of Australia’s most promising sectors, projected to grow to over A$200 billion (HK$1.1 trillion) by 2030. She also encouraged members to look into the country’s plant-based meat and dairy sector.
Moving on to Tasmania specifically, John Perry, Coordinator-General at the Tasmanian Government, said 100% of the island’s energy came from renewable sources, with over three-quarters coming from hydropower plants. The state was therefore an ideal destination for companies looking to make their manufacturing greener and to meet carbon targets. He added that Tasmania was blessed with abundant natural resources, modern infrastructure, and a business-friendly environment, and that there were investment opportunities in setting up solar energy plants.
Also speaking at the webinar, Anna Barlow, Food Innovation Partner at Startupbootcamp Australia, introduced Startupbootcamp, one of the world’s largest accelerator programmes, serving over 1000 startups. This year, the programme is focusing on the circular economy, food, aqua and agritech, and fermentation technology. Philippa Butler, Global Talent Officer at Australia’s Department of Home Affairs, talked about Australia’s Global Talent Visa Program, which allows talented individuals to live, work and study in the country.
Thanks go to the Austrade and Tasmanian Government for co-organizing the webinar with our Asia & Africa Committee.