Tag: Queensland

Queensland Shines at BioAsia 2024 with TIQ Spearheading Collaboration in Life Sciences with Indian Companies

India, 28th February 2024Trade and Investment Queensland (TIQ), the dedicated business agency of the Government of Queensland is pleased to announce the tremendous response received during its participation as the global sponsor for BioAsia 2024. The event served as a catalyst for initiating discussions and exploring potential partnerships with other companies within the life sciences industry and healthcare sector.

Queensland’s participation in BioAsia 2024 proved to be a resounding success, further solidifying the state’s commitment to fostering global innovation through collaboration. Led by TIQ, a delegation of 8 Queensland researchers and companies immersed themselves in the dynamic atmosphere of the event, forging fruitful collaborations with Indian and global counterparts. The Queensland delegates showcased the state’s innovative prowess and dedication to advancing R&D, AI, and data-driven solutions during their interactions with industry leaders and experts. This successful collaboration underscores Queensland’s position as a leader in R&D and highlights the strategic importance of partnerships with India and other global players in driving economic growth and innovation.

Mr. Abhinav Bhatia, Senior Trade & Investment Commissioner – South Asia, Trade and Investment Queensland, remarked, “Our participation at BioAsia 2024 reflects Queensland’s dedication to driving innovation and fostering global partnerships through joint research, phase I clinical trials, joint drug discovery initiatives. These were the strands discussed during meeting between Queensland and Indian leaders in life-sciences.”

The Queensland delegation included Professor Alan Rowan, Director of the Australian Institute for Bioengineering and Nanotechnology at the University of Queensland (UQ) renowned for his pioneering research in Advanced Nano-Structured Materials, Precision Nanomedicine, and Biomanufacturing. Joining him are Tamanna Monem, Head of Growth & Partnerships, Directorate, at The Queensland Institute of Medical Research (QIMR), Berghofer, renowned for her strategic vision and expertise in driving sustainable growth initiatives and garnering investments from key sectors like healthcare, MedTech and defence; Professor Prasad Yarlagadda, Dean of Engineering at the University of Southern Queensland (UniSQ), an award-winning engineer recognized for his exceptional contributions to engineering and advanced manufacturing and who has received over $18 million in funding for his research; Prof Eliza Whiteside, Head (Research) at UniSQ who has won multiple awards for research in fields like molecular biomarkers, cancer biology, survivorship, and medical materials and technologies; and Dr. Anand Gautam, who is the founder of G2OME CONSULTING GROUP is a Life Science Queensland Ambassador, and is an Adjunct Professor at The Institute for Molecular Biosciences, University of Queensland.

Alongside the delegates leading Queensland companies like Microbio which has developed InfectID – a novel molecular diagnostic technology, Southern RNA which specialises in the production of nucleic acid products, Aegros an Australian technology leader in the therapeutic plasma market and Clinials which is a next generation Clinical research platform helping Global Life Science pioneers showcased their groundbreaking work across the entire spectrum of life sciences innovation, from R&D and clinical trials to cutting-edge data & AI applications. The participation of the delegation and the companies showcased their innovative contributions across the life sciences spectrum, laying the groundwork for future collaborations and partnerships.

Mr. Abhinav Bhatia further added, “During the 3-day event, the Queensland delegates took full advantage of this opportunity to forge fruitful collaborations with Indian and global counterparts. These successful conversations underscores Queensland’s position as a leader in R&D and highlights the strategic importance of partnerships with India and other global players in driving economic growth and innovation. This event has further solidified Queensland’s position as a hub for innovation and underscores our commitment to driving economic growth through international partnerships.”

BioAsia 2024 served as a catalyst for dialogue, knowledge exchange, and collaboration between Queensland and India in the life sciences sector. The event facilitated meaningful interactions, fostering mutual growth and innovation in healthcare and biotechnology.

Moving forward, TIQ remains committed to nurturing the collaborative relationship between Queensland and India, driving advancements and breakthroughs in the global healthcare landscape.

Queensland, Australia offers horizon of opportunities to Indian business community

Queensland, Australia offers horizon of opportunities to Indian business community

Welcoming over 12,000 millionaires in 2019, Australia has emerged as the most preferred migration destination for high net-worth individuals worldwide. Australia has one of the most conducive environments in the world to do business and has a very strong and robust economy. Queensland, Australia, is emerging as the preferred destination for migrants due to the excellent handling of the Covid-19 pandemic and opportunities in the education, minerals, renewable, and agriculture sectors.

 

The interim Australia-India Economic Cooperation and Trade Agreement further boosts the strong relationship between the two countries. The agreement will eliminate tariffs on over 95per cent of the goods and services on Indian exports to Australia. Australia will also gain sizeable market access in India, with tariffs being eliminated on more than 85 percent of the Australian goods and services exports to India. At the end of June 2019, 660,350 Indian-born people were living in Australia, more than twice the number (307,590) on 30 June 2009 and this is further expected to increase. This makes the Indian-born population the third largest migrant community in Australia.

 

Mr. Abhinav Bhatia, Senior Trade & Investment Commissioner – South Asia, Trade & Investment Queensland, addressed the audience, including senior business leaders, at a seminar organized by Phoenix Business Advisory. Explaining the decision-making factors during migration and why Queensland is the preferred choice, he stated, “With a growing economy and excellent quality of life, Queensland is a choice many immigrants and Australians are making to put down roots. Due to the Queensland Government’s successful handling of the Covid- 19 pandemic, Queensland has seen the highest interstate migration in the last 20 years. Brisbane (the capital city of Queensland) being the host city for the 2032 Olympics and Paralympic Games, has provided a catalyst leading to various developmental projects and business opportunities in many industries. Furthermore, Queensland has closer ties with India than other Australian states, contributing 60.7 percent to national export value in 2021. These factors and proactive support by Migration Queensland make us the ideal choice for Indian investors and innovators.”

 

The event offered a platform for interested individuals to interact, which guided entrepreneurs with information about important policies, visas, and migration procedures to set up their business.

 

Being well connected with the rest of the world, Queensland, provides an excellent opportunity for the Indian business community. Moreover, migrants can access top-quality education and healthcare by making the state home. Under the Queensland Business Nomination program, innovators and investors can apply for migration to Queensland (Visa Sub class: 188) by exploring the various business opportunities. To know more, please reach out to Trade & Investment Queensland (TIQ):

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Adani responds to royalties agreement announcement

The following statement can be attributed to an Adani spokesperson:

“Consistent with the Queensland Treasurer’s comments on Thursday 1 October, we can confirm that the royalties agreement has been signed by both Adani and the Palaszczuk Government.

“The Carmichael Project will generate billions in mining taxes and royalties that go to the Australian and Queensland Governments in the first 30 years of operations. This money will help build schools, hospitals and roads for Queensland.

“Construction of the mine and rail is well underway, with more than 1,500 people now employed and more than $1.5 billion in contracts awarded on the Carmichael Project.

“More than 88% of our contracts are being delivered in Queensland and have been spread across all corners of the state to give as many regions as possible the opportunity to benefit from our project, while also enabling us to tap into the highly-skilled construction and resources industry workforce that Queensland possesses.

“Mining has cushioned the Queensland and Western Australian economies from the worst of the devastating economic impact of the COVID-19 lockdowns and we are proud to be a part of that.

“The construction of the Carmichael Project is on track to produce coal in 2021.”