Queensland is busy trying to cut its reliance on the boom-and-bust coal mining industry by developing a renewable energy industry and upgrading its infrastructure to cater to a growing number of tourists.
“We are more than a rocks and crops economy,” the Treasurer of Queensland, Curtis Pitt said last month in Hong Kong, as he courted an audience of potential investors with his vision for a more service-driven economy.
Attracting risk-averse private money to pay for the required overhaul of the northeastern Australian state's infrastructure remains a challenge though.
To that end,...
¬ Haymarket Media Limited. All rights reserved.
