Why Latin America?
Latin America offers Queensland companies vast growth opportunities.
Latin America’s vast growth opportunities make it a natural partner to collaborate with Queensland across several sectors across mining, food and agribusiness, infrastructure, and education.
Latin America has 21 countries with a population of over 670 million people
100+ infrastructure projects worth $192 billion
Commonalities between Latin America and Queensland in agribusiness
Key partnerships
The Australia–Chile Free Trade Agreement, a double taxation agreement and a stable and transparent process for doing business make Chile a natural hub for Queensland companies. As well, the Peru–Australia Free Trade Agreement (PAFTA), which entered into force on 11 February 2020, will launch a new chapter in economic relations between Queensland and Peru.
Attractive potential
Latin America, particularly Chile, Peru, Brazil and Colombia, offers Queensland companies significant opportunities. Commonalities in mining, energy and agribusiness between the regions can help expand your business or new technologies or products such as biofuel production without diverting land from food cultivation. Additionally, there are 100 infrastructure projects in Latin America and the Caribbean valued at A$192 billion, spanning sectors such as mining airports, electricity, ICT, oil and gas, logistics, rail, highways, urban mass transit, and water and wastewater.
Latin America opportunities
- Mines – technology and services
- Agribusiness – technology, services and innovation
- Services – water management and consultancy for drought and climate change
- Infrastructure – design and master planning
- Training – English language and industry training
- VET training
- Energy production
- Higher education
- Knowledge industries
- Financial services
- Environmental services
- LNG
- Biofuels
- Land rehabilitation
- Community engagement
- Sustainable development
- Airport development and tourism
- Construction
- Innovative technology
- Legal services
- Remote medicine
- Renewable energies
Global markets
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Resources
| Austrade, Market Profile – Chile Austrade, Doing business – Chile Austrade, Market Profile – Colombia Austrade, Doing business – Columbia Austrade, Market Profile – Peru Austrade, Doing business – Peru | DFAT, Australia–Chile Free Trade Agreement DFAT, Peru-Australia Free Trade Agreement (PAFTA) DFAT, Market Insights Brazil DFAT, Market Insights Chile DFAT, Market Insights Colombia DFAT, Market Insights Peru |