Queensland businesses heard all about opportunities in the state’s growing defence industry at the inaugural Queensland Defence Summit at Ipswich recently.
The Ipswich region is becoming a centre for Queensland’s defence sector, with the news earlier this year that Germany’s Rheinmetall Defence would establish a major manufacturing facility at Redbank.
Rheinmetall’s Redbank facility will manufacture 211 Boxer combat reconaissance vehicles to fulfil a major contract for the Australian Defence Force, with flow-on opportunities for Queensland businesses to participate in Rheinmetall’s supply chain.
These supply-chain opportunities were explored at the summit, which was held at the Springfield campus of the University of Southern Queensland on 20 November.
Expert speakers from government and industry briefed businesses on opportunities in defence-related manufacturing, logistics, exports, innovation, research and partnerships.
TIQ was represented at the summit by Julie Mark, Principal Trade and Investment Officer for the Ipswich Region.
Almost 10% of employment in Ipswich is in the defence industry and associated supply chain.
The Queensland Government is aiming to significantly increase the state’s revenue from the defence industry through its Queensland Defence Industries 10-Year Roadmap and Action Plan.
Recent government initiatives have included establishing three expert advisory groups to provide advice about developing Queensland’s defence industry, including investment attraction.
The defence sector is identified as one of Queensland’s emerging export strengths in the Queensland Trade and Investment Strategy 2017–2022.
The first sod was turned for construction of the Rheinmetall facility at Redbank on 16 November.