Eco Innovator March 2012

Government Policy

Qld Investment in Wind and Bio Products

Wind and sugar based products are among the beneficiaries of more than $2.2 million in economic initiatives for the north Queensland region.

Qld Premier Anna Bligh released the final Cairns Region Economic Future 2012-15 plan, which identifies strengths and investment and business opportunities for the renewable energy industry.

These include emerging wind resources and the potential of sugar for bio-industrial products.

Another $484,000 over three years is for a dedicated investment coordinator who will help attract and facilitate private sector investment, helping businesses obtain development approvals for regionally significant projects.

$100,000 is to explore Cape York Peninsula's potential as an eco-tourism hub and encourage development, and $77,000 to deliver Advancing Tropical Green Build: Connecting Tropical North Queensland Capability to Market and promote eco-friendly building practices.

These are among 15 new initiatives worth more than $2.2 million that were added to the Queensland's Renewable Energy Industry Development Plan and to support a Smart Energy Hub for north Queensland.

"The Far North is a major economic powerhouse in Queensland and the next four years offer huge opportunities for this diverse part of the State, said premier Bligh.

"But without proper vision, planning and investment, opportunities will be missed. This sets a clear path to reach the potential that we know Cairns and Far North Queensland are capable of," she said.





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