TSBE continues to support the region

Toowoomba and Surat Basin Enterprise (TSBE) have released their 2020-2021 Annual Report, outlining their activities throughout the last financial year.

The report showcases the successes of this region as it continues to outstrip Qld and federal gross regional product growth.  

TSBE CEO, Ali Davenport said, “I am proud to be able to share the 2020-2021 report that highlights the ways TSBE has helped deliver growth for our region and local businesses."

The report outlines TSBE’s involvement with major opportunities including Inland Rail, the resources sector, renewable projects, hydrogen, agriculture and ag tech, health and the expansion of the manufacturing sector.

Ms Davenport said, “the region’s diverse economy is once again proving to be our greatest strength.”

“Food and produce is in high demand, including weekly exports through Toowoomba Wellcamp Airport direct to Singapore and Hong Kong.”

“The energy sector is growing with expanding gas projects occurring in the Western Downs and Maranoa.”

“Renewable energy projects are in abundance, including the Macintyre, Wambo and Karara Windfarms and the Wandoan Solar Project, and there are multiple battery storage facilities either under construction or planned for the future.”

“Other opportunities include ag tech, manufacturing, hydrogen, and, of course, Inland Rail is a major infrastructure project about to commence, which will transform the region into a major transport and logistics hub.”

“The team at TSBE are involved in all of these major projects and our role is to connect them to local businesses to ensure maximum opportunities and jobs are generated locally.”

“TSBE is also undertaking a study into the 2032 Olympics and the potential benefit this international event will bring locally,” said Ms Davenport.

The Annual Report also outlines goals for the following financial year, including providing more opportunities for members, continuing to grow TSBE’s SQ Export Hub to increase exports, providing further support for manufacturers, continuing to advocate for Inland Rail and growing the health care sector. 

TSBE’s strategy will expand over the coming years to include sustainability and carbon reduction programs, advocacy for more energy projects, increased investment attraction and advocating for water infrastructure. 

“The best is yet to come for our region and TSBE will continue to work hard to link businesses to opportunity to create sustainable growth and diversity in the economy,” said Ms Davenport.

Please see the Annual Report here: www.tsbe.com.au/who-we-are-0