Territory investment delegation attends major international expo in China

Published on : Tuesday, June 23, 2015

Northern Territory GovernmentAsian Engagement and Trade Minister Peter Styles will pitch the Territory as a place to invest at the annual Guangzhou International Financial Expo in China this week.

Presenting to up to 50 private sector corporates at a Northern Territory evening session while at the investment forum, Minister Styles will be joined in Guangzhou by a delegation of Northern Territory business.

“The Northern Territory Government is committed to championing NT investment propositions and projects to new and existing international investors; and to identify and strengthen engagement with relevant international investors to attract investment that underpins the development of strategic infrastructure,” Minister Styles said.

“The investment presentation at the Guangzhou International Financial Expo is part of a whirlwind six day trade and investment mission to Singapore, Guangzhou, Xian, Macau, Hong Kong, and Kuala Lumpur.”

Mr Styles flies to Singapore early Wednesday morning where he has investment talks with representatives from:

Keppel T & T, ANZ, Mizuho Bank

Singaporean Heng Long International, Mr CH Koh, Executive Director and

Mr Marc Mauclair, Chief Operating Officer

The Minister will also meet with

Mr Chee Hong Tat, Second Permanent Secretary, Ministry of Trade and Industry, Singapore, to discuss Northern Australian White Paper (NT perspective and areas of collaboration) and promote the Northern Australia Investment Forum in November 2015 and Territory Business Festival in April 2016.

Executives from Heng Long Leather International one of the five top tier tanneries of crocodilians leather in the world.

On Thursday June 25, Mr Styles will make a four hour journey to Guangzhou to address private sector investors at the investment forum and later host a networking dinner for Chinese corporates and the Northern Territory business delegation.

“Participating in the Guangzhou International Finance Expo (GZIFE) provides international market exposure for Northern Territory investment sectors,” Mr Styles said.

“GZIFE runs from 26 to 28 June 2015 and attracts a diverse range of visitors including corporate investors, high net worth individuals and representatives from the finance sector, for example: asset management companies, banking executives, investment and wealth managers.

“This event is South China’s largest financial services exhibition. Its aim is to position Guangdong as the leading province on the financial map of China and as the leading financial centre for South China.

“Through its programs and exhibition, the event provides a major platform for businesses to showcase their products and services, and promote investment opportunities.”

The exhibition will host approximately 300 exhibitors and around 390,000 visitors are anticipated. There are 20 business forums and 41 promotional events held over the three day event.

The Office of Asian Engagement, Trade and Investment partnered with the Australia China Business Council NT (ACBC-NT) to coordinate the visit and the delegation will include three Territory organisations from the property, resources and tourism sectors; Elders Real Estate; Wildman Wilderness and Outback Minerals and Australia New Zealand Resources.

On Friday June 26, Minister Styles flies to Xian for trade talks with senior Government officials in the Shaanxi Province Lou Qinjian, to discuss opportunities in investment, education and cultural exchanges.

Mr Styles returns to Guangzhou late that evening for talks the following day Saturday June 27, with senior executives of one of China’s biggest private sector investors Mr Su Zhigang. Mr Su is the owner of hotels, zoos and the world’s biggest safari park.

His multi-billion dollar Eco tourism investments are world renown.

Mr Styles said he has been invited by Mr Su to inspect the Chimelong Ocean Kingdom on Saturday which features the world’s largest aquarium home to the rare whale shark and Beluga whales.

“The focus of talks with the Chimelong Group will be potential Eco and tourism investment opportunities in the Northern Territory and a possible Territory presence at Chimelong parks,” he said.

“After the two hour stop over in Ocean Kingdom I will travel to Macau to have investment talks with LED Lighting,  which met recently with PowerWater Chief Executive John Baskerville to discuss consumer energy saving opportunities in the Territory.”

While in Macau Minister Styles will have talks with executives from China Bank.

The next morning, Sunday June 28, Minister Styles will catch an early morning ferry to Hong Kong for a day of meetings with Mr Kim Lee of China Resources (Holdings) and Mr Charlie Lim the Executive Director of the Marine Products Association of Hong Kong.

Before leaving Hong Kong the next day, Mr Styles will meet with the Australian Consul General in Hong Kong and have talks with Cathay Pacific about plane storage opportunities in Alice Springs.

Mid-morning Mr Styles embarks on the four hour flight to Kuala Lumpur for talks with the operators of the Alice Springs casino which is currently renegotiating its licence.

On Tuesday June 30 before flying back to Darwin late the Minister has meetings with the Australian Consul General, Malaysian Airlines, MBF Taylor’s Group the operators of International Schools, the Malaysian Minister of International Trade and Industry and the Malaysian Minister for Sport and Culture.

During this visit, the Minister will meet with a range of Asian businesses, organisations, private investors and government representatives to promote increased business activity with the Northern Territory.

Minister Styles is available for interview this afternoon.

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