AUSTRADE AND THE ACT COOPERATE TO ATTRACT OVERSEAS INVESTMENT

Austrade’s absorption of the functions of the Invest Australia agency will lead to a better fit and greater cooperation between the trade development agency and the ACT Government in efforts to secure overseas investment in the region.

Officers from the ACT Government’s Business and Industry Development Branch held a planning session with senior Austrade officials in early April to discuss alignment of their agencies’ strategic investment priorities and how they might work together.

Outcomes from the meeting included:

  • plans to articulate the ACT’s value proposition for particular industry sectors for Austrade marketing activities;
  • an investment seminar that Austrade will facilitate during Business in Focus Month 2010;
  • development of a client after-care strategy in conjunction with Austrade; and
  • coordinating with Austrade opportunities to leverage promotional/marketing opportunities that could be provided through international visits by leading ACT business people and academics.

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