Brisbane lands trillion-dollar conference in Australian first
Brisbane has won its bid to host a global investment conference, with the event estimated to connect more than $10 trillion worth of assets with investors.
A global investment conference estimated to connect more than $10 trillion worth of assets with investors will be held in Brisbane next month.
Global AgInvesting is the worldâs leading agriculture investment conference and has been held over the past 20 years in major centres such as New York, London and Tokyo.
But for the first time it will be held in the Southern Hemisphere after Brisbane won its bid to host the conference, which takes place over June 10 and 11.
Primary Industries Minister Tony Perrett said the event would attract global investment into the stateâs primary industries sector.
âQueensland is open for business, and no sector is more primed and ready than our agriculture sector,â he said.
âWeâve set an ambitious goal to grow the value of primary production to $30 billion by 2030. I have no doubt many investment seeds sown during this event will result in prosperous harvest in years to come.â
Selecting Brisbane to host the two-day event was a reflection of âgrowing global investor interest in Australian agriculture and natural assetsâ Global AgInvesting portfolio director Jonathan Levin said.
âFor years, many of Australiaâs leading agricultural fund managers and agribusinesses travelled to New York, London and Tokyo to connect with global capital through Global AgInvesting,â he said.
âWe believe the market has now reached an inflection point where it makes sense to bring the worldâs institutional investors directly to Australia.
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âInvestors globally are looking for scalable real assets tied to food production, water, natural capital and long-term sustainability, and Australia increasingly sits at the centre of that conversation. Queensland provides an ideal entry point because investors can experience the assets, operators and supply chains firsthand.â
Australiaâs agriculture, fisheries and forestry sector generates about $100 billion in annual production value, employs approximately 300,000 people and exports about 70 per cent of what it produces.
Site visits will take place for conference delegates across Queensland, including in the Central Queensland Highlands and the ToowoombaâLockyer Valley regions, to demonstrate the stateâs large-scale cattle, cropping and horticulture operations, agricultural supply chains, export infrastructure and emerging sustainability initiatives.
According to conference organisers, the event attracts global investors with more than more than $10 trillion in assets under management, with 75 investors and 250 total delegates expected to attend the Brisbane conference.
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