REGIONAL BUSINESS INVESTMENT TOUR ANNOUNCES $1 M FOR CELLULOSE VALLEY
TECHNOLOGY PARK June 2000
The Hon Harry Woods, Minister for Regional Development announced an allocation
of $1 million for the Cellulose Valley Technology Park, during the fourth
Regional Business Investment Tour in Lismore on Friday 16 June 2000. This
funding follows many approaches made to the State Government to recognise the
significant importance of the world's first Technology Park of natural plant
The Regional Business Investment Tours gave Sydney-based investors, financiers
and venture capitalists an understanding of the investment opportunities that
exist in many of our region. In essence the tours enable them to run their
businesses better by opening their eyes to the opportunities in country NSW. It
also allows country business operators and organisations the opportunity to show
off their wares, forge contacts, and understand what the investors are looking
for and expect from a potential partner.
Three tours have been conducted bringing together over 50 representatives of
Australia's investment institutions and some 200 regional businesses.
COUNTRY EMBASSY AND TRADE & INVESTMENT CENTRE
The NSW Trade & Investment Centre and Country Embassy is the premier marketing
venue for regional organisations wanting to promote their business to clients in
During last year alone, there were more than 25,000 visitors to both venues.
With regard to the Country Embassy in particular, there were 176 events staged
with 8,425 people attending. The Country Embassy showcases commercial investment
opportunities and promotes the products, services and capabilities of the
Meanwhile, the NSW Trade & Investment Centre continues to offer a comprehensive
business and economic information service to international clients. Overseas
visitors have direct access to information on New South Wales' economic climate
using the latest multimedia technology as well as access to a selection of
In February 2000, the Minister for Regional Development wrote to all local
government Councils in regional areas, all Regional Development Boards and all
Business Development Organisations offering the opportunity for the use of the
Trade and Investment Centre and the Country Embassy for networking receptions,
displays and briefings for international visitors during the Olympic games
period. In addition, the government is also supporting regional business
seminars being organised by the Chamber of Commerce.
Any business interested in utilising these facilities should contact my office
for further assistance.