Summary

The CRCNA identified the need to bring together the investment promotion, attraction and facilitation community to improve investment outcomes in northern Australia. The goal was to achieve government-facilitated – rather than government-led – economic growth by establishing a shared vision and strategic framework for investment facilitation in new agricultural developments across the region.

This study addressed the need to coordinate the investment environment and establish a shared vision to capitalise on the opportunities presented by dynamic global markets. This approach ensures that investment opportunities are maximised for the benefit of the northern Australia’s economy and its communities.

The research identified investment opportunities, target investor profiles and policy measures to de-risk investment pathways for new agricultural developments. This included the identification of prospective agriculture regions, conducting an investor market analysis, and the developing a classification model to define investor typologies and generate a targeted investor list.

These outputs will be used by Austrade and State and Territory governments to drive investment outcomes in northern Australia.

Expected outcomes

• A comprehensive report included key, actionable recommendations to enable greenfield agriculture investments in northern Australia and to inform an overarching strategic framework for identifying and attracting investors to the region.