Food and tourism investment opportunities on the Limestone Coast are being explored by nine business migration clients taking part in Immigration SA-led tour to the region this week.
Investment and Trade Minister Martin Hamilton-Smith said that over the next two days the group of investors from China, Malaysia and Taiwan will investigate identified tourism accommodation, agriculture and seafood industry opportunities in the region.
Immigration SA has worked closely with the South Australian Tourism Commission (SATC) and Regional Development Australia (RDA) to identify opportunities in the region.
The business migration investors have been identified by Immigration SA as having:
- already invested in real estate and/or agriculture assets in South Australia;
- demonstrated access to significant capital; and
- expressed interest in being introduced to further potential investment opportunities in the state.
The need for more upmarket accommodation on the Limestone Coast has been highlighted following the increase in Chinese tourism on the Adelaide-Melbourne self-drive coastal route.
The investor cohort is also interested in a variety of seafood and agriculture opportunities in the region.
Quotes attributable to the Investment and Trade Minister Martin Hamilton-Smith
South Australia has a strategic approach to increasing its engagement with high net worth business migrants, who play an important part in our economy.
This week’s program includes tourism accommodation and property development opportunities in the Coonawarra; Robe and Mt Gambier.
The group will also be looking at large-scale mixed use farming operations, seafood export and livestock landholdings in the region.