Advance Cairns activities backed by State Government
Tuesday, July 15th, 2008
Released Tuesday 15th July, 2008
The State Government has placed its support behind Advance Cairns and the diversification of the TNQ economy with today’s funding announcement for the local economic development body.
The $410,000 of funding will be spread over two years and is designated for projects which will benefit the entire Tropical North Queensland region.
The state government funding is an endorsement of the direction Advance Cairns is moving in and bolsters the organisation’s capacity to deliver strong economic development activities for the region.
The downturn experienced in the tourism industry and the added challenges presented by rising oil prices and higher interest rates has further increased the necessity for economic diversification.
Advance Cairns CEO, Mr Ross Contarino is looking forward to working on future initiatives with local government from the Cassowary, Tablelands, Cooktown and Cape York areas.
“Effective economic development is achieved when regional organisations at all levels collaborate and Advance Cairns is committed to this process”, said Mr Contarino.
Industry development and investment attraction are just two of the project areas to be supported by the State Government which Advance Cairns will be addressing.