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Investment strategy puts Logan on the map

Published: 30 September 2016

Investment strategy puts Logan on the map

Logan City Council’s recent delegation to China and Taiwan is already showing positive signs for the city, generating a number of enquiries from businesses that were engaged during the July mission.

The two-week trade mission took in a number of cities including Shanghai, Suzhou, Qinhuangdao and Nantong.

City of Logan Mayor Luke Smith said the trade and investment trip was already showing positive signs towards delivering significant commercial and economic development to the city.

“Council officers have been in discussions with some of the businesses we met, which indicates these companies are very interested in what Logan has to offer,” he said.

“As a direct result of the trade mission to Asia, Council recently hosted a visit from the owner of Nantong Xinjing Properties Co. Ltd, which is looking for commercial and residential investment opportunities in our city.

“Logan’s population is booming and the need for jobs closer to where our residents live is critical - we need to encourage investment in our city now.”

Mayor Smith said the delegation met with owners and managers of a number of high-profile businesses across China and Taiwan to discuss what Logan has to offer and the preferred investment direction of some of these organisations.

“One of the companies we met was Chin Hong Group in Taiwan to discuss textile and clothing opportunities and gain an insight into the company’s property development direction,” he said.

“Not only did the delegation meet with potential investors, but it reconnected with governments of our Sister Cities, including the Mayor of the Taoyuan District Government and the Suzhou Chamber of Commerce.

“These two cities are great advocates for Logan and utilising these opportunities to remain in contact helps strengthen our relationship for tourism, trade and development.

“We’re changing how we view Sister City relationships to actively focus on economic arrangements for both parties."

As part of Council’s Global Connections Strategy, a delegation will embark on a United States trade mission in October to meet with a number of businesses in the innovation and technology sector.

A report summarising the full activities of the first year of Council’s Global Connections Strategy is expected to go to Council in mid-2017.