An independent report has further fuelled the bid to establish the Toowoomba Region as one of the world’s logistics powerhouses.
Already the third most-diverse economy in Australia, Toowoomba Region Mayor Paul Antonio wants to broaden the base of the economy even further by capitalising on the region’s geographic advantages.
“The Toowoomba Region is within 24 hours drive of more than 85% of the nation’s population,” Mayor Antonio told delegates at the Toowoomba Transport and Logistics Symposium this morning. “More importantly the city is within a 12 hour flight to more than 50% of the world’s population.”
“The Toowoomba Region is ideally placed to play a major role in South-East Queensland’s emergence as a world logistics powerhouse,” he said.
“A new KPMG report shows that Toowoomba has a significant cost advantage over Brisbane in its bid to become a substantial transport and logistics hub.”
“Toowoomba has a number of advantages including cheaper industrial land already zoned for transport and logistics locked in and ready for development.
“The Toowoomba Region also has a significant existing support industry for this sector including diesel mechanics, transmission, wheels, motor bodies, electrics, among others, for trucks, trailers and fork lifts which is also a significant advantage.”
KPMG modelling shows that a company that builds a top-tier, industry average, transport and logistics business, such as the size required by supermarkets like Coles and Woolworths in the Toowoomba Region will reap $7.4 million more in benefits over a 15-year period compared to a similar business in Brisbane.
The report also shows a significant advantage for companies leasing facilities in this region due to the availability of existing facilities, lower rental rates and the amount of greenfield sites coming on to the market.
“The report also indicates this advantage will be even higher when the Toowoomba Second Range Crossing is built. The inland rail network will also significantly improve returns for these businesses. Indeed the stage is set for Toowoomba to become a major player in world logistics,” Mayor Antonio said.
“The Toowoomba Region has a number of people already employed in transport and logistics and they give the city a ringing endorsement as a base for further expansion.
“This is just not limited to the emerging Charlton-Wellcamp hub, as satellite areas, such as Oakey and Pittsworth also have the potential to attract major businesses to their emerging industrial estates.”
Mayor Antonio said South East Queensland and Toowoomba were ready now to capitalise on the growing demand from Asia for Australia’s skills, produce and products.
“Presently a lot of cargo ships head down the eastern seaboard to Sydney and Melbourne. It is our vision these ships will soon be coming to the Port of Brisbane to pick up cargo that has been shipped by road and rail from the nation’s emerging freight destination … Toowoomba.
“Between 40 and 50% of the Port of Brisbane’s trade already comes from Toowoomba and further west. With the advent of the inland rail, it makes sense that this region becomes the holding yard for the nation.”
“There is more than 2000 hectares of available industrial land ready for use. Nowhere else in the nation can boast to be open and ready for business on such a scale.”
Toowoomba Regional Council: http://www.toowoombarc.qld.gov.au/about-council/newspublications/11500-report-backs-toowoomba-s-bid-to-become-a-logistics-powerhouse Created: Tuesday, 04 August 2015 09:37