Premier Jay Weatherill
Investment opportunities in a bold $100 million-plus redevelopment of South Australia’s Cleland Wildlife Park will be pitched to international partners – starting with Premier Jay Weatherill’s trade and investment mission to China next week.
Mr Weatherill will be taking a portfolio of South Australian investment opportunities around the world over the coming year on trade and investment missions to China, Malaysia, Singapore, the United Kingdom, France, Italy and the United States.
The investment portfolio is part of the State Government’s economic priorities to boost the tourism, food and wine industries, infrastructure and the State’s international engagement.
“My vision for South Australia is for it to be the place where people and business thrive,” Mr Weatherill said.
“The vision is about opening the door to new ideas, new opportunities, new people and new businesses.
“It’s about taking bold actions and seizing opportunities.
“We are taking the opportunity to present some large-scale investment opportunities to our potential partners.”
The State Government has developed a master plan that would be the basis for the expansion and redevelopment of Cleland Wildlife Park to create an experience that matches the expectations set by Hong Kong’s popular Ocean Park.
Cleland is already a significant tourism asset that attracts 100 000 visitors a year.
“We think it could be so much more, which is why we’re seeking partners with expertise in attracting international tourists to help us achieve that vision,” Mr Weatherill said.
The Cleland investment opportunity includes the establishment of an international koala research facility, which would operate in partnership with the University of South Australia and Ocean Park, and the potential development of a resort.
The investment opportunities also will be pitched to Australian investors.
Also included in the investment portfolio are:
- Investing in Port Adelaide, the last major undeveloped Port waterfront in Australia through up to $2 billion residential and commercial investment opportunity.
- Investing in Adelaide’s Riverbank Precinct
- Investing in South Australia’s food and wine industry
The Riverbank investment opportunity will include tourist and residential accommodation, food and beverage, licensed entertainment and commercial opportunities.
It also will include opportunities to invest in and around the health and biomedical precinct, the Royal Adelaide Hospital site and the plaza area at the front of the Adelaide Festival Centre.
The Port Adelaide opportunity will offer investment opportunities around the Port Adelaide town centre, waterfront, commercial and industrial areas and residential areas incorporating a mix of public and private housing.
The food and wine opportunity includes investment in dairy production, almond production, acquaculture production, food production north of Adelaide and the development of intellectual property to improve productivity of soils.
The Premier is leading a trade and investment mission to China next week, which will be the largest South Australian trade and investment mission anywhere.
A total of 246 South Australians will be involved in the mission, from business, industry, state and local government.
“In early 2013, I led a delegation that included key industry leaders in the minerals and energy, clean technology, agribusiness, wine, education and cultural sectors to Shandong to begin to sow the seeds of a more fruitful relationship,” Mr Weatherill said.
“The first South Australia Shandong Development and Cooperation Forum was held and a Memorandum of Understanding was signed between our two states with the formation of a high level working group to support the memorandum.
“We now return for the 2nd Shandong South Australian Development and Cooperation Forum and I will bring with me the largest international delegation ever to come from South Australia.
“Delegates will be looking to develop new trade and investment relationships or build on those that have been established during earlier engagement.”