Since 2015 more than 55% of Chinese global investment has been in energy and resources projects, and Australia has been the largest benefactor. But why Australia?
“Australia is the lucky country. It’s also the empty country in that deposits are easier to find. It’s got infrastructure, high quality professional bodies, major multi-nationals with a large presence, and world-class locals,” Mr Morgan said.
The people aspect was equally important, as China works to develop its own human capital.
“Chinese companies are learning from Australians on energy and resource development, and using Australian operations as a training ground to bring the talent back into the country.”
Chinese investment and construction worldwide has seen significant growth since the turn of the millennium, and is currently estimated to be valued at USD 1.7 trillion*.
The Energy Mines and Money Australia Conference has attracted more than 500 attendees, showcasing 40+ strategic mineral, coal, oil and gas opportunities, matching projects with global investment throughout the two-day event.
Supported by the Queensland Government, the programme examines the trends and forecasts that will shape investment and development for the mining, oil and gas industries into the future.
With $718 billion investment on show at the Energy Mines and Money conference is a clear sign that resource investment is on the rise.
ShineWing Australia is a unique accounting practice that offers clients the capability and global reach of the ‘Big 4’ accounting firms, with the commitment, drive and personalised service of an independent, Australian firm. It has over 200 staff and 30 partners and we’re growing. Its people bring together a powerful range of skills, experiences and perspectives to help drive the growth of our clients. It provides expertise across assurance, business advisory, corporate finance, tax, private clients and wealth management services.
About Energy Mines and Money Australia
Energy Mines and Money Australia showcases strategic mineral, coal, oil and gas opportunities, matching projects with global investment throughout a two-day conference and exhibition at the Brisbane Convention & Exhibition Centre from 11-13 June 2019. Supported by the Queensland Government, the programme will examine the trends and forecasts that will shape investment and development for the mining, oil and gas industries moving forward.
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