Toowoomba focuses on economic growth and collaboration in Southeast Queensland ahead of Brisbane 2032 Olympics, says Mayor Geoff McDonald
In Short:
– Toowoomba, Australia’s second-largest city, has a diverse economy worth $16 billion and covers 13,000 square kilometres.
– Mayor Geoff McDonald promotes regional collaboration for investment and secured the $1.8 billion City Deal for future growth.
Toowoomba Region Mayor Geoff McDonald highlights the area’s economic growth and collaborative efforts in Southeast Queensland.
As the second-largest city in Australia, Toowoomba covers 13,000 square kilometers and has a population of 185,000, with a GDP of $16 billion.
The region’s economic strength derives from its diverse sectors, including agriculture, mining, manufacturing, health, education, defense, and aerotech.
Boeing Defense is set to establish operations at Toowoomba Wellcamp Airport, focusing on the production of the “Ghost Bat,” integrating aeronautical and defense capabilities into the local economy.
With the upcoming Brisbane 2032 Olympics and Paralympics, Toowoomba aims to “feed, host, and embrace” visitors.
The Council of Mayors for Southeast Queensland promotes regional interests, including infrastructure and economic development, through a unified voice among 11 councils.
Mayor McDonald advocates for “co-opetition,” a strategy encouraging cooperation among regions to attract investment rather than compete.
This collaborative approach contributed to securing a $1.8 billion City Deal involving federal, state, and local governments, aiding the successful bid for the Brisbane 2032 Games.
The framework benefits the entire region by ensuring shared economic gains from investments.